836 Mountain Highway, Bayswater is a highly functional office warehouse conveniently located approximately 33km east of the Melbourne CBD. The property enjoys a strategic location with main road frontage and convenient proximity to Eastlink and the Eastern Freeway.
The property is 100% leased to Rosebank Engineering, a subsidiary of the ASDAM Group, on a new 11-year triple-net lease until January 2036. With guaranteed income growth, this prime Industrial 1 zoned property represents an exceptional investment and landbanking opportunity not to be missed!
Key features of the offering include:
- New 11-year triple-net lease to Rosebank Engineering expiring January 2036
- Significant rental increase to $1,268,550 p.a.* from January 2026 onwards (107% increase)
- Gross lettable area of 8,457sqm* (office/warehouse)
- A capital works program to upgrade the existing base building is currently underway, which is funded by the tenant’s lease incentive and managed by the tenant
- 1.87ha* high exposure Industrial 1 zoned site
- Over 294m* of combined corner frontage
*approx.