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31-39 Norcal Road - industria 2,228 SF Industrial Condo Unit in Nunawading, VIC 3131
Investment Highlights
- High-clearance warehouse with container-height roller door access.
- Located near major arterials servicing Melbourne’s Eastern Suburbs, along with Nunawading Railway Station just 600 meters away
- Three designated on-site car spaces, with additional visitor parking nearby.
Executive Summary
The property consists of an industrial unit located within a multi-lot business park featuring secure access, shared amenities, and close proximity to major transport infrastructure. The building accommodates warehousing functions alongside office and ancillary spaces and includes allocated car parking.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 3 |
| Sale Type | Investment |
| No. Parking Spaces | 3 |
Description
The asset features a high-clearance warehouse complemented by premium office and meeting spaces located across ground and mezzanine levels. Access is streamlined through a container-height roller door, and the tenancy includes its own kitchenette and bathroom facilities for operational convenience.
Sale Notes
Positioned within the sought-after Industria Business Park, this property combines modern functionality with an established leased investment profile.Currently occupied by a reliable tenant, the property returns an annual income of approximately $39,955.51 net, with all outgoings covered by the tenant. The lease runs until February 2027, with a further two-year option and fixed annual increases, supporting consistent income generation.
Located near major arterials servicing Melbourne’s Eastern Suburbs, along with Nunawading Railway Station just 600 meters away, this site offers strategic connectivity and strong long-term demand fundamentals. Secured parking on-site and access to an on-site café further enhance the asset’s appeal within this tightly held industrial corridor.
Located near major arterials servicing Melbourne’s Eastern Suburbs, along with Nunawading Railway Station just 600 meters away, this site offers strategic connectivity and strong long-term demand fundamentals. Secured parking on-site and access to an on-site café further enhance the asset’s appeal within this tightly held industrial corridor.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 68 | 2,228 SF | Industrial | Upon Request | $28,624.13 |
Unit 68
| Unit Size |
| 2,228 SF |
| Condo Use |
| Industrial |
| Price |
| Upon Request |
| NOI |
| $28,624.13 |
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Unit 68
| Unit Size | 2,228 SF |
| Condo Use | Industrial |
| Price | Upon Request |
| NOI | $28,624.13 |
| Sale Type | Investment |
| No. Parking Spaces | 3 |
| Description | |
| The asset features a high-clearance warehouse complemented by premium office and meeting spaces located across ground and mezzanine levels. Access is streamlined through a container-height roller door, and the tenancy includes its own kitchenette and bathroom facilities for operational convenience.</li></ul> | |
| Sale Notes | |
| Positioned within the sought-after Industria Business Park, this property combines modern functionality with an established leased investment profile.Currently occupied by a reliable tenant, the property returns an annual income of approximately $39,955.51 net, with all outgoings covered by the tenant. The lease runs until February 2027, with a further two-year option and fixed annual increases, supporting consistent income generation.<br> <br> Located near major arterials servicing Melbourne’s Eastern Suburbs, along with Nunawading Railway Station just 600 meters away, this site offers strategic connectivity and strong long-term demand fundamentals. Secured parking on-site and access to an on-site café further enhance the asset’s appeal within this tightly held industrial corridor.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 36,576 SF | Floors | 2 |
| Property Type | Industrial (Condo) | Typical Floor Size | 18,288 SF |
| Property Subtype | Warehouse | Lot Size | 5.17 AC |
| Building Class | C |
| Total Building Size | 36,576 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 18,288 SF |
| Lot Size | 5.17 AC |
Amenities
- Controlled Access
- Conferencing Facility
- Mezzanine
- Reception
- Storage Space
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31-39 Norcal Road - industria
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