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40-52 McArthurs Rd - Units 1-11 2,238 SF Industrial Condo Unit Offered at $557,934 in Altona North, VIC 3025
Investment Highlights
- Situated within a modern business park featuring on-site café and walking access to Woolworths, Bunnings, and restaurants.
- Features: NBN connectivity, remote-controlled container-height roller door, kitchenette, shower, and amenities.
- Quality covenant: Reliable tenant with track record in occupancy. Secure 3 + 3-year lease from May 2026 at $40,000 p.a. + GST + outgoings.
- Strategic location linking Melbourne CBD, Port operations, and major arterials for freight efficiency.
- Achieving approx. 5.1% yield, underpinned by strong market demand and metro-west scarcity.
Executive Summary
Investor appetite for well-leased industrial strata assets in Melbourne’s inner-west remains robust, supported by chronic supply shortages and proximity factor advantages for e-commerce, trade, and logistics industries. This property’s combo of long-term tenancy security, modern specifications, and locational resilience consolidates its investment-grade credentials.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 5.10% | APN/Parcel ID | 7\PS803804 |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 7\PS803804 |
Description
Investor appetite for well-leased industrial strata assets in Melbourne’s inner-west remains robust, supported by chronic supply shortages and proximity factor advantages for e-commerce, trade, and logistics industries. This property’s combo of long-term tenancy security, modern specifications, and locational resilience consolidates its investment-grade credentials.
Unit 7, McArthurs Business Park, presents an exceptional opportunity for income-focused investors seeking secure returns in a strategic logistics and urban trade location. Offering 208 m² of modern office/warehouse accommodation, inclusive of a functional 58 m² mezzanine, this property combines high-spec infrastructure with the confidence of a freshly executed lease to an established long-term operator.
Unit 7, McArthurs Business Park, presents an exceptional opportunity for income-focused investors seeking secure returns in a strategic logistics and urban trade location. Offering 208 m² of modern office/warehouse accommodation, inclusive of a functional 58 m² mezzanine, this property combines high-spec infrastructure with the confidence of a freshly executed lease to an established long-term operator.
Sale Notes
Premium tenanted investment in a tightly held industrial precinct in Melbourne’s booming west.
Unit 7, McArthurs Business Park, presents an exceptional opportunity for income-focused investors seeking secure returns in a strategic logistics and urban trade location. Offering 208 m² of modern office/warehouse accommodation, inclusive of a functional 58 m² mezzanine, this property combines high-spec infrastructure with the confidence of a freshly executed lease to an established long-term operator.
With paramount connectivity—5 minutes to West Gate Freeway and direct access to Port of Melbourne and Melbourne CBD—this asset aligns with ongoing demand for metro-west distribution and light industrial hubs. The estate benefits from an on-site café, ample amenity, and proximity to Millers Junction Retail Centre, enhancing tenant convenience and value retention.
Unit 7, McArthurs Business Park, presents an exceptional opportunity for income-focused investors seeking secure returns in a strategic logistics and urban trade location. Offering 208 m² of modern office/warehouse accommodation, inclusive of a functional 58 m² mezzanine, this property combines high-spec infrastructure with the confidence of a freshly executed lease to an established long-term operator.
With paramount connectivity—5 minutes to West Gate Freeway and direct access to Port of Melbourne and Melbourne CBD—this asset aligns with ongoing demand for metro-west distribution and light industrial hubs. The estate benefits from an on-site café, ample amenity, and proximity to Millers Junction Retail Centre, enhancing tenant convenience and value retention.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 7 | 2,238 SF | Industrial | $557,934 ($249.30/SF) | $28,454.63 |
Unit 7
| Unit Size |
| 2,238 SF |
| Condo Use |
| Industrial |
| Price |
| $557,934 ($249.30/SF) |
| NOI |
| $28,454.63 |
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Unit 7
| Unit Size | 2,238 SF |
| Condo Use | Industrial |
| Price | $557,934 ($249.30/SF) |
| NOI | $28,454.63 |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 7\PS803804 |
| Description | |
| Investor appetite for well-leased industrial strata assets in Melbourne’s inner-west remains robust, supported by chronic supply shortages and proximity factor advantages for e-commerce, trade, and logistics industries. This property’s combo of long-term tenancy security, modern specifications, and locational resilience consolidates its investment-grade credentials.<br> Unit 7, McArthurs Business Park, presents an exceptional opportunity for income-focused investors seeking secure returns in a strategic logistics and urban trade location. Offering 208 m² of modern office/warehouse accommodation, inclusive of a functional 58 m² mezzanine, this property combines high-spec infrastructure with the confidence of a freshly executed lease to an established long-term operator.</li></ul> | |
| Sale Notes | |
| Premium tenanted investment in a tightly held industrial precinct in Melbourne’s booming west.<br> Unit 7, McArthurs Business Park, presents an exceptional opportunity for income-focused investors seeking secure returns in a strategic logistics and urban trade location. Offering 208 m² of modern office/warehouse accommodation, inclusive of a functional 58 m² mezzanine, this property combines high-spec infrastructure with the confidence of a freshly executed lease to an established long-term operator.<br> With paramount connectivity—5 minutes to West Gate Freeway and direct access to Port of Melbourne and Melbourne CBD—this asset aligns with ongoing demand for metro-west distribution and light industrial hubs. The estate benefits from an on-site café, ample amenity, and proximity to Millers Junction Retail Centre, enhancing tenant convenience and value retention.</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 | 26,910 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 26,910 SF |
| Property Subtype | Warehouse | Parking Ratio | 1.1/1,000 SF |
| Building Class | C |
| Total Building Size | 26,910 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 26,910 SF |
| Parking Ratio | 1.1/1,000 SF |
Amenities
- 24 Hour Access
- Fenced Lot
- Mezzanine
- Demised WC facilities
- Perimeter Security Fence
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1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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40-52 McArthurs Rd - Units 1-11
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