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2 Fastline Rd 2,066 SF Industrial Condo Unit Offered at $517,185 in Truganina, VIC 3029



Investment Highlights
- High-clearance warehouse paired with a fully fitted two-level office space.
- Modern office areas featuring heating, cooling, kitchenette, and staff amenities.
- Situated in a high-demand industrial hub close to the Port of Melbourne and Melbourne Airport.
- Secure gated entry with eight on-site parking spaces and electric roller door.
- Excellent connectivity through Western Ring Road, Princes Freeway, and West Gate Freeway.
- Flexible layout supporting diverse industrial and logistics operations.
Executive Summary
The property at 2 Fastline Road, Truganina, VIC 3029 is an industrial facility within an established logistics area in Melbourne’s western suburbs. It includes a warehouse with an associated office and security features such as fencing and electric gates. Access to major transportation corridors, including Western Ring Road, Princes Freeway, and West Gate Freeway, supports metropolitan and regional distribution. Surrounding land uses consist of transport, logistics, and light manufacturing industries.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 3.45% |
| Sale Type | Investment |
| Cap Rate | 3.45% |
Description
The 192 m² warehouse at 21/2 Fastline Road, Truganina, includes a 48 m² mezzanine level, offering flexibility for additional storage or office use. Currently configured as a commercial kitchen, the property comes equipped with specialized infrastructure, and the existing equipment can be negotiated as part of the deal. Positioned in the heart of Truganina’s high-demand industrial precinct, the site provides outstanding connectivity to major arterials, including the Western Ring Road, Princes Freeway, and West Gate Freeway. The surrounding area is home to a range of prominent national occupiers such as NQR Head Office, M3 Logistics, and CEVA Logistics, reinforcing the strategic appeal of this location. The property is currently leased, presenting immediate income potential for investors, while offering future utility for owner-occupiers seeking a versatile and functional facility. This space is ideal for businesses requiring a warehouse with the added advantage of a commercial kitchen setup, making it particularly suitable for food production, catering, or related operations.
Sale Notes
Located in Melbourne’s thriving western industrial corridor, 2 Fastline Road, Truganina, presents a rare opportunity for owner-occupiers and investors seeking an adaptable, highly functional warehouse-office facility. Combining a generous high-clearance warehouse with a fully fitted two-level office space, this asset is designed for operational efficiency and business performance. The site provides secure gated access, eight on-site parking spaces, and an electric roller door to streamline loading activities. Offices include heating, cooling, a kitchenette, and staff amenities, delivering a complete solution for modern industrial needs.
Strategically positioned within Truganina’s established logistics and light manufacturing precinct, the property offers rapid connectivity via Western Ring Road, Princes Freeway, and West Gate Freeway, strengthening supply-chain agility across metropolitan Melbourne and beyond. The location ensures proximity to the Port of Melbourne and Melbourne Airport, reinforcing the property’s value proposition for distribution and logistics users. Available with vacant possession, this property offers flexibility and certainty in a supply-constrained industrial market.
Strategically positioned within Truganina’s established logistics and light manufacturing precinct, the property offers rapid connectivity via Western Ring Road, Princes Freeway, and West Gate Freeway, strengthening supply-chain agility across metropolitan Melbourne and beyond. The location ensures proximity to the Port of Melbourne and Melbourne Airport, reinforcing the property’s value proposition for distribution and logistics users. Available with vacant possession, this property offers flexibility and certainty in a supply-constrained industrial market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 21 | 2,066 SF | Industrial | $517,185 ($250.33/SF) | $17,833.96 |
Unit 21
| Unit Size |
| 2,066 SF |
| Condo Use |
| Industrial |
| Price |
| $517,185 ($250.33/SF) |
| NOI |
| $17,833.96 |
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Unit 21
| Unit Size | 2,066 SF |
| Condo Use | Industrial |
| Price | $517,185 ($250.33/SF) |
| NOI | $17,833.96 |
| Sale Type | Investment |
| Cap Rate | 3.45% |
| Description | |
| The 192 m² warehouse at 21/2 Fastline Road, Truganina, includes a 48 m² mezzanine level, offering flexibility for additional storage or office use. Currently configured as a commercial kitchen, the property comes equipped with specialized infrastructure, and the existing equipment can be negotiated as part of the deal. Positioned in the heart of Truganina’s high-demand industrial precinct, the site provides outstanding connectivity to major arterials, including the Western Ring Road, Princes Freeway, and West Gate Freeway. The surrounding area is home to a range of prominent national occupiers such as NQR Head Office, M3 Logistics, and CEVA Logistics, reinforcing the strategic appeal of this location. The property is currently leased, presenting immediate income potential for investors, while offering future utility for owner-occupiers seeking a versatile and functional facility. This space is ideal for businesses requiring a warehouse with the added advantage of a commercial kitchen setup, making it particularly suitable for food production, catering, or related operations.</li></ul> | |
| Sale Notes | |
| Located in Melbourne’s thriving western industrial corridor, 2 Fastline Road, Truganina, presents a rare opportunity for owner-occupiers and investors seeking an adaptable, highly functional warehouse-office facility. Combining a generous high-clearance warehouse with a fully fitted two-level office space, this asset is designed for operational efficiency and business performance. The site provides secure gated access, eight on-site parking spaces, and an electric roller door to streamline loading activities. Offices include heating, cooling, a kitchenette, and staff amenities, delivering a complete solution for modern industrial needs.<br> <br> Strategically positioned within Truganina’s established logistics and light manufacturing precinct, the property offers rapid connectivity via Western Ring Road, Princes Freeway, and West Gate Freeway, strengthening supply-chain agility across metropolitan Melbourne and beyond. The location ensures proximity to the Port of Melbourne and Melbourne Airport, reinforcing the property’s value proposition for distribution and logistics users. Available with vacant possession, this property offers flexibility and certainty in a supply-constrained industrial market.</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 | 45,122 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 45,122 SF |
| Property Subtype | Warehouse | Lot Size | 2.46 AC |
| Building Class | C |
| Total Building Size | 45,122 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 45,122 SF |
| Lot Size | 2.46 AC |
Amenities
- Fenced Lot
- Mezzanine
- Signage
- Skylights
- Automatic Blinds
- Recessed Lighting
- Air Conditioning
- Smoke Detector
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2 Fastline Rd
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