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4 Akuna Drive 11,065 SF Office Building Williamstown, VIC 3016 $2,532,950 ($228.91/SF) 8.50% Cap Rate


Investment Highlights
- The property incorporates modern office and showroom areas combined with high-clearance warehouse space.
- On-site car parking for approximately 15 vehicles enhances accessibility for staff and visitors.
- Positioned within a business park environment with connectivity to major transport and freight routes.
Executive Summary
This substantial freehold property in Williamstown presents a rare opportunity to acquire a secure, income-generating asset in Melbourne’s inner west. Comprising approximately 1,028 m² of improvements, the facility includes 800 m² of modern corporate-standard office and showroom accommodation complemented by 228 m² of high-clearance warehouse space. Occupying a 1,293 m² landholding within a prestigious business park, the property provides excellent flexibility to cater for varied operational needs, supported by 15 on-site car spaces.
The asset is underpinned by a strong covenant with a powerhouse insurance firm, Metrix, delivering an annual income of $300,000 plus GST and outgoings. The secure lease structure offers structured return certainty, with terms of 2 x 2 years providing income stability while maintaining future adaptability. Positioned within close proximity to key transport links including major road arterials, ports, airports, and rail infrastructure, the location facilitates high levels of connectivity across greater Melbourne and beyond. Offered well below replacement cost, this property combines robust tenant strength with a high-yield profile, presenting an attractive investment prospect for buyers seeking long-term security and growth potential.
The asset is underpinned by a strong covenant with a powerhouse insurance firm, Metrix, delivering an annual income of $300,000 plus GST and outgoings. The secure lease structure offers structured return certainty, with terms of 2 x 2 years providing income stability while maintaining future adaptability. Positioned within close proximity to key transport links including major road arterials, ports, airports, and rail infrastructure, the location facilitates high levels of connectivity across greater Melbourne and beyond. Offered well below replacement cost, this property combines robust tenant strength with a high-yield profile, presenting an attractive investment prospect for buyers seeking long-term security and growth potential.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
11,065 SF
Building Class
C
Price
$2,532,950
Price Per SF
$228.91
Cap Rate
8.50%
NOI
$215,301
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
8,611 SF
Building FAR
0.80
Lot Size
0.32 AC
Amenities
- 24 Hour Access
- Signage
- Natural Light
- Partitioned Offices
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4 Akuna Drive
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