 Asset Class: | Office |
 Price: | $ 590000 |
 Net Yield: | 6.11 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<span style="color:rgb(0, 0, 0);">Situated within the vibrant and highly sought-after Unipark business precinct, Suite 6AB, Level 1, Building 2 at 195 Wellington Road, Clayton, presents a prime commercial office investment with exceptional tenant security. Developed by CGA Bryson in 2008, Unipark is a premier, master-planned business park offering a dynamic and professional environment within Melbourne’s thriving Monash employment and innovation cluster. The precinct features modern facilities, extensive on-site amenities, and beautifully landscaped surroundings that promote productivity and work-life balance.</span><br><br><span style="color:rgb(0, 0, 0);">Unipark's strategic location provides seamless access to major transport links, including the Monash Freeway (M1), Princes Highway, and the upcoming Suburban Rail Loop, enhancing connectivity and appeal to diverse industries. It is positioned at the heart of Melbourne’s ‘knowledge corridor,’ adjacent to Monash University, the Melbourne Synchrotron, and key research and technology hubs, attracting businesses in education, healthcare, technology, and professional services.</span><br><br><span style="color:rgb(0, 0, 0);">This property offers a secure 4-year lease to </span><span style="color:rgb(0, 0, 0);padding-left:0px;">Caravan and Residential Parks Victoria, an association formed in 1964 to protect, promote and advance the Victorian caravan park industry</span><span style="color:rgb(0, 0, 0);">, providing a reliable income stream of $39,361 per annum with 2.5% fixed annual increases. The suite features a modern, high-quality fit-out, strong tenant covenant, and promising future growth potential. Additionally, the property includes three secure car parks, offering convenience and added value for both tenants and visitors.</span><br><br><span style="color:rgb(0, 0, 0);">With its professional atmosphere, robust tenant mix, ample parking, and future value appreciation driven by upcoming infrastructure developments, Suite 6AB delivers stability and enduring value in Melbourne’s dynamic Monash precinct.</span>
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<span style="color:rgb(0, 0, 0);">Clayton, situated approximately 19 km southeast of Melbourne’s CBD, is a thriving suburb within the City of Monash. Known for its diverse community, educational institutions, and strong commercial presence, Clayton offers a balanced mix of residential, industrial, and academic appeal. With approximately 20,000 residents, with steady growth driven by its proximity to Monash University and employment hubs.</span><br><br><span style="color:rgb(0, 0, 0);"><b>Education & Employment:</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Education Hub: Monash University’s Clayton campus is one of Australia’s premier tertiary institutions, attracting over 30,000 students annually. The Monash Medical Centre and Monash Children’s Hospital further enhance the suburb's reputation as an education and research hub.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Employment Sectors: Key employment sectors include education and research, healthcare, retail, and professional services. The Monash Technology Precinct and UniPark business park support a wide range of industries, contributing to local economic stability.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Transport & Connectivity:</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Public Transport: Clayton Train Station is on the Cranbourne and Pakenham lines, offering a direct route to Melbourne's CBD. The area is also serviced by several bus routes.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Road Access: Major arterials, including the Monash Freeway (M1) and Princes Highway, provide easy access to surrounding suburbs and Melbourne Airport.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Future Infrastructure: The upcoming Suburban Rail Loop (SRL) will connect Clayton to other major employment and education hubs, boosting accessibility and investment potential.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Residential Market:</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Housing Stock: Clayton offers a mix of housing types, from traditional detached homes to modern apartments and student accommodation.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Property Values: The median house price in Clayton is approximately $1.2 million, with median unit prices around $600,000. The area maintains strong rental demand, with median rents of approximately $500 per week for houses and $400 per week for units.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Rental Market: High demand from students and healthcare professionals ensures low vacancy rates and stable rental yields.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Lifestyle & Amenities:</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Retail & Dining: The Clayton Road shopping strip features a variety of international cuisines, specialty stores, and everyday services. Chadstone Shopping Centre, one of the largest in Australia, is just a short drive away.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Parks & Recreation: The suburb is home to green spaces such as Namatjira Park and Keeley Park. The Monash Aquatic & Recreation Centre offers extensive fitness and leisure facilities.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Healthcare: Monash Medical Centre and nearby healthcare facilities provide high-quality medical services to the community.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Investment Highlights:</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Economic Drivers: Anchored by Monash University, major hospitals, and thriving business precincts.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Development Potential: Rezoning and infrastructure projects, including the SRL, are enhancing local opportunities.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Consistent Growth: Strong historical capital growth and low residential and commercial vacancy rates.</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Strategic Location: Well-positioned between Melbourne’s CBD and the Dandenong industrial corridor.</span></p></li></ul>
Additional Location Information File<b>Caravan and Residential Parks Victoria</b><br><br>Formed in 1964 to protect, promote and advance the Victorian caravan park industry, the association represents, advocates for, and supports member caravan parks, residential land lease communities, and industry suppliers to optimise their viability, profitability, sustainability and connection with each other.<br><br>The objectives of Caravan and Residential Parks Victoria are to:<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;">Achieve a better business environment for caravan park and residential land lease members</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;">Achieve more capable and compliant park operators</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;">Achieve Associate member satisfaction with their relationship with the Association</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;">Promote industry success and consumer benefits of caravanning and camping and living in residential land lease communities</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;">Build and promote a financially strong, capable, well connected Association with a growing membership</span></p></li></ul><br>Association membership covers caravan parks, residential land lease communities and industry suppliers. Current membership represents approximately 80 percent of the total number of caravan parks in Victoria, with approximately 380 Park Members along with a further 75 industry supplier Associate Members.<br>The Association is governed by a Committee of Management, with the operation of the organisation administered by a highly capable team led by Chief Executive Officer, Scott Parker. The Association’s administration is based in Clayton, Victoria.
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Suite 6AB, Level 1, Building 2, 195 Wellington Road, Clayton $34,794 104sqm $357psqm Suite 6AA, Level 1, Building 2, 195 Wellington Road, Clayton $34,794 104sqm $335psqm Unipark Monash, Suite 16, 195 Wellington Road, Clayton $69,300 231sqm $ 300psqm Unipark Monash, Suite 50, Building 4, 195 Wellington Road, Clayton $17,500 72sqm $243psqm Unipark Monash, Suite 63, 195 Wellington Road, Clayton $110,000 321sqm $343psqm Unipark Monash, Suite 2, Building 2, 195 Wellington Road Clayton $39,361 110sqm $358psqm
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">4-Year Lease: Commencing in Janurary 2024, providing a reliable income stream of $39,361 per annum plus GST, with fixed 2.5% annual rental increases.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Strong & Establihsed Tenant: Caravan and Residential Parks Victoria, an association formed in 1964 to protect, promote and advance the Victorian caravan park industry.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Excellent Lease Terms: Tenant covers all usual outgoings, supported by a 6-month rent bank guarantee.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Strategic Location: Minutes away from Monash University and nearby train stations with great access to arterial highways such as Eastern Freeway, Monash freeway (M1) and Wellington road enhancing accessibility.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">Affluent Suburb: Clayton boasts a median house price of approximately $1.2 million with approximately 20,000 residents </span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">High Quality Fit out: Over $100k spent on office Fit out to a high Spec including timber floors (no lamination or plastic boards), New York style office and kitchen and an abundant of natural lighting. </span></p></li></ul>
