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51 Merrindale Dr 2,120 SF Industrial Condo Unit Offered at $540,338 in Croydon South, VIC 3136
Investment Highlights
- Five strata-titled warehouse units within Merrindale Business Park.
- Amenities include kitchenette and fully tiled restroom with shower facilities.
- High-clearance, clear-span warehouse spaces with premium finishes.
- Remote-access roller doors, three-phase power, and LED high bay lighting.
Executive Summary
Building 1 at 51 Merrindale Drive features five modern strata-titled warehouse units within the established Merrindale Business Park in Croydon South. Each unit combines clear-span warehouse space with fitted office facilities, showcasing polished concrete floors, high internal clearance, and energy-efficient LED lighting. Designed for flexibility and ease of operation, these units include reverse cycle air-conditioned offices, premium kitchenette installations, and fully tiled restrooms with shower amenities. Practical elements such as remote-controlled roller doors, three-phase power, and allocated on-title car parking reinforce overall usability. Positioned near Dorset Road and Canterbury Road, and within close proximity to EastLink and the Eastern Freeway, this development provides excellent connectivity for industrial occupiers and offers strong long-term investment potential in Melbourne’s east.
1 Unit Available
Unit 3
| Unit Size | 2,120 SF | Sale Type | Investment |
| Price | $540,338 | No. Parking Spaces | 3 |
| Price Per SF | $254.88 | APN/Parcel ID | 3\PS843761 |
| Condo Use | Industrial |
| Unit Size | 2,120 SF |
| Price | $540,338 |
| Price Per SF | $254.88 |
| Condo Use | Industrial |
| Sale Type | Investment |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 3\PS843761 |
Description
This modern strata-titled industrial unit is part of the premium Merrindale Business Park, a master-planned estate recognized for its quality construction and professional presentation. The property comprises a warehouse area with an integrated first-floor office, designed to cater to a diverse range of business operations. Internal finishes include polished concrete floors, high clearance of 8 meters, energy-efficient LED lighting, and a remote-controlled roller door for easy access. The office level is fully fitted with reverse cycle heating and cooling systems, a modern kitchenette, and restroom facilities with floor-to-ceiling tiles and a shower.
Owners benefit from allocated car parking on title, robust three-phase power capacity, and secure drive-up access within a landscaped precinct. This strata unit offers both functionality and appeal, making it suitable for investors seeking long-term income certainty or owner-occupiers exploring future opportunities.
Sale Notes
Acting as a secure income-generating strata asset, this property is currently under a five-year lease with a further five-year option, producing a passing rent of $38,013.70 per annum plus GST and outgoings. Located within Merrindale Business Park in Croydon South, the property enjoys easy connectivity to Dorset Road and Canterbury Road, providing streamlined access to Melbourne’s major arterials and southe
ast industrial corridor.
The offering delivers consistent rental income and benefits from high-spec finishes that minimize maintenance and operational costs. The established tenanted arrangement, combined with the robust local industrial market and the property’s strategic location near key amenity drivers, positions this asset as a strong addition to any investment portfolio.
+2 More
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Bathroom
Office mezzanine
Office mezzanine
Property Facts
| Total Building Size | 12,723 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 12,723 SF |
| Property Subtype | Warehouse | Lot Size | 0.64 AC |
| Building Class | C | Parking Ratio | 1.65/1,000 SF |
| Total Building Size | 12,723 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 12,723 SF |
| Lot Size | 0.64 AC |
| Parking Ratio | 1.65/1,000 SF |
Amenities
- Mezzanine
- Yard
- Automatic Blinds
- Storage Space
Utilities
- Lighting - LED
Presented by
51 Merrindale Dr
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