Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Located within a modern commercial complex on Wells Road in Chelsea Heights.
  • Offers secure 24/7 access and on-site parking with controlled intersection entry.
  • Surrounded by medical practices, retail businesses, fitness centers, and dining options.
  • Provides shared amenities including a boardroom, kitchenette, and bathroom facilities.
  • Positioned near major arterials such as the Dingley Bypass, Eastlink, and Mornington Peninsula Freeway.

Executive Summary

The property is a strata-titled office suite located within a multi-unit commercial complex on Wells Road in Chelsea Heights, Victoria. It is situated near major road networks including the Dingley Bypass, Eastlink, and the Mornington Peninsula Freeway. The complex provides shared facilities such as a boardroom, kitchenette, and bathrooms, along with secure access and on-site parking. The surrounding area includes medical practices, retail outlets, fitness facilities, and food establishments. Public transport is available via a nearby bus stop, and the property is accessible through a controlled intersection.

3 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 36
  • 1,108 SF
  • Office
  • $444,168 ($400.87/SF)
  • $34,156.52
Sale Type Investment
Cap Rate 7.69%
APN/Parcel ID 23\PS514288
Description
Suite 36 is a premium strata-titled office located within the Benchmark Corporate Centre, a well-established commercial hub in Chelsea Heights. The property occupies a first-floor position and offers a total area of 103 sqm, designed with a flexible layout to accommodate multiple professional uses. The suite is divided into three tenancies, each with private offices and access to shared amenities, including a foyer/waiting area and a conference room.

The building provides secure 24/7 access, modern amenities, and lift service, ensuring convenience for both tenants and visitors. Additional features include heating and cooling systems, ample on-site parking, and proximity to a diverse mix of businesses such as medical practices, fitness centers, and retail outlets. Its location just off the Mornington Peninsula Freeway, with easy connectivity to Eastlink, Nepean Highway, and Frankston CBD, enhances accessibility and long-term value for owners and occupiers.
Sale Notes
Elevate Real Estate presents an exceptional opportunity to acquire a fully leased, high-yielding strata office investment in the thriving Chelsea Heights commercial precinct. Suite 36 at 93 Wells Road is 100% occupied, delivering a secure gross return of 7.69% with a total annual rental income of $47,707.60 plus GST. The property is anchored by long-standing tenants across three suites, including Integrated Psychology Centre, Mortgage At Ease, and Innovative Physiotherapy Services Pty Ltd (Nabenet), providing income stability and minimal vacancy risk.

The tenancy profile includes long-term leases with renewal options, ensuring continuity and strong cash flow. Positioned within the Benchmark Corporate Centre, the property benefits from a vibrant business environment supported by medical groups, national retailers, and lifestyle amenities. Its strategic location near major arterials such as the Mornington Peninsula Freeway and Eastlink offers excellent connectivity to Melbourne’s southeast and the Mornington Peninsula region.

This investment combines strong rental performance, quality tenants, and a sought-after location, making it an attractive proposition for investors seeking a secure, income-generating asset with long-term upside.
  • Unit 40
  • 1,108 SF
  • Office
  • $394,020 ($355.61/SF)
  • -
Sale Type Investment or Owner User
Description
The property forms part of a modern strata office complex located along Wells Road in Chelsea Heights, Victoria. The strata arrangement includes shared facilities such as a boardroom, kitchenette, and bathroom amenities for the use of occupants within the development. Secure 24-hour access is available to all suites within the complex, with allocated and visitor on-site parking provided.
Sale Notes
Suite 40, situated on the first floor of 93 Wells Road, Chelsea Heights, is being offered for sale with vacant possession. The property comprises an approximately 103 square meter office suite and is presented as an open-plan layout suitable for various professional uses.
  • Unit 43
  • 1,108 SF
  • Office/Medical
  • $487,152 ($439.67/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 23\PS514288
Description
This space is part of a modern commercial complex located on Wells Road in Chelsea Heights. The development comprises multiple strata-titled office suites designed for professional and medical use. The complex offers shared amenities including a boardroom, kitchenette, and bathroom facilities, as well as secure 24/7 access. Ample on-site parking is available, and the property benefits from controlled intersection access for ease of entry and exit. The surrounding precinct includes a mix of medical practices, fitness facilities, retail outlets, and dining options, creating a well-serviced business environment.
Sale Notes
Suite 43 at 93 Wells Road presents an outstanding opportunity for owner-occupiers or investors seeking a well-connected office in a high-exposure location. This 103 sqm* modern office suite offers a versatile open-plan layout complemented by two private offices, making it suitable for medical practitioners, consultants, and professional service providers.

The property is strategically positioned along Wells Road, providing excellent visibility and immediate access to major arterials including the Dingley Bypass, Eastlink, and the Mornington Peninsula Freeway. The complex offers secure 24/7 access, shared amenities such as a boardroom and kitchenette, and abundant on-site parking. Businesses within the precinct include established medical groups, a pharmacy, fitness centers, and cafes, ensuring strong synergy and convenience for staff and clients.

