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1-12 Buys Ct 1,711 SF Industrial Condo Unit Offered at $466,323 in Derrimut, VIC 3026



Investment Highlights
- Located in Enterprise Business Park with immediate freeway access for efficient logistics.
- Electric roller door for streamlined loading and unloading operations.
- Two on-site car spaces and modern infrastructure support operational needs.
- Includes a mezzanine level offering additional storage or office space flexibility.
- Ground floor amenities include an en-suite with shower for added convenience.
- Currently leased on a 3+3 term, delivering approximately $31,000 annual income.
Executive Summary
The property at 39 Star Circuit, Derrimut, VIC 3026 is a warehouse/industrial facility situated within Enterprise Business Park. It has a floor area of approximately 159 m² and includes a mezzanine level. The site provides two on-site parking spaces and is located less than one minute from freeway access. The property is currently tenanted under a 3+3 lease term.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 4.77% |
| Sale Type | Investment |
| Cap Rate | 4.77% |
| No. Parking Spaces | 2 |
Description
This warehouse facility is located within the Enterprise Business Park in Derrimut, offering a functional and modern industrial space. The property comprises a total floor area of approximately 159 m², including a 48.5 m² mezzanine level that provides additional flexibility for storage or office use.
The building is equipped with an electric roller door for efficient loading and unloading, and includes ground floor amenities with an en-suite and shower. Two on-site car spaces are available for convenience.
Positioned less than one minute from major freeway access, the property ensures excellent connectivity to Melbourne’s key transport routes. The site benefits from modern infrastructure and is currently leased on a 3+3 term, generating approximately $31,000 per annum.
The building is equipped with an electric roller door for efficient loading and unloading, and includes ground floor amenities with an en-suite and shower. Two on-site car spaces are available for convenience.
Positioned less than one minute from major freeway access, the property ensures excellent connectivity to Melbourne’s key transport routes. The site benefits from modern infrastructure and is currently leased on a 3+3 term, generating approximately $31,000 per annum.
Sale Notes
Positioned within the newly developed Enterprise Business Park, this modern warehouse offers a compelling investment opportunity in Derrimut’s thriving industrial precinct. The property is currently leased on a 3+3 term, generating approximately $31,000 per annum, making it an attractive option for investors seeking secure income.
The facility features a functional layout with a total floor area of approximately 159 m², complemented by a 48.5 m² mezzanine level that provides additional storage or office flexibility. An electric roller door ensures efficient loading and unloading, while the inclusion of an en-suite with shower enhances on-site convenience.
Strategically located less than a minute from major freeway access, the property offers seamless connectivity to Melbourne’s key transport routes, supporting both local and interstate distribution. Modern infrastructure and two on-site car spaces further enhance operational efficiency. This asset combines strong locational advantages with practical design, appealing to businesses and investors alike.
The facility features a functional layout with a total floor area of approximately 159 m², complemented by a 48.5 m² mezzanine level that provides additional storage or office flexibility. An electric roller door ensures efficient loading and unloading, while the inclusion of an en-suite with shower enhances on-site convenience.
Strategically located less than a minute from major freeway access, the property offers seamless connectivity to Melbourne’s key transport routes, supporting both local and interstate distribution. Modern infrastructure and two on-site car spaces further enhance operational efficiency. This asset combines strong locational advantages with practical design, appealing to businesses and investors alike.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 39 | 1,711 SF | Industrial | $466,323 ($272.54/SF) | $22,240.02 |
Unit 39
| Unit Size |
| 1,711 SF |
| Condo Use |
| Industrial |
| Price |
| $466,323 ($272.54/SF) |
| NOI |
| $22,240.02 |
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Unit 39
| Unit Size | 1,711 SF |
| Condo Use | Industrial |
| Price | $466,323 ($272.54/SF) |
| NOI | $22,240.02 |
| Sale Type | Investment |
| Cap Rate | 4.77% |
| No. Parking Spaces | 2 |
| Description | |
| This warehouse facility is located within the Enterprise Business Park in Derrimut, offering a functional and modern industrial space. The property comprises a total floor area of approximately 159 m², including a 48.5 m² mezzanine level that provides additional flexibility for storage or office use.<br> <br> The building is equipped with an electric roller door for efficient loading and unloading, and includes ground floor amenities with an en-suite and shower. Two on-site car spaces are available for convenience.<br> <br> Positioned less than one minute from major freeway access, the property ensures excellent connectivity to Melbourne’s key transport routes. The site benefits from modern infrastructure and is currently leased on a 3+3 term, generating approximately $31,000 per annum.</li></ul> | |
| Sale Notes | |
| Positioned within the newly developed Enterprise Business Park, this modern warehouse offers a compelling investment opportunity in Derrimut’s thriving industrial precinct. The property is currently leased on a 3+3 term, generating approximately $31,000 per annum, making it an attractive option for investors seeking secure income.<br> <br> The facility features a functional layout with a total floor area of approximately 159 m², complemented by a 48.5 m² mezzanine level that provides additional storage or office flexibility. An electric roller door ensures efficient loading and unloading, while the inclusion of an en-suite with shower enhances on-site convenience.<br> <br> Strategically located less than a minute from major freeway access, the property offers seamless connectivity to Melbourne’s key transport routes, supporting both local and interstate distribution. Modern infrastructure and two on-site car spaces further enhance operational efficiency. This asset combines strong locational advantages with practical design, appealing to businesses and investors alike.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 13,584 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 13,584 SF |
| Property Subtype | Warehouse | Lot Size | 4.80 AC |
| Building Class | B |
| Total Building Size | 13,584 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 13,584 SF |
| Lot Size | 4.80 AC |
Amenities
- Mezzanine
- Automatic Blinds
1 1
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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1-12 Buys Ct
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