Crabtrees Real Estate | December 2016 | Business Parks

FOR SALE OR LEASE

QUALITY BUSINESS PARK OPPORTUNITIES DECEMBER 2016

Oakleigh 9567 8888 Dandenong South 8795 4888 www.crabtrees.com.au

P R O J E C T

M A R K E T I N G

Welcome to the final addition of our Project Marketing update for 2016.

It has been a huge 3 months since our last update. There are now 28 sales at INDUSTRIA KNOXFIELD with Stage 1 well and truly under construction and due for completion around April 2017. There is only 1 building left in Stage 1 so if you are looking to move early next year this is your last option. Stage 2b has now been released and is due to be delivered late 2017. Huge Stamp Duty savings are still available.

M-INC in Moorabbin is flying along with only 2 buildings left for sale in Stage 1. Construction is due for completion around April 2017. This will be one of Moorabbin’s most highly regarded business parks with warehouses and office warehouses and an onsite café is planned for Stage 2. A great opportunity exists for Tenants wanting exposure with the 3 front office/showroom/warehouses now available for lease.

PARKVIEW, 1 Kingston Road, Moorabbin is now all sold out which has proven to be popular amongst owner occupiers and investors. PHOENIX Business Park is now gaining momentum with 4 sales and 1 under offer. If you are looking to occupy immediately in Moorabbin, this is your only option.

ROYAL Business Park is almost sold out with construction about to commence and with the recent sale of lot 12 there is only one option remaining on Westminster Street, Oakleigh being a rare freehold opportunity of 449m2. Be quick, this will not last!

And last but definitely not least, PRECISION Business Park is one of (if not) the best developments in the city of Monash! With only a few options remaining these buildings feature the highest quality fit-out and finishes. Ideal for owner occupiers and investors who can expect a return of circa 6%. Huge depreciation and a supreme location. This project is almost complete and inspections will impress!

If you haven’t already, visit our website for the most up to date listings, plans and images. crabtrees.com.au/development/ If you are looking at buying, leasing or simply require property advice please do not hesitate to contact any of our experienced staff.

Luke Pitcher

Manager - Project Marketing luke@crabtrees.com.au

OUR RECENT SALES: INDUSTRIA OAKLEIGH

25 WAREHOUSE & OFFICE WAREHOUSES

• Sizes: 135sqm – 383sqm

• Prices from: $337,500

• Rents: $140-$150 p/sqm

• Average Yield: 7%

• Developer: Wilmac

SPECTRUM BUSINESS PARK

30 OFFICES & OFFICE WAREHOUSES

• Sizes: 145sqm – 488sqm

• Prices from: $705,000

• Rents: $160-$170 p/sqm

• Average Yield: 6%

• Developer: Shannon Properties

PARKVIEW

13 WAREHOUSE

• Sizes: 106sqm – 216sqm

• Prices from: $299,000

• Rents: $150 p/sqm

• Average Yield: 5.5%

• Developer: Pellicano Group

ROYAL BUSINESS PARK

10 WAREHOUSES + VACANT LAND

• Sizes: 200sqm – 275sqm

• Prices from: $545,000

• Rents: $150 p/sqm (estimated)

• Average Yield: 5.5% (estimated)

• Developer: Brico

MOMENTUM BUSINESS PARK

17 OFFICES & OFFICE WAREHOUSES

• Sizes: 107sqm

• Prices from: $397,000

• Rents: $165-$233 p/sqm

• Average Yield: 6%

• Developer: C & R Momentum

61 WESTMINSTER STREET, OAKLEIGH

7 FREE STANDING OFFICE WAREHOUSES

• Sizes: 266sqm – 665sqm

• Prices from: $685,000

• Rents: $150 p/sqm (estimated)

• Average Yield: 5.5%

• Developer: Brico

PRECISION BUSINESS PARK Precision Lane, Notting Hill

5

Brand new boutique Industrial Estate featuring a combination of eight office warehouses plus corporate HQ facility

PARKVIEW ESTATE Units 23-35 1 Kingston Road, Moorabbin

7

Premium office warehouse development in Moorabbin’s premium business park.

