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22-26 Princes Way 1,291 SF Office/Medical Condo Unit in Drouin, VIC 3818
Investment Highlights
- Zoned Commercial 1, suited to medical, allied health, or professional services.
- Positioned in Drouin CBD, walking distance to train station, retail, and dining.
- Dual access points with central staircase; good internal layout adaptability.
Executive Summary
This property comprises a strata-titled first-floor commercial suite of approximately 120 m² within a mixed-use complex on Princes Way, Drouin. The asset benefits from dual access and adaptable interiors suitable for medical, consulting, or office use. Strong lease security underpins its investment profile, complemented by fixed rental escalations and strategic location within a fast-growing regional hub.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 1\PS328556 |
| Sale Type | Investment |
| APN/Parcel ID | 1\PS328556 |
Description
This property comprises a strata-titled first-floor commercial suite of approximately 120 m² within a mixed-use complex on Princes Way, Drouin. The asset benefits from dual access and adaptable interiors suitable for medical, consulting, or office use. Strong lease security underpins its investment profile, complemented by fixed rental escalations and strategic location within a fast-growing regional hub.
Commencing June 2026, the property will generate $25,000 per annum + GST + outgoings, secured under a brand-new two-year lease with two further two-year renewal options. Investors benefit from fixed 4% annual rental increases, ensuring strong income predictability and long-term upside. The tenant pays all statutory outgoings, further minimizing ownership costs.
Commencing June 2026, the property will generate $25,000 per annum + GST + outgoings, secured under a brand-new two-year lease with two further two-year renewal options. Investors benefit from fixed 4% annual rental increases, ensuring strong income predictability and long-term upside. The tenant pays all statutory outgoings, further minimizing ownership costs.
Sale Notes
Secure an exceptional entry-level commercial investment in the thriving heart of Drouin CBD. Located within an established professional complex, this well-configured first-floor tenancy provides a strategic, low-maintenance opportunity with guaranteed income growth built into the lease structure.
Commencing June 2026, the property will generate $25,000 per annum + GST + outgoings, secured under a brand-new two-year lease with two further two-year renewal options. Investors benefit from fixed 4% annual rental increases, ensuring strong income predictability and long-term upside. The tenant pays all statutory outgoings, further minimizing ownership costs.
The suite offers an inviting design with dual access (front and rear), accessible via a central staircase, providing flexibility for medical, consulting, or high-quality office use. Its prime CBD location places it within easy walking distance of Drouin Train Station, cafés, retail, and key amenities—enhancing tenant appeal and retention.
Commencing June 2026, the property will generate $25,000 per annum + GST + outgoings, secured under a brand-new two-year lease with two further two-year renewal options. Investors benefit from fixed 4% annual rental increases, ensuring strong income predictability and long-term upside. The tenant pays all statutory outgoings, further minimizing ownership costs.
The suite offers an inviting design with dual access (front and rear), accessible via a central staircase, providing flexibility for medical, consulting, or high-quality office use. Its prime CBD location places it within easy walking distance of Drouin Train Station, cafés, retail, and key amenities—enhancing tenant appeal and retention.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 11 | 1,291 SF | Office/Medical | Upon Request | - |
Unit 11
| Unit Size |
| 1,291 SF |
| Condo Use |
| Office/Medical |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 11
| Unit Size | 1,291 SF |
| Condo Use | Office/Medical |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 1\PS328556 |
| Description | |
| This property comprises a strata-titled first-floor commercial suite of approximately 120 m² within a mixed-use complex on Princes Way, Drouin. The asset benefits from dual access and adaptable interiors suitable for medical, consulting, or office use. Strong lease security underpins its investment profile, complemented by fixed rental escalations and strategic location within a fast-growing regional hub.<br> Commencing June 2026, the property will generate $25,000 per annum + GST + outgoings, secured under a brand-new two-year lease with two further two-year renewal options. Investors benefit from fixed 4% annual rental increases, ensuring strong income predictability and long-term upside. The tenant pays all statutory outgoings, further minimizing ownership costs.</li></ul> | |
| Sale Notes | |
| Secure an exceptional entry-level commercial investment in the thriving heart of Drouin CBD. Located within an established professional complex, this well-configured first-floor tenancy provides a strategic, low-maintenance opportunity with guaranteed income growth built into the lease structure.<br> Commencing June 2026, the property will generate $25,000 per annum + GST + outgoings, secured under a brand-new two-year lease with two further two-year renewal options. Investors benefit from fixed 4% annual rental increases, ensuring strong income predictability and long-term upside. The tenant pays all statutory outgoings, further minimizing ownership costs.<br> The suite offers an inviting design with dual access (front and rear), accessible via a central staircase, providing flexibility for medical, consulting, or high-quality office use. Its prime CBD location places it within easy walking distance of Drouin Train Station, cafés, retail, and key amenities—enhancing tenant appeal and retention.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 18,449 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 9,225 SF |
| Building Class | C | Lot Size | 0.22 AC |
| Total Building Size | 18,449 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 9,225 SF |
| Lot Size | 0.22 AC |
1 1
1 of 2
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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22-26 Princes Way
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