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Investment Highlights

  • Two separate warehouses on one title
  • One warehouse leased at $60,000 net p.a.
  • Excellent access to EastLink and major arterials
  • Land area: 1,176 m²* | Total building: 900 m²*
  • Industrial 1 zoning with long-term upside
  • Close to Nunawading Station and retail amenities

Executive Summary

For the first time in 43 years, this tightly held industrial freehold is being offered to the market, presenting a rare opportunity to secure a premium asset in one of Melbourne’s most sought-after eastern industrial hubs. Comprising two separate warehouses on a single title, the property offers exceptional flexibility, immediate income, and long-term growth potential.
Set on a 1,176 m²* landholding, the site includes a total building area of approximately 900 m²*. One warehouse is securely leased, generating $60,000 net per annum, while the second warehouse (approx. 445 m²*) is offered with vacant possession, providing options for owner-occupation or additional leasing upside.
Strategically located just 18 km* east of Melbourne’s CBD, Nunawading is renowned for its strong industrial and trade retail presence. The property benefits from excellent connectivity to major arterial routes including EastLink, Maroondah Highway, Whitehorse Road, and Canterbury Road, ensuring seamless access to the CBD and Melbourne’s broader metropolitan network. Public transport is also easily accessible via Nunawading Railway Station, while nearby retail amenities such as Brand Smart Outlet Centre and Forest Hill Chase Shopping Centre enhance the precinct’s appeal.
This is an outstanding opportunity for investors, developers, or owner-occupiers to secure a versatile industrial asset in a high-demand location.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.29 AC
Rentable Building Area 9,688 SF
No. Stories 1

Amenities

  • Commuter Rail
  • Automatic Blinds
  • Listing ID: 39666898

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 22-24 Queen St, Mitcham, VIC 3132

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