283 Bay Rd & 2 Tibrockney St, Cheltham 2 Industrial Properties in Highett

This dual-property portfolio presents a premier industrial investment opportunity within Melbourne’s Bayside Business District. Comprising two high-quality assets at 283 Bay Road and 2 Tibrockney Street, the offering combines long-term income security with potential future flexibility. Currently leased to established tenants on secure five-year terms with options through 2031, both properties generate a combined net rental of over $277,000 per annum, with fixed annual increases delivering consistent growth.
Positioned moments from Nepean Highway and approximately 1 km from Westfield Southland and Southland Train Station, these sites offer exceptional connectivity across Melbourne’s arterial road network. Investors benefit from dual-corner exposure, sealed warehouse floors, automatic roller doors, solar systems with battery storage, and robust office accommodations. Enhanced with modern efficiencies and multiple onsite car parks, the properties facilitate strong tenant retention and operational ease.
Offered individually or in-one-line, this campaign provides an excellent opportunity to secure a foothold in one of Melbourne’s most established industrial and commercial precincts, ensuring sustained demand and capital appreciation over time.