INDUSTRIA 1464 Ferntree Gully Road, Knoxfield

9

Brand new development featuring 88 architecturally designed office warehouses and a café restaurant varying in size from 82 sqm to 338 sqm.

ROYAL BUSINESS PARK Boutique warehouses from 200 sqm in gated business park environment

M-inc 105 Cochranes Road, Moorabbin

S O LD OUT

11 13

Architecturally designed office warehouses from 209 sqm – 858 sqm

Phoenix Business Park 143 Keys Road, Moorabbin

15

8 brand new office warehouses with immediate access to Warrigal Road

61 Westminster Street, Oakleigh One office warehouse with street frontage and freehold title.

19

61 WESTMINSTER STREET

ROYAL BUSINESS PARK

EASTERN FREEWAY MELBOURNE CBD

EASTLINK

St Kilda

M1 FR EEW AY

Mount Waverley Oakleigh

Brighton

M 1

Rowville FR EE W AY

Y WA GH HI

AY W EE FR

AN PE NE

ES C IN PR

Oakleigh Clayton Notting South Hill Moorabbin

Keysborough Dandenong South

PHOENIX BUSINESS PARK

MELBOURNES MELBOURNES BEST BEST SELECTION SELECTION OF OF BUSINESS BUSINESS PARKS PARKS

FOR FOR SALE SALE OR OR LEASE LEASE

OFFICES || WAREHOUSE WAREHOUSE || RETAIL RETAIL OFFICES

Precision Business Park is a brand new boutique industrial estate featuring a combination of eight smaller sized office warehouses and a larger office warehouse facility.

8 office warehouses Includes first floor mezzanine office Office areas are fully carpeted and air-conditioned throughout Clear span warehouse with internal clearance of 7m* Only 6 left start 2017 in your new building

Oakleigh 9567 8888

Dandenong South 8795 4888

PAGE 6 7 No.

OFFICE AREA

WAREHOUSE AREA

TOTAL AREA

RENTAL + GST

Sale + GST

1

2

46m

2

276m

322m

2

2

49m

2

277m

3

45m

2

4

49m

5

45m

6

49m

7

45m

8

46m

$55,000

SOLD

2

326m

$52,000

$880,200

2

2

277m

322m

2

277m

2

2 2

$52,000

$869,400

2

326m

$52,000

$880,200

2

$52,000

$872,100

2

278m

323m

2

278m

327m

2

279m 279m

2

2 2 2 2

$52,000

$882,900

2

324m

$52,000

$874,800

2

325m

$52,000

SOLD

Precision Lane, Notting Hill is accessed directly from Duerdin Street

For more information visit www.crabtrees.com.au/development Luke Pitcher 0417 055 578 luke@crabtrees.com.au

MELBOURNES BEST SELECTION OF BUSINESS PARKS

FOR SALE OR LEASE

OFFICES | WAREHOUSE | RETAIL

FOR SALE ONLY 3 LEFT MOORABBIN’S PREMIUM OFFICE/WAREHOUSE DEVELOPMENT PARKVIEW BUSINESS PARK UNITS 23-35/1 KINGSTON ROAD, MOORABBIN

T U O D L SO

• Unparalleled estate facilities

• Full amenities and kitchenette

• 3 Phase power

• Car parking included

• 3 remaining units of 153sqm • Provision for a fully air-conditioned mezzanine office area

Oakleigh 9567 8888

Dandenong South 8795 4888

8 UNITS 23-35 1 KINGSTON ROAD, MOORABBIN

Price List Stage 2 Unit No.

Cars

Size (sqm)

Price

28

3

153

SOLD

31

3

153

SOLD

32

3

153

SOLD

*All areas stated are approximate only. *Prices are excluding GST and subject to change.

