1100 Pascoe Vale Rd 33,368 SF 100% Leased Office Building Broadmeadows, VIC 3047 $13,688,550 ($410.23/SF) 7.27% Cap Rate

This rare commercial investment opportunity is strategically positioned in one of Melbourne’s most connected and amenity-rich locations. Situated on a substantial 3,100 m² landholding with an expansive 105-meter frontage along Pascoe Vale Road, the property offers unmatched exposure and accessibility.
Directly adjoining Broadmeadows Train Station, the site provides seamless connectivity to Melbourne’s CBD, just 23 km away, and Tullamarine Airport, only 10 km from the property. The surrounding precinct is anchored by major retail and lifestyle destinations, including Broadmeadows Central Shopping Centre with Woolworths, Aldi, Kmart, and Hoyts Cinemas, as well as the Broadmeadows Homemaker Centre featuring Harvey Norman and Bunnings.
The property is fully leased to a strong tenant mix, including government agencies and multinational corporations, delivering a passing net income of approximately $1,381,459 per annum plus GST, with a fully leased potential of $1,470,520 per annum plus GST. Features include food-grade retail space, gas supply, high-exposure shopfronts, and modern heating and cooling systems.
With its prime location, secure income stream, and proximity to major transport, retail, and education hubs, this asset represents a compelling opportunity for investors seeking long-term stability and growth in a high-demand metropolitan market.