 Asset Class: | Industrial |
 Price: | $ 4500000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
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<span style="color:rgb(51, 51, 51);">A rarely available freehold industrial asset, </span><span style="color:rgb(51, 51, 51);"><b>9 Kingston Town Close, Oakleigh</b></span><span style="color:rgb(51, 51, 51);"> presents an unmatched opportunity to secure a prime investment in Melbourne’s most tightly held industrial corridor.</span><br><br><span style="color:rgb(51, 51, 51);">With industrial cap rates in South-East Melbourne typically in the 5% range, acquiring this property at a 6% net yield provides outstanding value in a high-demand, low-vacancy market.</span><br><br><span style="color:rgb(51, 51, 51);">With an 18-month leaseback at market rent and a 6-month option, investors benefit from secure rental income with flexibility for future repositioning and even vacant sale in a strong owner occupier market.</span>
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<span style="color:rgb(51, 51, 51);"><b>City of Monash</b></span><br><br><span style="color:rgb(51, 51, 51);">The City of Monash is one of Melbourne’s most economically and industrially significant municipalities, covering key suburbs such as Oakleigh, Clayton, Mount Waverley, and Mulgrave. It is a major employment hub, hosting large-scale industries, businesses, and research institutions.</span><br><br><span style="color:rgb(51, 51, 51);"><b>Demographics & Population Growth</b></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="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Current Population (2024 Estimate): Approximately 210,000 residents</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;">Projected Population (2036): Expected to exceed 250,000 residents, reflecting steady annual growth driven by urban development and infrastructure projects</span></p></li></ul><br><span style="color:rgb(51, 51, 51);"><b>Low Vacancy Rates & Strong Demand Driving Rental Growth</b></span><br><br><span style="color:rgb(51, 51, 51);">South-East Melbourne is Victoria’s most in-demand industrial precinct, consistently experiencing vacancy rates below 1% due to strong tenant demand and limited supply.</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;">Extremely low industrial vacancy rates are driving rising rental returns and capital appreciation.</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;">Limited land supply in established industrial zones ensures long-term security for investors.</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;">Strategic last-mile logistics positioning enhances ongoing tenant demand and future re-leasing potential.</span></p></li></ul><br><span style="color:rgb(51, 51, 51);">Oakleigh is a prime industrial and logistics precinct, offering immediate connectivity to Melbourne’s major arterial roads and freight corridors.</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;">Immediate access to major roads: Monash Freeway (M1), Princes Highway, Warrigal Road, and Ferntree Gully Road.</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 links: Oakleigh Train Station, Hughesdale Station, and extensive bus routes.</span></p></li></ul><br><span style="color:rgb(51, 51, 51);"><b>17 km</b></span><span style="color:rgb(51, 51, 51);"> from Melbourne CBD</span><br><span style="color:rgb(51, 51, 51);"><b>20 km</b></span><span style="color:rgb(51, 51, 51);"> from Port of Melbourne</span><br><span style="color:rgb(51, 51, 51);"><b>40 km</b></span><span style="color:rgb(51, 51, 51);"> from Melbourne Airport</span>
