Bayswater North

PRIME INDUSTRIAL INVESTMENT - SECURE LEASE

Appleby Commercial is pleased to offer 1/16 Turbo Drive, Bayswater North to the market for private sale – an outstanding opportunity to acquire a high-quality industrial facility with the security of long term lease.

Key Investment Highlights

• New 5-year lease commencing 1 July 2025 with two further 3-year options
• Commencing rental: $73,656 per annum + GST & outgoings (excluding land tax as retail tenant)
• Annual CPI increases plus market reviews at each term
• No GST payable – sold as a going concern

Property Features

• Total building area: 447 sqm* (plus additional 64 sqm* rear yard)
• Warehouse: 308 sqm*
• Offices: 139 sqm*
• Rear yard area: 64 sqm*
• 6m high-clearance warehouse with excellent truck access
• Electric roller door
• On-site car parking
• Street frontage exposure
• Male & female amenities plus kitchenette

Location Benefits

• Situated within the tightly held Bayswater North Industrial Precinct
• Excellent access to Canterbury Road and Eastlink
• Close to Bayswater and Boronia Train Stations
• Supported by strong surrounding industrial and commercial businesses

This property represents a rare investment opportunity in Melbourne’s east, combining a quality building with secure lease income and growth potential.

For further information or to arrange an inspection, please contact Appleby Commercial today on (03) 8727 9555.