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20 Decor Dr 5,188 SF Industrial Condo Unit Offered at $1,080,675 in Hallam, VIC 3803
Investment Highlights
- Located in Hallam’s core industrial precinct with superb arterial access to Monash Freeway and Princes Highway.
- Strong-performing industrial market with low vacancy rates in Melbourne’s southeast growth corridor.
- Securely fenced lot with gated access for added operational security.
- Ideal investment opportunity combining income stability, long-term lease security, and highly desirable location.
Executive Summary
20 Decor Drive occupies a strategic location within Hallam’s tightly held industrial and commercial precinct, approximately 34 km southeast of Melbourne’s CBD. This prime positioning provides direct access to major arterial connections including the Princes Highway and Monash Freeway, enabling streamlined transport and distribution links to Melbourne’s broader southeast industrial corridor and beyond. The surrounding precinct is characterized by strong industrial activity, trade retail operators, and service-based businesses, supported by excellent connectivity and proximity to key freight routes. Hallam continues to benefit from population growth and infrastructure upgrades, reinforcing its appeal as an industrial hub for both occupiers and investors. Unit 1 at 20 Decor Drive offers a modern, well-presented industrial facility suited to tenants and buyers seeking a combination of office and warehouse functionality in a highly accessible location. With a secure long-term tenancy already in place, the property provides an attractive investment scenario supported by strong income fundamentals and minimal vacancy risk.
1 Unit Available
Unit 1
| Unit Size | 5,188 SF | Sale Type | Investment |
| Price | $1,080,675 | Cap Rate | 4.94% |
| Price Per SF | $208.30 | NOI | $53,378.14 |
| Condo Use | Industrial | No. Parking Spaces | 8 |
| Unit Size | 5,188 SF |
| Price | $1,080,675 |
| Price Per SF | $208.30 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Cap Rate | 4.94% |
| NOI | $53,378.14 |
| No. Parking Spaces | 8 |
Description
This premium industrial property delivers a standout opportunity for investors to secure a modern asset within one of Melbourne’s most dynamic industrial precincts. Spanning 482 sqm, the facility comprises approximately 462 sqm high-clearance warehouse/workshop space complemented by a 20 sqm ground-floor office, alongside a first-floor kitchenette and additional office amenity.
The property is designed for operational flexibility featuring a container-height roller door, secure fencing with gated access, and functional internal layouts suited to diverse industrial uses. Climate-controlled office spaces with split system air conditioning enhance workplace comfort, while eight dedicated car parks ensure convenient access for staff and visitors.
Hallam’s central position in Melbourne’s southeast growth corridor boosts accessibility via Monash Freeway and Princes Highway, delivering seamless connectivity to key freight routes and metropolitan networks. With a strong lease covenant in place, Unit 1 presents the perfect investment balancing immediate income security with future capital growth potential.
Sale Notes
Offered at $1,500,000 (excl. GST), Unit 1 at 20 Decor Drive, Hallam represents a rare chance to acquire a fully tenanted industrial property in Melbourne’s thriving southeast market. Anchored by a reliable tenant on a five-year lease term expiring September 2028, the asset provides consistent returns of $74,090 per annum net, supported by 4% fixed annual rental increases ensuring steady income growth over the term.
This well-maintained facility combines practical industrial design with contemporary office features, delivering a high-quality solution for ongoing occupier needs. The property offers a significant 482 sqm building area, a spacious warehouse with excellent clearance, and modern offices, underpinned by secure gated access and convenient on-site parking.
Positioned within Hallam’s proven industrial hub, the property benefits from highly functional transport links to Melbourne CBD and key logistics corridors via Monash Freeway and Princes Highway. With low industrial vacancy rates and enduring demand fundamentals, this opportunity provides a compelling proposition for investors seeking a stable, high-performing asset in a tightly held market.
+4 More
Reception
High Clearance Warehouse
High Clearance Warehouse
High Clearance Warehouse
High Clearance Warehouse
High Clearance Warehouse
Office
Office
Kitchen
Property Facts
| Total Building Size | 7,589 SF | Building Class | C |
| Property Type | Industrial (Condo) | Floors | 1 |
| Property Subtype | Warehouse | Typical Floor Size | 15,069 SF |
| Total Building Size | 7,589 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 15,069 SF |
Amenities
- Fenced Lot
- Air Conditioning
- Perimeter Security Fence
Presented by
20 Decor Dr
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