SO

LD

SO

SO

SO

LD

LD

SO

SO

LD

LD

SO

SO

LD

LD

SO SO SO

LD LD

LD

SO SO SO

LD LD LD

SO SO

LD

LD

SO

LD

SO SO SO

LD

LD LD LD

www.crabtrees.com.au/14404 Rohan Bail 0411 650 185 rohan@crabtrees.com.au

Luke Pitcher 0417 055 578 luke@crabtrees.com.au

MELBOURNES BEST SELECTION OF BUSINESS PARKS

FOR SALE OR LEASE

OFFICES | WAREHOUSE | RETAIL

YOUR BUSINESS FUTURE IN

THE NEW HEART OF

KNOXFIELD INDUSTRIAKNOXFIE LD.COM . AU

STAGE 2B NOW SELLING FROM $251K

CONSTRUCTION HAS COMMENCED WANTIRNA SOUTH

FERNTREE GULLY

KNOX

N STUD RD

DANDENONG VALLEY PARKLANDS

FERNTREE GULLY STATION 10 MINS

BUR

WO O

D HW Y

This brand new development

KNOXFIELD

HIGH ST

E AS TLIN

RN

TR

EE

Y LL

RD

WATERFORD VALLEY GOLF COURSE

FERNTREE GULLY RD

M NOTTING HILL

ON

AS

45 MINS

TO MELBOURNE AIRPORT

parks on title and vary in size SHOPPING CENTRE

FR

EE

W AY

Oakleigh 9567 8888

a mix of flexible business, All premises will include car

CARIBBEAN GARDENS & MARKET

WHEELERS HILL

H

designed office warehouses

trade and storage spaces.

JELLS PARK

MELBOURNE CBD

will feature 88 architecturally and a café restaurant, providing

K

SPRINGVALE RD

FE

G

U

GLEN WAVERLEY

25 MINS

WELCOME TO INDUSTRIA

DANDENONG VALLEY PARKLANDS

25 MINS

TO MORNINGTON

WELLINGTON RD

from 82m2 to 338m2.

Dandenong South 8795 4888

10 1464 FERNTREE GULLY ROAD, KNOXFIELD Stage 1 & 2A Unit No.

Warehouse Area (m²)

Mezzanine Area (m²)

Total Area (m²)

Price List (exc GST)

88

221

57

278

$633,000

31

193

48

241

$555,000

34

193

48

241

$555,000

35

192

48

240

$528,000

80

146

146

$351,000

9

250

62

312

$775,000

10

250

62

312

$750,000

11

251

251

$549,000

80

146

146

$351,000

36

184

230

$528,000

37

162

162

$356,000

38

162

162

$356,000

39

184

46

230

$528,000

40

183

46

229

$503,000

76

101

101

$262,000

77

97

97

$251,000

78

97

97

$251,000

46

UNIT 40 UNIT 76 UNIT 77

UNIT 37

UNIT 38

UNIT 11 UNIT 39

UNIT 36

UNIT 10

UNIT 78 UNIT 9 UNIT SOLD 79

TOTAL AREA (m2)

8

250

62

312

9

250

62

312

10

250

62

312

48

241

167

34

193

48

241

35

192

48

240

36

184

46

230

37

162

162

38

162

162

167

39

184

46

230

40

183

46

229

76

101

77

97

97

78

97

97

80

146

88

221

SOLD UNIT 7

STAGE 2A

UNIT SOLD 82 UNIT SOLD 83 UNIT SOLD 84

UNIT 35 UNIT SOLD 26

UNIT 33

UNIT 32

UNIT 31

UNIT 6 SOLD

STAGE 2B

UNIT 27

UNIT 28

UNIT SOLD 30

SOLD UNIT 5

UNIT SOLD 29

UNIT 4 SOLD UNIT 3 SOLD

UNIT SOLD 85

UNIT 2 SOLD

UNIT SOLD 86

101

UNIT 22

SOLD

UNIT 23

SOLD

UNIT 24

SOLD

UNIT 25

SOLD

UNIT 88

278

SOLD

146 57

UNIT 1 SOLD

UNIT SOLD 87

FERNTREE GULLY ROAD

33

251

UNIT 34

SOLD

251 193

UNIT SOLD 81

SOLD

11 31

STAGE 1

UNIT 80

COMMON PROPERTY ROAD

MEZZANINE FLOOR (m2)

SOLD

GROUND FLOOR (m2)

SOLD

UNIT No.

