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21 Reserve Rd 3,175 - 3,498 SF Industrial Condo Units Offered at $668,919 - $710,296 Per Unit in Melton, VIC 3337
Investment Highlights
- Three modern warehouse units within a secure gated complex.
- Strategic location near High Street with excellent access to major arterial roads.
- Controlled access and perimeter security fencing for enhanced safety. On-site parking available for staff and visitors.
Executive Summary
The property consists of three warehouse units within a gated industrial complex in Melton, Victoria. It features on-site parking, secure gated access, and perimeter security fencing. Additional amenities include controlled access, demised WC facilities, roller shutters, and signage opportunities. The site is located near High Street and in close proximity to major arterial roads, providing connectivity to Melbourne’s western industrial corridor. The property is zoned Industrial 1 (IN1Z), supporting a range of industrial and commercial uses.
Property Facts
| Total Building Size | 10,516 SF | Floors | 1 |
| Property Type | Industrial | Typical Floor Size | 10,516 SF |
| Property Subtype | Warehouse | Lot Size | 0.44 AC |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Total Building Size | 10,516 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 10,516 SF |
| Lot Size | 0.44 AC |
| Parking Ratio | 1.52/1,000 SF |
Amenities
- Controlled Access
- Signage
- Automatic Blinds
- Demised WC facilities
- Perimeter Security Fence
2 Units Available
Unit 1
| Unit Size | 3,498 SF | Sale Type | Investment or Owner User |
| Price | $710,296 | No. Parking Spaces | 4 |
| Price Per SF | $203.06 | APN/Parcel ID | 1\PS827082 |
| Condo Use | Industrial |
| Unit Size | 3,498 SF |
| Price | $710,296 |
| Price Per SF | $203.06 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
| APN/Parcel ID | 1\PS827082 |
Description
Factory 1, 21 Reserve Road is an industrial property situated in Melton, Victoria, within a small complex of three warehouses. The building is constructed with tilt-slab concrete panels and includes on-site parking and secure gated access. The property is located near High Street and close to major arterial roads, providing connectivity to Melbourne’s western industrial corridor. Zoning is Industrial 1 (IN1Z), allowing for various industrial and commercial activities.
Sale Notes
This rare vacant possession opportunity in Melton’s thriving commercial precinct offers a modern industrial facility designed for flexibility and long-term value. Positioned within a boutique complex of only three warehouses, the property features durable tilt-slab concrete construction, secure gated access, and ample on-site parking. Its open-plan layout and excellent internal height make it suitable for a wide range of industrial and trade-based operations.
Located just off High Street and moments from major arterials, the site provides outstanding connectivity to Melbourne’s western growth corridor, ensuring convenience for logistics and distribution. Zoned Industrial 1 (IN1Z), the property supports broad permitted uses, making it an attractive option for owner-occupiers seeking control of their operational space or investors looking for a lease-ready asset. With quality amenities, low-maintenance design, and strong street presence, this facility represents a compelling acquisition in one of Melbourne’s fastest-growing industrial markets.
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Unit 2
| Unit Size | 3,175 SF | Cap Rate | 4.68% |
| Price | $668,919 | NOI | $31,328.93 |
| Price Per SF | $210.68 | No. Parking Spaces | 4 |
| Condo Use | Industrial | APN/Parcel ID | 2\PS827082 |
| Sale Type | Investment or Owner User |
| Unit Size | 3,175 SF |
| Price | $668,919 |
| Price Per SF | $210.68 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.68% |
| NOI | $31,328.93 |
| No. Parking Spaces | 4 |
| APN/Parcel ID | 2\PS827082 |
Description
Unit 2 at 21 Reserve Road is an industrial property located in Melton, Victoria, within a small complex of three warehouses. The building is complemented by demised WC facilities and a kitchenette and includes on-site parking and secure gated access. The property is situated near High Street and close to major arterial roads, providing connectivity to Melbourne’s western industrial corridor. The zoning is Industrial 1 Zone (IN1Z), which allows for a range of industrial and commercial uses.
Sale Notes
For Sale Note
This leased industrial investment offers a secure income stream in a high-demand location within Melbourne’s rapidly growing western corridor. Positioned in a tightly held complex of only three units, the property benefits from excellent connectivity to major arterials, including the Western Freeway, and is just minutes from Melton’s main retail and commercial hub.
The building comprises approximately 295 m² of clear-span warehouse space, featuring internal amenities such as a kitchenette and toilet facilities. Secure perimeter fencing and on-site parking enhance operational convenience and tenant security. Currently leased to a long-standing tenant on a three-year term commencing January 2024, with a further three-year option, the property generates an annual rental income of $45,430.08 (including GST) plus all outgoings.
This opportunity is further strengthened by the option to acquire an adjoining unit within the same development, providing potential for portfolio growth or dual-income investment. With strong tenancy fundamentals and a location in one of Melbourne’s fastest-growing regions, this asset represents a compelling addition for investors seeking stability and long-term value.
Floor Plan
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21 Reserve Rd
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