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Investment Highlights

  • Bright, north-facing office with modern, professional fit-out
  • Natural Light
  • Climate-controlled heating and cooling

Executive Summary

Parkview Estate is a highly regarded business precinct situated in Melbourne’s Bayside region, approximately 20 km from the city centre. This location benefits from strong connectivity to Nepean Highway and major freeways. Surrounding amenities include high-profile brands such as Bunnings, Repco, Vicroads, Shell Coles Express, and multiple hospitality operators, reinforcing the precinct’s appeal for tenants and investors alike.

1 Unit Available

Unit 108

Unit Size 753 SF
Price $324,941
Price Per SF $431.53
Condo Use Office
Sale Type Investment
Cap Rate 6.20%
NOI $20,146.36
No. Parking Spaces 2
APN/Parcel ID PS738845
Description

Secure this outstanding office investment located in the established Parkview Estate in Melbourne’s Bayside corridor. Delivering a strong 6.2% yield and occupied by a long-standing tenant, this property offers investors a robust income stream underpinned by quality improvements in a premium, modern building.

Sale Notes

Secure this outstanding office investment located in the established Parkview Estate in Melbourne’s Bayside corridor. Delivering a strong 6.2% yield and occupied by a long-standing tenant, this property offers investors a robust income stream underpinned by quality improvements in a premium, modern building. The professionally fitted office space spans approximately 70 m² and enjoys a bright, north-facing orientation with abundant natural light. Features include a climate-controlled environment ensuring year-round comfort, a well-appointed kitchenette, and shared bathroom facilities adding convenience for the occupier. Further enhancing the property’s appeal are two dedicated car spaces, secure 24/7 access, and high-speed fibre-optic internet connectivity ideal for modern business operations. Positioned in a first-class commercial estate only 20 km from Melbourne CBD, this site offers seamless links to major arterials and freeway networks. Available now for savvy investors seeking a low-maintenance commercial asset with stable rental income potential.

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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 40,817 SF
Property Type Office (Condo)
Building Class B
Floors 3
Typical Floor Size 13,606 SF
Year Built 2016
Lot Size 1.42 AC

Amenities

  • 24 Hour Access
  • Kitchen
  • Common Parts WC Facilities
  • Direct Elevator Exposure
  • Natural Light
  • Shower Facilities
  • Wi-Fi
  • Air Conditioning
  • Fiber Optic Internet
  • Listing ID: 40413343

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 12 Corporate Drive, Heatherton, VIC 3202

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