UNIT 8 SOLD

UNIT 21

CAFE

N

COMMON PROPERTY ROAD

www.crabtrees.com.au/14314 Chris McKenzie 0418 321 065 chris@crabtrees.com.au

Luke Pitcher 0417 055 578 luke@crabtrees.com.au

MELBOURNES BEST SELECTION OF BUSINESS PARKS

FOR SALE OR LEASE

OFFICES | WAREHOUSE | RETAIL

Y OR E D T ACGRE F ST A L A RM S TE

BOUTIQUE WAREHOUSE FROM 200m2 Oakleigh’s Royal Business Park is a rare opportunity designed to accommodate a wide range of businesses that wish to buy and build their own premises or investors looking for something different.

CONSTRUCTION HAS COMMENCED

Royal Business Park is a most significant and exciting opportunity for industrial & commercial businesses seeking a strategic foothold in Melbourne’s inner South East. With a wide variety of sizes and combinations available, these unique warehouses provide an outstanding opportunity for investment and owner occupation.

Oakleigh 9567 8888

Dandenong South 8795 4888

12

Lot / Unit No.

Offered As

2

land

Total Unit Area m2

Lot Size m2

Sale Price

340

SOLD

3

land

342

SOLD

4

land

438

SOLD

5

Unit

264

445

SOLD

6

Unit

200

301

SOLD

7

Unit

200

311

SOLD

8

Unit

200

311

SOLD

9

Unit

200

311

SOLD

10

Unit

200

311

SOLD

11

Unit

275

563

TERMS AGREED

MASTER PLANS

LEGEND:

LANDSCAPING

LD SO

SO

PARKING/DRIVEWAY

SO

LD

ROAD

LD

BUILDINGS

LD SO

LD SO

LD SO

LD SO

LD SO

LD SO

A TER G M RE S ED

REGENT STREET

For more information visit www.crabtrees.com.au/development OR I878 E NTAT I ON Gavin Dumas 0411 423 gavin@crabtrees.com.au

N O. OF WA R E HOU S E S

10

NO. OF WAREHOUSE CARPARKS

34

O F D I SA BL E D CAR PAR KS 055 578 N O . O F VIS ITO R C LukeN O.Pitcher 0417 luke@crabtrees.com.au

2

15

MELBOURNES BEST SELECTION OF BUSINESS PARKS

FOR SALE OR LEASE

OFFICES | WAREHOUSE | RETAIL

BUY NOW & MOVE Q2 2017

ARCHITECTURALLY DESIGNED OFFICE WAREHOUSES FROM 209SQM – 858SQM YARRA YARRA GOLF CLUB SOUTH RD

COCHR ANES RD

D LR IGA RR WA

BUNNINGS

Oakleigh 9567 8888

FAIRC HILD RD

MOORABBIN’S PREMIER LOCATION WITH EASY ACCESS TO WARRIGAL ROAD, SOUTH ROAD AND NEPEAN HIGHWAY DESIGNED AND BUILT BY ELITE PROPERTY GROUP - 2015 WINNER OF MASTER BUILDER’S ASSOCIATION, EXCELLENCE IN CONSTRUCTION OF INDUSTRIAL BUILDINGS

Dandenong South 8795 4888

14 AREA SCHEDULE Building No.

Price List Sale Price

Area M

2

Ground Floor Warehouse

First Floor Office

Total Area

Sale Price (+GST)

3

288

50

338

SOLD

4

288

50

338

SOLD

7

288

-

288

SOLD

8

288

-

288

SOLD

9

288

-

288

SOLD

10

288

-

288

SOLD

11

288

-

288

$691,200

12

518

74

592

$1,243,200

Building No.

