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13-15 Compark Circuit 2 Office Properties in Mulgrave
Investment Highlights
- Two substantial office buildings with a combined NLA of approximately 5,851 sqm* and 226 on-site car spaces.
- Offered together or individually, providing outstanding flexibility for investors or owner-occupiers.
- Fully leased income estimated at more than $2 million per annum with immediate value-add potential.
- Significant landholding of 8,339 sqm* in the Monash Health and Technology Innovation Precinct.
- ESG-compliant features including solar PV systems (110 kW and 30 kW) and LED lighting.
- Located in Victoria’s largest metropolitan employment hub, home to leading institutions such as Monash University and CSIRO.
Executive Summary
An extraordinary investment opportunity within Melbourne’s leading health, education, and technology precinct. 13–15 Compark Circuit, Mulgrave presents a landmark dual-building offering in the Monash Employment and Innovation Cluster—the city’s largest employment hub outside the CBD and one of Australia’s premier life science and R&D precincts.
Comprising two freestanding buildings on separate titles, the asset delivers a combined net lettable area of approximately 5,851 sqm* together with 226 on-site car bays across an expansive 8,339 sqm* landholding. Each property features highly adaptable floorplates with four sides of natural light, solar PV systems, and LED lighting to support ESG requirements.
Positioned in a precinct anchored by Monash University, the Victorian Heart Hospital, CSIRO, and the Australian Synchrotron, this offering benefits from substantial infrastructure investment and an estimated fully leased income potential exceeding $2 million per annum. Purchasers have the flexibility to buy individually or in one line, securing a land-rich asset below replacement cost with excellent repositioning and redevelopment potential (STCA).
Comprising two freestanding buildings on separate titles, the asset delivers a combined net lettable area of approximately 5,851 sqm* together with 226 on-site car bays across an expansive 8,339 sqm* landholding. Each property features highly adaptable floorplates with four sides of natural light, solar PV systems, and LED lighting to support ESG requirements.
Positioned in a precinct anchored by Monash University, the Victorian Heart Hospital, CSIRO, and the Australian Synchrotron, this offering benefits from substantial infrastructure investment and an estimated fully leased income potential exceeding $2 million per annum. Purchasers have the flexibility to buy individually or in one line, securing a land-rich asset below replacement cost with excellent repositioning and redevelopment potential (STCA).
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 2 |
| Sale Type | Investment or Owner User | Total Building Size | 62,979 SF |
| Status | Active | Total Land Area | 2.06 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 62,979 SF |
| Total Land Area | 2.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 15 Compark Cct, Mulgrave VIC 3170 | Office | 31,818 SF | 2006 | - |
| 13 Compark Cct, Mulgrave VIC 3170 | Office | 31,161 SF | 2006 | - |
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13-15 Compark Circuit
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