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1060 Thompsons Rd 3,595 SF Retail Condo Unit Offered at $1,447,400 in Cranbourne West, VIC 3977
Investment Highlights
- Situated within Cranbourne West’s high-growth corridor, approx. 40 km southeast of Melbourne CBD.
- Located in a key logistics and industrial gateway with excellent freight connectivity.
- Broad frontage and site dimensions favorable for showroom, service, logistics, or mixed-use development.
- Strategic access to major arterials including Thompsons Road, Western Port Highway, and South Gippsland Highway.
- Surrounded by significant residential development and future planned community infrastructure.
- Infrastructure-rich location with expanding retail and lifestyle amenities in close proximity.
Executive Summary
1060 Thompsons Road is located within the expanding Cranbourne West growth corridor, a key hub in Melbourne’s southeast experiencing rapid development in residential, retail, and industrial sectors. The property sits within the City of Casey, one of Victoria’s fastest-growing municipalities, benefiting from major infrastructure investments and strong population growth projections. This strategic location provides connectivity to critical transport routes, including the Western Port Highway, South Gippsland Highway, and Thompsons Road arterial, ensuring seamless links to Melbourne CBD (approx. 40 km), Dandenong South industrial precinct, and the Port of Melbourne. Planned infrastructure upgrades and proximity to key logistics corridors enhance the area’s long-term appeal for both occupiers and developers. Cranbourne West offers access to an expanding workforce pool and excellent supporting amenity, including retail centers, schools, medical services, and recreation facilities. With favorable zoning controls enabling mixed-use and commercial outcomes alongside extensive residential development nearby, the site’s positioning aligns strongly with progressive planning strategies for Melbourne’s southeast growth region.
1 Unit Available
Unit 12
| Unit Size | 3,595 SF | Sale Type | Investment |
| Price | $1,447,400 | Cap Rate | 6.28% |
| Price Per SF | $402.61 | NOI | $90,942.75 |
| Condo Use | Retail |
| Unit Size | 3,595 SF |
| Price | $1,447,400 |
| Price Per SF | $402.61 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.28% |
| NOI | $90,942.75 |
Description
Unit 12 represents a rare opportunity to secure a high-profile retail investment within a thriving mixed-use precinct in Melbourne’s rapidly expanding southeast growth corridor. The property comprises 334 sqm of premium ground-floor retail space*, positioned prominently on the corner of Thompsons Road and Evans Road, ensuring exceptional visibility and exposure to strong vehicular and pedestrian traffic.
The premises is currently leased to Body Fit Training (BFT), one of Australia’s most recognized and rapidly expanding fitness franchises with a robust national footprint. Internally, the suite is fitted to modern specifications suitable for high-traffic, health, and lifestyle users, supported by ample shared parking and excellent site accessibility. With proximity to major arterials including Western Port Highway and South Gippsland Highway, the property is integrated into a high-performing retail and services hub complemented by residential density and strong surrounding amenity.
Sale Notes
Facey Property is proud to present Unit 12, 1060 Thompsons Road, Cranbourne West—a secure, income-producing retail investment offering an ideal blend of immediate returns and long-term flexibility for future occupation or re-leasing. Currently occupied by Body Fit Training, this opportunity delivers stable cashflow through a lease structure designed for growth, making it an attractive acquisition for investors seeking performance in one of Melbourne’s most dynamic corridors.
The asset provides current net income of $125,663.60 per annum (plus GST and outgoings), underpinned by a nationally recognized tenant operating on an initial five-year term expiring 31 January 2028, with two further five-year options. Rental upside is embedded through fixed 3% annual increases and market reviews at each option period, ensuring long-term value security.
Positioned within a high-exposure, mixed-use estate, this property benefits from strong local amenity, rapidly growing residential catchments, and easy connectivity to major arterials. Further enhancing its appeal is minimal land tax applicability, making this a low-holding-cost investment with remarkable return potential.
+2 More
Reception
Expansive Open Plan Space with Exposed Ceilings
Expansive Open Plan Space with Exposed Ceilings
Expansive Open Plan Space with Exposed Ceilings
Expansive Open Plan Space with Exposed Ceilings
Expansive Open Plan Space with Exposed Ceilings
Private Amenities
Property Facts
| Total Building Size | 39,557 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 23,272 SF |
| Property Subtype | Health Club | Lot Size | 1.79 AC |
| Building Class | B |
| Total Building Size | 39,557 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Health Club |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 23,272 SF |
| Lot Size | 1.79 AC |
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Presented by
1060 Thompsons Rd
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