POINT OF INTEREST
Leased to an industry stalwart and set in Bayswater’s tightly held industrial core, 11 Holloway Drive is the kind of freehold that works as hard as its tenants. No Owners Corp, high-spec finishes and a future-proofed lease makes this a sharp, set-and-forget investment.
• Leased to Brice Australia.
• $140,000 per annum in leasing income plus outgoings incl. land tax.
• 3-year lease commenced 1st July 2025.
• One further 3-year term with a 6-month bond.
• 1,143 sqm* total freehold building area.
• 1,500 sqm* total land area.
• Industrial 1 zoning.
• 11 on-site car spaces, 8 are undercroft.
• High clearance warehouse with glass partitioned office.
• Two-level office and showroom.
• 6.2 km* to the Eastlink and Burwood Highway intersection.
• 1.1 km* to Boronia Railway Station and Boronia Junction.
• 1.5 km* to Mountain Highway.
• 3.6 km* to Ferntree Gully Road.
STAN DAWIDOWSKI
0400 448 755 stan.dawidowski@cva.melbourne
“ When your tenant’s outlasted trends, recessions, and rivals, you know you’re buying into something solid. Trade in the Owner’s Corp for a future-proofed investment.”
It’s old school work ethic meets new school adaptability. The diligence that Stan brings to your property transaction is one that cannot be taught — only developed over time. He’s a specialist in project work, off-theplan sales and the current status of the market.
It’s his willingness to share this professional advice with you that has Stan’s customers transitioning to clients before final contracts are signed.
JARROD MORAN
0413 251 621 jarrod.moran@cva.melbourne
“ In a district built on grit and reliability, this isn’t just square metres — it’s a stake in Melbourne’s industrial engine room.”
The key word you’re looking for is knowledge. It’s Jarrod’s established market understanding, extensive business experience and strong work ethic defined by motivation and dedication, that makes him a seasoned asset not just to CVA but to your day to day. And it’s this energy that amplifies opportunity — in Melbourne, in the market and in the minds of his clients.
PROPERTY & TENANT DETAILS
When your tenant has been in business longer than most super funds, you know your investment is in good hands. Positioned in one of Bayswater’s most tightly held industrial pockets, 11 Holloway Drive offers a rare opportunity to secure a premiumgrade freehold investment, underpinned by a nationally established tenant and future rental upside.
Set on a 1,500 sqm* Industrial 1 Zoned parcel, the building spans 1,143 sqm* and comprises a versatile two-level office/showroom and high-clearance warehouse. The space is thoughtfully designed with a combination of glass-partitioned offices and open-plan zones, all climate-controlled.
With no Owners Corporation and 11 onsite car parks (including 8 undercroft), the property is happily leased to Brice Australia – a trusted name in commercial kitchen equipment with over 80 years of trading history. The 3-year lease commenced 1st July 2025 and will return $140,000 per annum
plus outgoings (including land tax). With a further 3-year option and a 6-month bond in place, this is an ideal set-and-forget asset for investors seeking reliability and long-term appeal.
BRICE AUSTRALIA
Combining European precision with Australian practicality, Brice Australia has been equipping commercial kitchens with world-class food preparation equipment for over 80 years. Proudly family-owned and operated, the company partners with Europe’s leading manufacturers to deliver cutting-edge slicers, mixers and commercial kitchen solutions tailored to the needs of Australia’s foodservice industry. Backed by expert service and a commitment to quality, Brice ensures chefs, restaurateurs and butchers alike can prepare with confidence — and perform with excellence.
CURRENT RENTAL $140,000 per annum plus outgoings and including land tax.
LEASE TERMS 3-year lease with one further term of 3 years.
LEASE COMMENCEMENT 1st July 2025.
BOND 6-month bond.
PROPERTY PARTICULARS
Outgoings Payable: By Tenant as per lease including land tax.
Building Insurance: $4,353.23 p.a approx (2025)
OUTGOINGS
Council Rates: $11,730.95 p.a approx (2025)
Water Rates: $1,424.80 p.a approx. (2025)
Land Tax:$9,060.00 p.a approx. (2025)
ZONING Industrial 1 zoning.
1,143 sqm* total building area.