Additional Location Information File<span style="color:rgb(51, 51, 51);"><b>Peacock Bros. Pty Ltd</b></span><span style="color:rgb(51, 51, 51);"> is a stable, long-established Australian business, </span><span style="color:rgb(51, 51, 51);"><b>founded in 1888</b></span><span style="color:rgb(51, 51, 51);">, and now one of the largest providers of identification, tracking, and mobility solutions across Australia and New Zealand.</span><br><br><span style="color:rgb(51, 51, 51);">With over 135 years of industry experience, the company services key supply chain industries, including transport, manufacturing, retail, and healthcare, ensuring consistent demand for its products and services.</span><br><br><span style="color:rgb(51, 51, 51);"><b>A Strong, Expanding Business with a Secure Future</b></span><br><br><span style="color:rgb(51, 51, 51);">✅ Industry Leader – Trusted by 12,000+ clients, ensuring long-term stability</span><br><br><span style="color:rgb(51, 51, 51);">✅ Strategic Growth – Expanded through multiple acquisitions, strengthening its market position</span><br><br><span style="color:rgb(51, 51, 51);">✅ Diversified Operations – Now operates three major business units under the Peacock Group</span><br><br><span style="color:rgb(51, 51, 51);">✅ Sustainable & Innovative – Committed to high-quality, environmentally responsible solutions</span><br><br><span style="color:rgb(51, 51, 51);">Peacock Bros.' financial strength, industry dominance, and history of steady growth make them a secure, reliable tenant, further enhancing the investment appeal of 9 Kingston Town Close, Oakleigh.</span>
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Address | Total GLA | Rent/m2 9 Kingston Close, Oakleigh | 1527m2 | $177/m2 11 Stamford Road, Oakleigh | 1546m2 | $175/m2 13 Stamford Road, Oakleigh (Office) | 455m2 | $300/m2 1/14 White Street, Oakleigh | 1030m2 | $110/m2 35 Downing Street, Oakleigh | 2012m2 | $201/m2 2 Kingston Town Close, Oakleigh (Office) | 500m2 | $275/m2 35 Connell Road, Oakleigh | 546m2 | $160/m2 1/39-43 Duerdin Street, Notting Hill | 546m2 | $260/m2 15-17 Glenvale Crescent, Mulgrave | 2214m2 | $165/m2 156 Cochranes Road, Moorabbin | 709m2 | $163/m2
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<br><span style="color:rgb(51, 51, 51);">✅ </span><span style="color:rgb(51, 51, 51);"><b>Strategic Industrial Location</b></span><span style="color:rgb(51, 51, 51);"> – Close to major transport hubs & freight corridors</span><br><br><span style="color:rgb(51, 51, 51);">✅ </span><span style="color:rgb(51, 51, 51);"><b>Secure Leaseback</b></span><span style="color:rgb(51, 51, 51);"> – 18-month leaseback at market rent + 6-month option</span><br><br><span style="color:rgb(51, 51, 51);">✅ </span><span style="color:rgb(51, 51, 51);"><b>South-East Melbourne’s Tightest Industrial Market</b></span><span style="color:rgb(51, 51, 51);"> – Vacancy rates below 1%</span><br><br><span style="color:rgb(51, 51, 51);">✅ </span><span style="color:rgb(51, 51, 51);"><b>Below Replacement Cost</b></span><span style="color:rgb(51, 51, 51);"> – Exceptional capital growth potential</span><br><br><span style="color:rgb(51, 51, 51);">✅ </span><span style="color:rgb(51, 51, 51);"><b>Local Cap Rates in the 5% Range – Buying at 6% Provides Great Value</b></span><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;">Price: $4,500,000</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Yield: 6%</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Passing Income: $270,000 p.a.</span></p></li></ul><br><span style="color:rgb(51, 51, 51);"><b>Financial Metrics</b></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="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Purchase Price on Land: $2,592/sqm (Land area: 1,736 sqm)</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Purchase Price on GLA: $2,947/sqm (GLA: 1,527 sqm)</span></p></li><li style="list-style-image:none;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Rent per sqm: $177/sqm</span></p></li></ul><br><span style="color:rgb(51, 51, 51);"><b>Property Breakdown</b></span><br><br><span style="color:rgb(51, 51, 51);">Total GLA: 1,527 sqm</span><br><span style="color:rgb(51, 51, 51);">Warehouse: 884 sqm</span><br><span style="color:rgb(51, 51, 51);">Office: 515 sqm</span><br><span style="color:rgb(51, 51, 51);">Store: 128 sqm</span><br><br><span style="color:rgb(51, 51, 51);">Total Site Area: 1,736 sqm</span><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;">Zoning: Industrial 1 Zone (IN1Z)</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;">Street Frontage: 26.3m</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;">Car Spaces: 8 on-site</span></p></li></ul>