Ground Floor Warehouse

First Floor Office

Total Area

Rental

1

531

144

675

$108,000

2

354

144

488

$78,080

29

654

204

858

$137,280

FO

1LE R

AS

COCHRANES COCHRANESROAD ROAD

A 2R LE FO

FO

LE

A

R29

E D

D LD 9LD 10LD 11 3 LD 4OL S5OL 6OLD O 7LD 8 S S SO SO SO S

SO

SE

13

12 14 15

SE

16 28LD 27 SO

SO

LD

LD

26

SO26

LD

25

O S25

24 SO

LD

23 SO

LD

17 18 19 20

36

CAFÉ

35

34

33

MEZZANINE OFFICE

32

31

PARKING SPACE

21

30

22

LOADING BAY

All and sizes approximate. Particulars do not not constitute constitute any parties should should make All information information and sizes are are approximate.

Particulars herein herein are are for for information information only only and and do any representation representation by by the the owner owner or or agent. agent. Interested Interested parties make their their own own enquiries. to receive receive further information please enquiries. IfIf you you do do not not wish wish to further information please contact contact our our privacy privacy officer. officer.

For more information visit www.crabtrees.com.au/development Chris McKenzie 0418 321 065 chris@crabtrees.com.au

Luke Pitcher 0417 055 578 luke@crabtrees.com.au

MELBOURNES BEST SELECTION OF BUSINESS PARKS

FOR SALE OR LEASE

OFFICES | WAREHOUSE | RETAIL

PHOENIX BUSINESS PARK Moorabbin’s newest boutique Business HUB!

NOW COMPLETE - SELLING FAST!

Phoenix Business Park, located at 143 Keys Road, Moorabbin contains 8 brand new office warehouses with immediate access to Warrigal Road and moments to the new South Road extension / Dingley Bypass. With buying and leasing opportunities, Phoenix is sure to cater to a variety of business, owner occupier and investor needs.

FEATURES • Sizes from 163sqm - 297sqm

• Car parking on title

• Ideal owner occupier or investment opportunity

• Now complete & available for immediate occupancy

Oakleigh 9567 8888

Dandenong South 8795 4888

16 Unit Number

Ground Floor Office

First Floor Office

Warehouse

Total Area

Car Parks

Rental (exc. GST)

Price (exc. GST)

1

75m²

78m²

144m²

297m²

7

$58,000

SOLD

2

75m²

78m²

144m²

297m²

6

$58,000

SOLD

164m²

164m²

3

UNDER OFFER

UNDER OFFER

3 4

164m²

164m²

3

UNDER OFFER

$484,500

5

164m²

164m²

3

SOLD

SOLD

6

164m²

164m²

3

FOR SALE

$484,500

7

201m²

201m²

4

UNDER OFFER

$554,400

8

204m²

204m²

4

SOLD

SOLD

SO

LD UN

U

E ND

R

O

FF

ER SO

LD U

D

ER

E ND

R

O

O

FF

FF

ER SO

ER SO

LD

LD

www.crabtrees.com.au/14759 Luke Pitcher 0417 055 578 luke@crabtrees.com.au

MELBOURNES BEST SELECTION OF BUSINESS PARKS

FOR SALE OR LEASE

OFFICES | WAREHOUSE | RETAIL

61 Westminster Street

OAKLE IGH O f f i c e Wa r e h o u s e s

FINAL FREE STANDING BUILDING REMAINING BUY NOW & OCCUPY Q3 2017

Oakleigh 9567 8888

Dandenong South 8795 4888

20 61 WESTMINSTER STREET, OAKLEIGH Street No.

Office m2

Warehouse m2

Total Area m2

Lot Size m2

On-site Car Park

Sale Price

71 (14)

55

394

449

730

9

$1,200,000

LOT PLAN

LD SO

LD SO LD SO For more information visit www.crabtrees.com.au/development Gavin Dumas 0411 878 423 gavin@crabtrees.com.au

Luke Pitcher 0417 055 578 luke@crabtrees.com.au

Oakleigh 9567 8888 Dandenong South 8795 4888 www.crabtrees.com.au

P R O J E C T

M A R K E T I N G

All areas, prices and information contained in this publication are subject to change and the information provided herein is a guide only and doesn’t represent a contract in any form.