SITE DETAILS
TITLE PARTICULARS
PLANNING OVERLAYS
SBO - Special Building Overlay
Lot 51 on Plan of Subdivision 094796. Volume 09039 Folio 752
MUNICIPALITY Knox City Council
1,500 sqm* total land area.
LOCATION
ALL SIGNS POINT TO: HOLLOWAY DRIVE
Tucked in one of the east’s most established industrial pockets, Holloway Drive isn’t just well-connected, it’s well-regarded. Surrounded by national operators, trade suppliers, and logistics hubs, this is a precinct built on reliability, reputation and repeat business.
WHERE TRADES MEET TRACTION
Positioned moments from Dorset and Canterbury Roads and, with the Eastlink just down the road, the address offers fast access across Melbourne’s east and beyond. Whether you’re servicing local suppliers or moving stock statewide, Holloway Drive gives your tenant the edge.
EASTERN STRONGHOLD
From light manufacturing to national distribution, Bayswater’s industrial profile attracts everyone from niche trades to household names. It’s a proven performer with longstanding appeal, and zoning that’s built to back it.
WELL-RESOURCED, WELL-CONNECTED
With three train stations nearby (Bayswater, Boronia, and Heathmont), plus worker amenities like Hard Road Brewing, Cafe Orexi, and The Melbourne Deli, there’s a reason why tenants stay put and stay content in Bayswater.
ROOM TO GROW
Surrounded by equally high-performing suburbs like Kilsyth, Wantirna and Scoresby, the broader Bayswater catchment continues to attract expanding SMEs and secondgeneration family operators who value space, serviceability and long-term upside.
AND THE POINT?
With logistics, light manufacturing and local legends all in the mix, this is a precinct that backs itself (and its buyers) all the way to the bank.
Long known for its solid industrial roots, Bayswater has quietly evolved into a suburb that balances business efficiency with residential appeal. Its wide streets, established infrastructure, and strategic location have made it a magnet for both long-standing enterprises and growing families seeking stability and space.
Bayswater’s industrial precincts are a hive of activity, housing a diverse mix of businesses from light manufacturing to logistics and trade services. The area’s accessibility — thanks to major arterials like the Eastlink, Dorset Road and Canterbury Road — ensures seamless connectivity for freight and commuters alike. This blend of industrial gravitas and suburban convenience makes Bayswater a unique proposition for investors and residents.
With a population of approximately 12,262 and a median age of 38, Bayswater is home to a balanced mix of young professionals, established families, and skilled tradespeople. The suburb’s median household income aligns with the Melbourne metropolitan average, reflecting a community that’s both hardworking and aspirational.
Commercial properties in Bayswater are tightly held, with demand consistently outstripping supply. Recent developments, such as the premium flexible units at 493 Mountain Highway set for completion in July 2025, indicate a strong appetite for quality industrial spaces. This scarcity, combined with the suburb’s enduring appeal, positions Bayswater as a prime location for longterm investment.
SALES PROCESS
PRIVATE SALE BY CLOSING DATE
THURSDAY 21ST AUGUST 2025 AT 2PM
At CVA, we provide prospective purchasers full transparency, fairness, and respect during the Private Sale process.
To make our point, we’ve defined and outlined the process below so you’re across it prior to submitting an offer.
1. SUBMITTING OFFERS:
Offers are due no later than the date and time advertised for the Private Sale campaign. They must be submitted through this form with every section completed, signed and emailed to the relevant contact persons by campaign closure. Any offers submitted after this time will be deemed as non-compliant.
Our point of view: we strongly encourage all interested parties to submit their best offer, as the vendor reserves the right to accept an initial offer or to deal exclusively with certain offers in a second round.
We recommend all interested parties submit their best offer, as the vendor reserves the right to accept an initial offer or to deal exclusively with certain offers in a second round. If you can do so, we strongly encourage submitting an offer signed on a Contract of Sale as this may influence the vendors feedback and/or decision.
2. REVIEW PROCESS:
All offers will be compiled and presented to the vendor for their consideration after the closing of the Private Sale campaign.
Upon feedback, we will contact all parties promptly to communicate the vendors instructions relating to their offer.
In the event of a second round, we will request all offers to be provided on a contract of sale with a deposit payable to the CVA Trust account, for the vendor’s consideration.
Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquires with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report.