 Asset Class: | Industrial |
 Price: | $ 750000 |
 Net Yield: | 5.75 % |
Net Yield - including solar strategy: | % |
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<b>Great Set-and-Forget Investment – Ideal for First-Time Investors</b><br><br><p style=""><span style="font-weight:normal;">Located within the highly sought-after NEUE SPACE Reservoir industrial estate, 20/2 Cobham Street presents a low-maintenance, set-and-forget investment with strong rental returns and minimal landlord responsibilities.</span></p><p style=""><span style="font-weight:normal;">This architecturally designed, high-clearance warehouse provides an affordable entry-level opportunity into Melbourne’s highly competitive industrial market while benefiting from a secure lease with recoverable outgoings.</span></p><br><b>Key Investment Highlights</b><br><br><p style=""><span style="font-weight:normal;">✔ Modern, architecturally designed industrial warehouse with high internal clearance</span></p><p style=""><span style="font-weight:normal;">✔ Secure gated complex with remote-controlled roller door access</span></p><p style=""><span style="font-weight:normal;">✔ Low-maintenance investment with minimal landlord obligations</span></p><p style=""><span style="font-weight:normal;">✔ Strong rental return of 5.75% net yield</span></p><p style=""><span style="font-weight:normal;">✔ Two designated car parks on title + 38 visitor parking spaces</span></p><p style=""><span style="font-weight:normal;">✔ Well-connected location with proximity to major transport routes</span></p><br><br><span style="color:rgb(51, 51, 51);"><b>12 km from Melbourne CBD</b></span><span style="color:rgb(51, 51, 51);"> – Quick access via High Street & St Georges Road</span><br><span style="color:rgb(51, 51, 51);"><b>17 km from Melbourne Airport</b></span><span style="color:rgb(51, 51, 51);"> – Ideal for businesses requiring logistics access</span>
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<span style="color:rgb(51, 51, 51);">Located 12 km north of Melbourne’s CBD, Reservoir is a key industrial and logistics precinct within the City of Darebin, offering strong transport connectivity, industrial demand, and affordability compared to inner-city markets. Its proximity to key road, rail, and freight networks makes it ideal for manufacturing, warehousing, and last-mile logistics.</span><br><br><br><span style="color:rgb(51, 51, 51);"><b>Demographics & Economic Overview</b></span><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Population: 158,210 (2025), projected to grow to 216,417 by 2046.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Cultural Diversity: Strong migrant population, particularly from Italy, Greece, India, and China.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Economic Output: $19.746 billion annually, with 56,000+ jobs in manufacturing, logistics, construction, and retail.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Gentrification & Investment Growth: Increasing infrastructure investment and rising land values, driving strong rental demand for industrial properties.</span></p></li></ul><span style="color:rgb(51, 51, 51);">Transport & Infrastructure</span><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Road Access: Metropolitan Ring Road (M80), Hume Freeway, and Eastern Freeway provide seamless freight and logistics connectivity.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Public Transport: Reservoir Train Station (Mernda Line) and extensive bus networks enhance workforce accessibility.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Freight Hubs: </span></p></li></ul><span style="color:rgb(51, 51, 51);">15 km from Port of Melbourne, </span><br><span style="color:rgb(51, 51, 51);">20 km from Melbourne Airport</span><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">North East Link Project ($15B investment) will further enhance industrial accessibility and freight efficiency.</span></p></li></ul><br><br><span style="color:rgb(51, 51, 51);">Reservoir is a rapidly evolving industrial hub, offering affordable large-scale industrial sites, strategic transport access, and strong economic fundamentals. With rising land values, increasing infrastructure investment, and a high-growth economy, it presents a prime opportunity for industrial investors and businesses seeking long-term capital growth.</span>
Additional Location Information File<b>Bybuilt Pty Ltd</b><span style="font-weight:normal;"> is a young and growing construction company, established in January 2022, specializing in domestic building projects. The company is registered as a Domestic Builder - Unlimited, allowing it to undertake a wide range of residential construction works.</span><br><p style=""><span style="font-weight:normal;">Led by Adrian Massimo, a licensed builder with a DB-U 72620 registration, Bybuilt is committed to delivering high-quality residential developments. While still establishing its market presence, the company has secured a long-term lease at 20/2 Cobham Street, Reservoir, reinforcing its operational stability.</span></p><p style=""><span style="font-weight:normal;">Bybuilt Pty Ltd is focused on quality craftsmanship and reliable service, positioning itself as an emerging name in Melbourne’s domestic construction sector.</span></p><br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.instagram.com/bybuilt_/"><u>Instagram</u></a><span></span>
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Address | Total NLA | Total Rent | Rent / m2 20/2 Cobham Street, Reservoir | 221m2 | $43,160 | $195/m2 25/2 Cobham Street, Reservoir | 96m2 | $19,968 | $208/m2 61/2 Cobham Street, Reservoir | 213m2 | $32,000 | $150/m2 5/6 Lakeside Avenue, Reservoir | 100m2 | $20,000 | $200/m2
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<b>Financial Overview</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Purchase Price:</span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">$750,000</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Gross Rent:</span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">$43,160 per annum</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Property Management Cost:</span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">$2,400 per annum</span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> (currently not recovered but can be passed on)</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Net Rent:</span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">$43,160 per annum</span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> (assuming recovery of property management costs, as permitted under lease)</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Net Yield: 5.75%</b></span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Net Rent per sqm: $195/sqm</b></span></p></li></ul><br><span style="font-weight:normal;">Property Features</span><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Total Gross Lettable Area (GLA):</span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">221 sqm</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Secure gated access from Vimy/Cobham Streets & Plateau Road</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">High-clearance internal warehouse with premium office space</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Kitchenette & Unisex/Disabled Toilet</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Two car parks on title + 38 visitor car parks</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Premium small warehouse estate with strong tenant and owner occ appeal</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">Age: Around 2 years old - Large depreciation benefits</span></p></li></ul>
