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5 Enterprise Dr 1,216 SF Industrial Condo Unit Offered at $468,293 in Rowville, VIC 3178
Investment Highlights
- Access to Stud Road, Wellington Road, and EastLink from a high-demand business hub.
- Located within a professionally managed strata complex.
Executive Summary
The property is a warehouse and office complex located along Enterprise Drive, Rowville. This area serves as a business and industrial precinct with ease of access via Stud Road and major arterials including EastLink and Wellington Road. The estate accommodates mixed commercial uses and is strata managed to maintain professional presentation standards. The surrounding locality features industrial operations, ancillary services, and residential zones, supported by strong transport links throughout Melbourne’s south-east.
1 Unit Available
Unit 2
| Unit Size | 1,216 SF | Sale Type | Investment |
| Price | $468,293 | Cap Rate | 5.84% |
| Price Per SF | $385.11 | NOI | $27,348.28 |
| Condo Use | Industrial | APN/Parcel ID | CM1\PS721417 |
| Unit Size | 1,216 SF |
| Price | $468,293 |
| Price Per SF | $385.11 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Cap Rate | 5.84% |
| NOI | $27,348.28 |
| APN/Parcel ID | CM1\PS721417 |
Description
This property is part of a modern strata-titled business estate designed to provide a professional and accessible working environment. The estate features contemporary architectural styling and practical layouts suited for small-to-medium office users. Occupants benefit from shared precinct infrastructure, well-maintained external finishes, and designated on-site parking allocations within a landscaped commercial setting. Ownership involves a strata arrangement, where lot owners share responsibility for common areas and building services, ensuring a consistent standard across the entire development.
Sale Notes
Located within one of Rowville’s sought-after commercial precincts, this office investment at 2/5 Enterprise Drive offers an opportunity for buyers seeking a secure, income-generating asset in Melbourne’s south-east corridor. The strata-titled property comprises a two-level office suite presenting a functional layout with a modern open-plan workspace and a separate glass-partitioned meeting room. Abundant natural light and contemporary finishes provide an appealing professional environment.
The property is currently leased, generating $37,960 + GST + Outgoings annually, under a 1-year lease with a 1-year option commenced in February 2026. Positioned for connectivity, the estate offers excellent access to major arterials such as Stud Road, Wellington Road, and EastLink. Complementing its occupancy profile, the property includes three on-site car spaces. Priced at $650,000, this investment combines location convenience, tenant security, and long-term holding appeal.
Property Facts
| Total Building Size | 29,063 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 14,531 SF |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Total Building Size | 29,063 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 14,531 SF |
| Parking Ratio | 1.33/1,000 SF |
Amenities
- Storage Space
Presented by
5 Enterprise Dr
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