This is an ideal opportunity to secure a strata-titled office in a thriving commercial hub with strong connectivity and a growing local business community.
Unit Unit Size Condo Use Price NOI
Unit 36 1,108 SF Office $444,168 ($400.87/SF) $34,156.52
Unit 40 1,108 SF Office $394,020 ($355.61/SF) -
Unit 43 1,108 SF Office/Medical $487,152 ($439.67/SF) -

Unit 36

Unit Size
1,108 SF
Condo Use
Office
Price
$444,168 ($400.87/SF)
NOI
$34,156.52

Unit 40

Unit Size
1,108 SF
Condo Use
Office
Price
$394,020 ($355.61/SF)
NOI
-

Unit 43

Unit Size
1,108 SF
Condo Use
Office/Medical
Price
$487,152 ($439.67/SF)
NOI
-

Unit 36

Unit Size 1,108 SF
Condo Use Office
Price $444,168 ($400.87/SF)
NOI $34,156.52
Sale Type Investment
Cap Rate 7.69%
APN/Parcel ID 23\PS514288
Description
Suite 36 is a premium strata-titled office located within the Benchmark Corporate Centre, a well-established commercial hub in Chelsea Heights. The property occupies a first-floor position and offers a total area of 103 sqm, designed with a flexible layout to accommodate multiple professional uses. The suite is divided into three tenancies, each with private offices and access to shared amenities, including a foyer/waiting area and a conference room.<br> <br> The building provides secure 24/7 access, modern amenities, and lift service, ensuring convenience for both tenants and visitors. Additional features include heating and cooling systems, ample on-site parking, and proximity to a diverse mix of businesses such as medical practices, fitness centers, and retail outlets. Its location just off the Mornington Peninsula Freeway, with easy connectivity to Eastlink, Nepean Highway, and Frankston CBD, enhances accessibility and long-term value for owners and occupiers.</li></ul>
Sale Notes
Elevate Real Estate presents an exceptional opportunity to acquire a fully leased, high-yielding strata office investment in the thriving Chelsea Heights commercial precinct. Suite 36 at 93 Wells Road is 100% occupied, delivering a secure gross return of 7.69% with a total annual rental income of $47,707.60 plus GST. The property is anchored by long-standing tenants across three suites, including Integrated Psychology Centre, Mortgage At Ease, and Innovative Physiotherapy Services Pty Ltd (Nabenet), providing income stability and minimal vacancy risk.<br> <br> The tenancy profile includes long-term leases with renewal options, ensuring continuity and strong cash flow. Positioned within the Benchmark Corporate Centre, the property benefits from a vibrant business environment supported by medical groups, national retailers, and lifestyle amenities. Its strategic location near major arterials such as the Mornington Peninsula Freeway and Eastlink offers excellent connectivity to Melbourne’s southeast and the Mornington Peninsula region.<br> <br> This investment combines strong rental performance, quality tenants, and a sought-after location, making it an attractive proposition for investors seeking a secure, income-generating asset with long-term upside.</li></ul>

Unit 40

Unit Size 1,108 SF
Condo Use Office
Price $394,020 ($355.61/SF)
NOI -
Sale Type Investment or Owner User
Description
The property forms part of a modern strata office complex located along Wells Road in Chelsea Heights, Victoria. The strata arrangement includes shared facilities such as a boardroom, kitchenette, and bathroom amenities for the use of occupants within the development. Secure 24-hour access is available to all suites within the complex, with allocated and visitor on-site parking provided.</li></ul>
Sale Notes
Suite 40, situated on the first floor of 93 Wells Road, Chelsea Heights, is being offered for sale with vacant possession. The property comprises an approximately 103 square meter office suite and is presented as an open-plan layout suitable for various professional uses.</li></ul>

Unit 43

Unit Size 1,108 SF
Condo Use Office/Medical
Price $487,152 ($439.67/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 23\PS514288
Description
This space is part of a modern commercial complex located on Wells Road in Chelsea Heights. The development comprises multiple strata-titled office suites designed for professional and medical use. The complex offers shared amenities including a boardroom, kitchenette, and bathroom facilities, as well as secure 24/7 access. Ample on-site parking is available, and the property benefits from controlled intersection access for ease of entry and exit. The surrounding precinct includes a mix of medical practices, fitness facilities, retail outlets, and dining options, creating a well-serviced business environment.</li></ul>
Sale Notes
Suite 43 at 93 Wells Road presents an outstanding opportunity for owner-occupiers or investors seeking a well-connected office in a high-exposure location. This 103 sqm* modern office suite offers a versatile open-plan layout complemented by two private offices, making it suitable for medical practitioners, consultants, and professional service providers.<br> <br> The property is strategically positioned along Wells Road, providing excellent visibility and immediate access to major arterials including the Dingley Bypass, Eastlink, and the Mornington Peninsula Freeway. The complex offers secure 24/7 access, shared amenities such as a boardroom and kitchenette, and abundant on-site parking. Businesses within the precinct include established medical groups, a pharmacy, fitness centers, and cafes, ensuring strong synergy and convenience for staff and clients.<br> <br> This is an ideal opportunity to secure a strata-titled office in a thriving commercial hub with strong connectivity and a growing local business community.</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 33,885 SF
Property Type Office
Property Subtype Medical
Building Class C
Floors 2
Typical Floor Size 19,924 SF
Lot Size 6.57 AC

Amenities

  • 24 Hour Access
  • Reception
  • Air Conditioning
  • Listing ID: 39733849

  • Date on Market: 3/11/2026

  • Last Updated:

  • Address: 93 Wells Road, Chelsea Heights, VIC 3196

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}