![]() Asset Class: | Industrial |
![]() Price: | $ 1850000 |
![]() Net Yield: | 5.51 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | On Market |
<b>Prime Industrial Investment Opportunity in Melbourne’s West</b><br><br>Located just <b>13km from Melbourne's CBD</b> and near the bustling industrial hubs of Laverton, Derrimut, and Truganina, this<b> newly constructed</b> office/warehouse offers an outstanding opportunity for investors. With a long lease in place, strong rental returns, and excellent depreciation benefits, this property is designed to deliver reliable income and long-term growth.<br><br>Priced at <b>$1,850,000</b>, this premium asset represents a <b>$100k discount</b> from its February 2024 valuation of $1,950,000, making it an exceptional value. With Melbourne’s property market now stabilized, it’s the ideal time to enter the market and capitalize on its steady recovery and future potential.<br><br>Seize this opportunity to secure a high-quality asset in a tightly held location that combines <b>proximity to key transport routes and the CBD</b> with access to Melbourne’s thriving western industrial corridor<br>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
Located just <b>13km from Melbourne’s CBD</b>, Williamstown is a bayside suburb steeped in history and renowned for its vibrant lifestyle, gentrification, and investment potential. Part of the City of Hobsons Bay, this historic suburb combines its rich maritime heritage with modern amenities and lifestyle benefits, making it a standout location in Melbourne’s property market.<br><br><b>A Historic Port and Maritime Hub</b><br>Established in 1837, Williamstown was Melbourne’s first port and a key gateway for trade and immigration during the 19th century. Its strategic location at the mouth of the Yarra River positioned it as a vital maritime hub. Today, the suburb retains its nautical charm, with preserved shipyards, the historic HMAS Castlemaine museum ship, and the picturesque Gem Pier, a nod to its rich history. Williamstown’s heritage-listed buildings and iconic bluestone streets further showcase its historical importance, attracting visitors and locals alike.<br><br><b>Proximity to Key Landmarks</b><br>Williamstown offers seamless connectivity to Melbourne’s CBD via train or the West Gate Freeway, while nearby industrial hubs like Laverton, Derrimut, and Truganina provide excellent opportunities for businesses. Residents enjoy easy access to Williamstown Beach, Jawbone Marine Sanctuary, and waterfront parks like Commonwealth Reserve, creating a perfect balance between urban convenience and natural beauty.<br><br><b>A Gentrified Lifestyle Destination</b><br>Over the years, Williamstown has undergone significant gentrification, transforming it into one of Melbourne’s most desirable bayside suburbs. The area now boasts boutique shops, artisanal cafes, fine dining restaurants, and a thriving arts scene. Paired with excellent schools, sports clubs, and community amenities, it’s an ideal location for families and professionals seeking a coastal lifestyle without compromising on urban convenience.<br><br><b>Residential Growth and Market Appeal</b><br>In the last 20 years, Williamstown’s residential property market has experienced remarkable growth, with median house prices tripling and quadrupling. This steady increase reflects the suburb’s strong demand, bolstered by its unique blend of history, lifestyle, and blue-chip investment appeal. Investors and homeowners alike are drawn to its waterfront location, tree-lined streets, and the consistent capital growth opportunities it offers.<br><br><b>Why Williamstown?</b><br>Williamstown is more than just a place to live or invest—it’s a destination that celebrates Melbourne’s maritime heritage while offering modern, gentrified living. With its rich history, unbeatable lifestyle, and proximity to key landmarks, it stands as one of Melbourne’s most sought-after suburbs. Whether you're drawn by its history, lifestyle benefits, or investment
Additional Location Information File<b>BIM Enterprises</b><br><br>BIM Enterprises has a rich history spanning 38 years, initially establishing itself as a residential developer with a focus on large unit developments. Over the last two decades, the company has transitioned into the commercial and industrial sectors, where it now specialises in developing childcare centres, medical centres, and large industrial parks. All projects are built exclusively for BIM Enterprises' associated companies, ensuring a high standard of quality and synergy across its portfolio
Initial Term:
Security:
Security Info:
<p style="margin-inline-start:36pt;">• Tenant: BIM Enterprises</p><p style="margin-inline-start:36pt;">• Type of Rent: Commercial Net</p><p style="margin-inline-start:36pt;">• Rent (Net): $101,860 p.a.</p><p style="margin-inline-start:36pt;">• Lease Term: 3 years</p><p style="margin-inline-start:36pt;">• Commenced: From settlement</p><p style="margin-inline-start:36pt;">• Rent Review: Fixed annual increases 3%</p><p style="margin-inline-start:36pt;">• Market Review: -</p><p style="margin-inline-start:36pt;">• Options: -</p><p style="margin-inline-start:36pt;">• Security: 3 month bond or bank guarantee</p><p style="margin-inline-start:36pt;">• Outgoings: Paid by tenant</p><p style="margin-inline-start:36pt;">• Permitted Use: Industrial purposes (non retail)</p>
Additional Financial Information FileInitial Term:
Security:
Security Info:
Address | Total size [land] GLA | Rent (on GLA) $/sqm 47 Launceston Street, Williamstown | [660sqm] 463sqm | $220/sqm 51 Launceston Street, Williamstown North | [660] 463sqm | $216/sqm 2/5 Literary Way, Williamstown North | 371sqm | $216/sqm 1/5 Literary Way, Williamstown North | 371sqm | $216/sqm 35 Robbins Circuit, Williamstown North | 430sqm | $198/sqm 5 Ganton Court, Williamstown | [1,305sqm] 582sqm | $198/sqm 4/43 Launceston Street, Williamstown North | 156sqm | $284/sqm 1/43 Launceston Street, Williamstown North | 156sqm | $284/sqm 19 Jordan Close, Altona | [1,758sqm] 1,135sqm | $130/sqm 1/3 Robbins Circuit, Williamstown | 372sqm | $284/sqm 1 Plover Drive, Altona | [860] 700sqm | $240/sqm
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
• Purchase Price: $1,850,000<br>• Net Yield: 5.5%<br>• Net Rent: $220/sqm p.a.<br>• Net Rent (per annum): $101,860<br>• Purchase rate (on NLA): $3,996/sqm (based on 463 sqm GLA)<br>• Asset Class: Industrial<br>• Composition of Asset: Office/Warehouse<br>• Property Market Status: Off Market<br>• Age of the asset: Newly constructed<br>• Any unapproved structures on-site: No<br>• Owner's reason for selling: Developer Sale<br>• Are the seller & tenant related parties? Yes – Lease back<br>• How long has the current tenant been on-site?: New lease to commence upon sale<br>• Last sold/Price: Registered in August 2023; valuation assessed as $1,950,000 in February 2024 (Available on request)<br>• Vacancy: Tenanted (3-year lease) / 3-6 month if vacant<br>• Flood Zone: No<br><br>Property Features<br>• Land Area: 660 sqm<br>• Building Area: 463 sqm<br>• Car spaces: 6 marked spaces<br>• Frontage: 15 meters (Launceston Street)<br>• Signage: Yes, but average exposure due to cul-de-sac<br>• Fit Out: Newly constructed with high-standard finishes<br>• Lifts: No<br>• Roller Doors: Yes<br>• Zoning: Industrial 3 (IN3Z)