Braeside

SECURE INDUSTRIAL INVESTMENT - LONG-TERM TENANT

Appleby Commercial is pleased to present 2/24 Braeside Drive, Braeside for sale by Expressions of Interest, closing Thursday 19 November 2026 at 2:00pm AEDT, unless sold prior.

This street-fronting industrial investment offers a well-established tenancy within one of Melbourne’s recognised south-eastern industrial precincts.

Comprising approximately 261 sqm of building area on a 377 sqm landholding, the property is constructed with concrete panel walls and benefits from three-phase power, providing functional accommodation for the current food manufacturing use.

The property is securely leased to Prestige Foods Australia, a long-standing tenant, with the current lease extending through to 30 September 2031 and providing two further options of five years.

Property Highlights

• Building area: 261 sqm approx.
• Land area: 377 sqm approx.
• Street-fronting industrial warehouse
• Concrete panel construction
• Three-phase power
• Long-standing food manufacturing tenant
• Current rental: $54,346.32 p.a. + GST + outgoings
• Lease expiry: 30 September 2031
• Further terms: 2 x 5-year options
• Established Braeside industrial location

Positioned within the established Braeside industrial precinct, the property offers convenient access to key arterial roads and Melbourne’s broader south-eastern transport network.

With a secure lease profile, established tenant and functional industrial improvements, 2/24 Braeside Drive, Braeside presents an appealing opportunity for private investors, SMSFs and commercial property buyers seeking a long-term industrial investment.

Expressions of Interest close Thursday 19 November 2026 at 2:00pm AEDT, unless sold prior.