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8 Lewalan Street - Building 1 4,994 SF Industrial Condo Unit Offered at $1,086,860 in Grovedale, VIC 3216

Investment Highlights
- The property is a multi-unit industrial complex located at 8 Lewalan Street in Grovedale, Victoria.
- The site is zoned Industrial 1, supporting a variety of industrial and commercial uses.
- The complex offers connectivity to major transport routes, enhancing accessibility for occupiers.
- It is situated within an established industrial precinct with strong surrounding business activity.
- Shared access and common property areas are managed under an owners corporation structure.
Executive Summary
The property at 8 Lewalan Street in Grovedale, Victoria, is a multi-unit industrial complex located within an established industrial precinct. The site is zoned Industrial 1 and accommodates a range of industrial and commercial uses. It provides shared access and common property areas managed under an owners corporation structure. The complex is positioned in a well-known industrial area with connectivity to major transport routes and proximity to surrounding business activity. Individual units within the property may include features such as mezzanine levels, warehouse space, and integrated amenities, depending on configuration.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 36\PS812305 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 36\PS812305 |
The property’s configuration and premium fit-out, which includes a bar area, kitchen, and amenities, make it suitable for a range of uses subject to council approval. Located within a highly recognized industrial precinct, the site benefits from Industrial 1 zoning and strong surrounding business activity. This is an opportunity to purchase the property as is and develop a distinctive brand or operational concept.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 36 | 4,994 SF | Industrial | $1,086,860 ($217.63/SF) | - |
Unit 36
| Unit Size |
| 4,994 SF |
| Condo Use |
| Industrial |
| Price |
| $1,086,860 ($217.63/SF) |
| NOI |
| - |
Unit 36
| Unit Size | 4,994 SF |
| Condo Use | Industrial |
| Price | $1,086,860 ($217.63/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 36\PS812305 |
| Description | |
| The property is a strata-titled industrial unit located within a well-established industrial precinct in Grovedale, Victoria. It comprises a ground floor warehouse area with an additional first-floor mezzanine suitable for office use. The property is zoned Industrial 1 and forms part of a larger complex of similar industrial units. Shared access and common property areas are managed under the applicable owners corporation arrangements.</li></ul> | |
| Sale Notes | |
| This property offers a unique opportunity to acquire a high-quality industrial facility with a specialized hospitality fit-out. The building spans approximately 464 square meters and includes a first-floor mezzanine that can be utilized for office functions. A general liquor license is attached to the property, and the premises have been operating as a gin and whiskey distillery. The existing license and equipment for alcohol manufacturing are available separately, providing flexibility for buyers seeking to continue or adapt the current use.<br> <br> The property’s configuration and premium fit-out, which includes a bar area, kitchen, and amenities, make it suitable for a range of uses subject to council approval. Located within a highly recognized industrial precinct, the site benefits from Industrial 1 zoning and strong surrounding business activity. This is an opportunity to purchase the property as is and develop a distinctive brand or operational concept.</li></ul> |
Property Facts
| Total Building Size | 56,435 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 56,435 SF |
| Property Subtype | Warehouse | Lot Size | 9.41 AC |
| Building Class | B |
| Total Building Size | 56,435 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 56,435 SF |
| Lot Size | 9.41 AC |
Amenities
- Mezzanine
- Demised WC facilities
Presented by
8 Lewalan Street - Building 1
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