![]() Asset Class: | Industrial |
![]() Price: | $ 300000 |
![]() Net Yield: | 6.07 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Pre Market |
<b>A Secure & Accessible Entry into Commercial Property Investment</b><br><br>This investment offers a hassle-free entry into the commercial property market, making it ideal for first-time investors looking for a low-risk, high-return asset. With a brand-new, low-maintenance warehouse, a secure lease in place from settlement, and a versatile industrial space in a growing regional hub, this opportunity provides stable income with minimal involvement.<br><br>Industrial properties like this are highly sought after due to their affordable price points, strong tenant demand, and long-term capital growth potential. With secure rental income from a well-established developer, this deal removes the uncertainty of finding a tenant, allowing investors to enter the market with confidence.
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Is this lease a leaseback arrangement?
<b>Population and Growth</b><br><br>The Greater Warrnambool region, encompassing the City of Warrnambool and surrounding areas within the Shire of Moyne, serves as a pivotal regional hub in South-West Victoria. The City of Warrnambool has a population of approximately <b>35,000</b>, while the broader region services a catchment area of <b>100,000+ people</b>, reflecting its significance as a central service provider.<br><br><b>Economic Significance</b><br><br>The economic landscape of the Greater Warrnambool region is robust, with the City of Warrnambool contributing significantly to the regional economy.<br><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-style:normal;"><b>Gross Regional Product (GRP):</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> The City of Warrnambool's GRP is approximately </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>$2.4 billion</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, representing a substantial portion of the Great South Coast region’s total economic output.<br></span></p></li></ul><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-style:normal;"><b>Employment Hub:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> The city supports over </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>18,500 jobs</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, acting as a key employment center for the region.<br></span></p></li></ul><br><br><b>Key Industries</b><br><br>The region boasts a diversified economy, spanning several high-performing sectors:<br><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-style:normal;"><b>Healthcare and Social Assistance:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> The largest employment sector, reflecting Warrnambool’s status as a regional healthcare center.<br></span></p></li></ul><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-style:normal;"><b>Retail Trade:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> A significant contributor to local employment and economic activity, supported by a strong tourism industry.<br></span></p></li></ul><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-style:normal;"><b>Education and Training:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Home to Deakin University and South West TAFE, enhancing the city’s workforce and skills development.<br></span></p></li></ul><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-style:normal;"><b>Agriculture and Manufacturing:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Warrnambool serves as a key service and processing hub for the surrounding dairy, meat, and farming industries.<br></span></p></li></ul><br><br><b>Strategic Importance</b><br><br>The Greater Warrnambool region plays a crucial role in Victoria’s broader economic landscape:<br><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-style:normal;"><b>Regional Service Center:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Warrnambool is the primary hub for healthcare, education, professional services, and infrastructure for a population of over </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>100,000 people</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.<br></span></p></li></ul><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-style:normal;"><b>Tourism Destination:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Attracting over </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>700,000 visitors annually</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, the city benefits from a thriving hospitality and retail sector.<br></span></p></li></ul><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-style:normal;"><b>Growing Industrial and Commercial Demand:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> A combination of population growth, business expansion, and infrastructure investment is driving demand for commercial and industrial real estate.<br></span></p></li></ul><br><br><b>Conclusion</b><br><br><p style=""><span style="font-weight:normal;">With steady population growth, a strong economic base, and increasing industrial demand, Warrnambool represents a prime location for commercial and industrial investment. The city’s role as a regional service hub, combined with stable employment and economic diversity, ensures long-term capital appreciation and strong rental demand.</span></p>
Additional Location Information File<b>PIRBIS</b> is a Melbourne-based property development and investment company with over 20 years of experience, specializing in industrial and commercial spaces. Their focus is on functionality, durability, and modern design, ensuring their developments meet the needs of businesses and investors alike.<br><br>As both the developer and initial tenant, PIRBIS has committed to a secure 18-month lease from settlement, providing investors with a stable rental income. Their involvement in both the construction and tenancy of the property reflects their confidence in the long-term value of the development.<br>
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No direct comparables in the area. Currently no similar properties for lease in the region.
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✔️ <b>Secure 18-month lease to PIRBIS</b>, providing immediate rental income.<br><br>✔️ <b>6.07% net yield</b>, ensuring strong cash flow.<br><br>✔️ <b>Newly constructed, low-maintenance property</b> with <b>strong depreciation benefits</b>.<br><br>✔️ <b>High-spec industrial design</b> with premium construction quality.<br><br>✔️ <b>Great location</b> in a growing regional economic hub.<br><br>✔️ <b>Versatile, high-demand asset</b>, attracting a broad range of tenants in an affordable price range<br><br><span style="color:rgb(51, 51, 51);">✔️ </span><span style="color:rgb(51, 51, 51);"><b>Potential 50% stamp Duty concession</b></span><span style="color:rgb(51, 51, 51);"> for properties bought in this region</span><br><br><b>Financial Metrics:</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Purchase Price: $300,000</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Annual Rent: $18,200</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Yield: 6.07%</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Lettable Area (NLA): 87m²</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Lease Term: 18-month lease</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Sale Price per m2: $3,448/m2</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Rent per m2: $209/m2</span></p></li></ul><br>Robson Park is designed for <b>flexibility</b>, catering to a <b>broad range of business and personal uses</b>.<br><br><b>Ideal for:</b><br><br>✔ <b>Small businesses & trade services</b> needing workshop space<br><br>✔ <b>E-commerce & online retailers</b> requiring secure storage<br><br>✔ <b>Logistics & distribution</b> companies<br><br>✔ <b>Personal storage</b> (boats, vehicles, equipment)<br><br>✔ <b>Investors seeking strong rental yields & capital growth</b><br><br><p style=""><span style="font-weight:normal;">This multipurpose nature ensures consistent tenant demand, making it a low-risk, high-return investment.</span></p>