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888 Doncaster Road 16,878 SF 100% Leased Office Building Doncaster East, VIC 3109 For Sale
Investment Highlights
- 61 secure undercover parking bays supporting high-traffic occupancy
- Direct exposure to key arterial routes and public transport options within 200 m
- Commercial 1 Zoning with estimated fully leased income potential of $646,000 per annum net
- Significant dual frontage of 84 m to Doncaster Road and Mitchell Street
- Vacant possession with opportunity to capitalize via owner-occupation, investment, or redevelopment (STCA)
- Prime 1,863 m² landholding with a substantial 1,568 m² office building
Executive Summary
Positioned at a high-profile intersection in Doncaster East, 888 Doncaster Road represents an exceptional freehold office opportunity tailored for investors, developers, or owner-occupiers seeking scale in one of Melbourne's prominent suburban corridors. The property spans 1,568 m² with quality fit-outs and offers immediate occupancy potential, making it a rare acquisition in a competitive market.
The site encompasses 1,863 m² of land within a Commercial 1 Zone, allowing flexible adaptation for office, medical, or mixed-use opportunities (STCA). Featuring dual street frontages along Doncaster Road and Mitchell Street with combined visibility of approximately 84 meters, the asset guarantees strong exposure in a tightly held precinct. Additional advantages include secure undercover parking for 61 vehicles and the capability to generate an estimated fully leased income of $646,000 per annum net—delivering compelling upside for value-add investors.
Strategically connected to major arterials and surrounded by established retail amenity and high-density housing, the property is less than 4 km from Box Hill and only minutes to Eastern Freeway access, facilitating easy connectivity to Melbourne CBD.
The site encompasses 1,863 m² of land within a Commercial 1 Zone, allowing flexible adaptation for office, medical, or mixed-use opportunities (STCA). Featuring dual street frontages along Doncaster Road and Mitchell Street with combined visibility of approximately 84 meters, the asset guarantees strong exposure in a tightly held precinct. Additional advantages include secure undercover parking for 61 vehicles and the capability to generate an estimated fully leased income of $646,000 per annum net—delivering compelling upside for value-add investors.
Strategically connected to major arterials and surrounded by established retail amenity and high-density housing, the property is less than 4 km from Box Hill and only minutes to Eastern Freeway access, facilitating easy connectivity to Melbourne CBD.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
16,878 SF
Building Class
B
NOI
$465,411
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,439 SF
Building FAR
0.84
Lot Size
0.46 AC
Amenities
- Atrium
- Signage
- Reception
- Atrium
- Fully Carpeted
- Open-Plan
- Partitioned Offices
- Recessed Lighting
- Air Conditioning
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888 Doncaster Road
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