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Commercial Magazine - September 2026

Page 1

September 2026


Front Cover: Pinterest Inside Cover: Clyde Road, Berwick


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THE COST OF AN EMPTY INVESTMENT

NEW LISTINGS FOR SALE AND RENT

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RECENTLY LEASED & SOLD

BERWICK STORAGE UNIT FACILITY

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THE COST OF AN EMPTY INVESTMENT When a commercial property becomes vacant, the natural instinct is to hold out for the highest possible rent. But sometimes, waiting for an extra few dollars can end up costing far more than it earns. Consider this: a landlord rejects a quality tenant offering $100,000 per annum and holds out for $120,000. Sounds reasonable, until the property sits empty for 12 months. The landlord has lost $100,000 in rent, while rates, insurance, maintenance and other costs keep coming. Even after securing the higher rent, it could take years to recover the income lost by waiting. This is why the highest rent is not always the best deal. A quality tenant paying fair market rent can provide immediate income, certainty and a stronger investment. In some cases, accepting a slightly lower rent, offering an incentive or securing a longer lease can produce a far better overall outcome than chasing the headline figure. Of course, landlords should not simply accept the first offer that comes along. Tenant quality and the terms of the lease matter enormously. But every leasing decision should include one important question: ‘What is the cost of saying no?’ In commercial property, an empty building can be far more expensive than a slightly lower rent. Sometimes the best deal is not the tenant offering the most... It is the right tenant offering the right terms at the right time.

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2/113-117 MAIN STREET PAKENHAM

FOR RENT

HIGHLY EXPOSED RETAIL SITE

$67,500 + GST and outgoings

Floor Area 150m²

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Flynn McKenna 0499 999 162 Shannon Hynd 0499 980 100


SO LD 9-13 PATERNOSTER LANE BERWICK

FOR SALE

CHARMING TUDOR LANDMARK WITH DEVELOPMENT UPSIDE

Offers over $2,000,000

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Shannon Hynd 0499 980 100 Flynn McKenna 0499 999 162


4/5-7 VESPER DRIVE NARRE WARREN

FOR SALE

A FACTORY OPPORTUNITY THAT PACKS A PUNCH

$900,000 $990,000 excluding GST

Floor Area 329m²

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Flynn McKenna 0499 999 162 Shannon Hynd 0499 980 100


4/29 SHARNET CIRCUIT PAKENHAM INDUSTRIAL OPPORTUNITY WITH VACANT POSSESSION WITH 4 CARPARKS

FOR SALE $495,000 $525,000 excluding GST

Floor Area 183m²

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Shannon Hynd 0499 980 100 Flynn McKenna 0499 999 162


314B-326 THOMAS STREET DANDENONG

FOR RENT

VERSATILE 870M² OFFICE SPACE IN A HIGH-EXPOSURE LOCATION Floor Area 870m²

$200,000 PA plus GST and outgoings

4/87 WOODS STREET BEACONSFIELD

FOR SALE

SECURE YOUR SPOT ON PRINCES HIGHWAY

$550,000

Shannon Hynd 0499 980 100 Flynn McKenna 0499 999 162

Flynn McKenna 0499 999 162

Floor Area 121m² | 7 car spaces

9B/28-32 GLOUCESTER AVENUE BERWICK

FOR RENT

GREAT STARTER CONSULTING SUITE

Contact Agent

Shannon Hynd 0499 980 100 Flynn McKenna 0499 999 162

Floor Area 11m² 9


2856 PRINCES HWY PAKENHAM

FOR SALE

HIGHLY EXPOSED GARFIELD INVESTMENT

$750,000 $825,000

Land Area 3,235m² Floor Area 595m²

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Shannon Hynd 0499 980 100 Todd McKenna 0418 391 182


1/40-42 CLYDE ROAD, BERWICK

FOR RENT

UNIQUE MEDICAL LEASING OPPORTUNITY

$95,000 + GST and outgoings

Floor Area 170m²

34 COLUMBIA ROAD, NARRE WARREN

FOR RENT

THIS IS AN EXCEPTIONAL CORNER LOCATION WITH EXPOSURE

$20,500 PA plus GST & Outgoings

Land Size 100m² | 5 Car Spaces

2/120 MCDONALDS TRACK, LANG LANG , RURAL INVESTMENT OPPORTUNITY!

FOR SALE $470,000 excl. GST

Floor Area 301m²

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Flynn McKenna 0499 999 162 Shannon Hynd 0499 980 100

Flynn McKenna 0499 999 162 Shannon Hynd 0499 980 100

Flynn McKenna 0499 999 162


471 PRINCES HIGHWAY NARRE WARREN

FOR SALE

FUR SURE – YOU WANT TO LOOK AT THIS ONE!

$1,200,000 excluding GST

Floor Area 120m²

112 MAIN STREET PAKENHAM

FOR SALE

WHAT A SWEET PROPERTY

$500,000 $550,000

Floor Area 50m²

18 MAIN STREET PAKENHAM

FOR LEASE

QUALITY OFFICE SPACE AVAILABLE IN PAKENHAM - 6 SUITES AVAILABLE

Contact Agent

Shannon Hynd 0499 980 100 Todd McKenna 0418 391 182

Todd McKenna 0418 391 182 Shannon Hynd 0499 980 100

Shannon Hynd 0499 980 100 Flynn McKenna 0499 999 162

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25 MAIN STREET PAKENHAM

FOR LEASE

HOW ABOUT SOMETHING BRAND NEW? 30 CARPARKS AND PLENTY OF SPACE

$30,000 PA + GST and outgoings

Floor Area 90m²

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Flynn McKenna 0499 999 162 Shannon Hynd 0499 980 100


RECENTLY SOLD

6 EMBREY COURT

PAKENHAM

EXCEPTIONAL INDUSTRIAL INVESTMENT - SECURE LEASE AND PRIME COURT LOCATION

SOLD $1,200,000

Shannon Hynd 0499 980 100 Todd McKenna 0418 391 182

Floor Area 670m² | Land Size 1,500sqm

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RECENTLY SOLD

154 PRINCES HWY

PAKENHAM

SECURE YOUR SPOT ON PRINCES HIGHWAY

SOLD $830,000

Shannon Hynd 0499 980 100 Matt Clark 0417 411 883

Floor Area 200m² | Land Area 586m²

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RECENTLY LEASED

30B CLYDE ROAD

BERWICK

CLYDE ROAD MEDICAL LEASING OPPORTUNITY

LEASED Contact Agent

Shannon Hynd 0499 980 100 Flynn McKenna 0499 999 162

Floor Area 130m² | 6 car spaces

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NARRE WARREN

BERWICK

PAKENHAM


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Commercial Magazine - September 2026 by First National Neilson Partners - Issuu