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2 Cobham St 2,884 SF Industrial Condo Unit Offered at $622,934 in Reservoir, VIC 3073
Investment Highlights
- Office/warehouses in the high-tech Neue Space Business Park.
- Secure gated access and remote-controlled roller door.
- On-title car spaces plus 38 visitor car parks within the complex.
- Located 12 km from Melbourne CBD with excellent transport connectivity.
Executive Summary
Building 1, 2 Cobham Street, Reservoir, Victoria, comprises office/warehouse units within the Neue Space Business Park. The property features high clearance, remote-controlled roller door access, and three on-title car spaces, with additional visitor parking available. Zoned Industrial 3, the property is located approximately 12 km from Melbourne CBD and offers secure gated access.
Property Facts
| Total Building Size | 35,973 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 2,885 SF |
| Property Subtype | Warehouse | Lot Size | 2.03 AC |
| Building Class | B |
| Total Building Size | 35,973 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,885 SF |
| Lot Size | 2.03 AC |
Amenities
- Automatic Blinds
- Storage Space
- Air Conditioning
1 Unit Available
Unit 39
| Unit Size | 2,884 SF | Condo Use | Industrial |
| Price | $622,934 | Sale Type | Investment |
| Price Per SF | $216.00 | No. Parking Spaces | 3 |
| Unit Size | 2,884 SF |
| Price | $622,934 |
| Price Per SF | $216.00 |
| Condo Use | Industrial |
| Sale Type | Investment |
| No. Parking Spaces | 3 |
Description
The property at 39/2 Cobham Street, Reservoir, Victoria, is a 268 m² office/warehouse within the Neue Space Business Park. It includes a 50 m² office area, 218 m² warehouse space, kitchenette, and unisex/disabled bathroom. The property features high clearance, remote-controlled roller door access, and three on-title car spaces, with additional visitor parking available. Zoned Industrial 3, the property is located approximately 12 km from Melbourne CBD and offers secure gated access. It is leased for two years from March 2025 at $42,000 per annum plus outgoings and GST, with a fixed 3% rental increase in the second year.
Sale Notes
39/2 Cobham Street offers a premium leased investment opportunity within the architecturally designed Neue Space Business Park in Reservoir. This high-quality office/warehouse spans approximately 268 m² and includes three on-title car spaces, making it an attractive proposition for investors seeking a secure income stream in a modern industrial setting.
The property features a 50 m² office area and a 218 m² high-clearance warehouse with remote-controlled roller door access. Additional amenities include a kitchenette, unisex/disabled bathroom, and access to 38 visitor car parks within the complex. The business park is secured with gated entry and is strategically located just 12 km from Melbourne CBD, offering excellent connectivity to major arterials.
The property is leased for two years commencing 17 March 2025 at an annual rental of $42,000 plus outgoings and GST, with a fixed 3% rental increase on 17 March 2026. This provides a stable and predictable return for investors in a tightly held industrial precinct.
Warehouse space
Warehouse space
Office space
Office space
Presented by
2 Cobham St
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