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196 Turner St 9,579 SF Flex Condo Unit in Port Melbourne, VIC 3207

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Investment Highlights

Modern office and warehouse facility with high-quality finishes.
Direct street access and secure on-site parking for staff and visitors.

Two-level office component featuring contemporary design and functional layouts.
Excellent connectivity to West Gate Freeway, CityLink, Melbourne CBD, and the Port of Melbourne.

Executive Summary

196 Turner Street is a modern office and warehouse facility located in Port Melbourne, within Melbourne’s established city-fringe industrial and commercial precinct. The property features a contemporary two-level office with high-quality finishes and a functional warehouse component, designed to accommodate a range of business operations. It includes secure on-site parking and direct street access, enhancing convenience for occupiers. The site is strategically positioned less than 3 km from Melbourne’s CBD and offers excellent connectivity to major arterials including the West Gate Freeway and CityLink, as well as proximity to the Port of Melbourne. The surrounding area is characterized by strong industrial activity, corporate offices, and access to public transport, reinforcing its appeal for logistics, warehousing, and commercial users.

1 Unit Available

-
9,579 SF
Flex
Upon Request
$249,633.13 CAD

Sale Type	Investment	No. Parking Spaces	8

Sale Type	Investment
No. Parking Spaces	8

Description

196 Turner Street offers a premium office/warehouse facility in the heart of Port Melbourne, less than 3 km from Melbourne’s CBD. This modern property features a two-level corporate office with a striking “floating container” boardroom, complemented by high-quality fit-out including meeting rooms, reception, and product display areas.

The warehouse component provides direct street access and is designed for efficient operations, making the property suitable for a range of industrial and commercial uses. Additional benefits include secure on-site parking and a functional layout that supports both office and warehouse requirements.

Currently leased to the State Government until 30 September 2027, the property delivers a strong income stream with no further options, offering flexibility for future occupation or repositioning.

Sale Notes

An outstanding opportunity to secure a high-quality office/warehouse investment in one of Melbourne’s most sought-after city-fringe locations. 196 Turner Street combines a modern two-level corporate office with a functional warehouse, creating a versatile facility ideal for a range of uses.

The property is currently leased to the State Government until 30 September 2027, generating a net income of $254,000 per annum plus GST. With no further options, this asset provides investors with secure income today and flexibility for future occupation or redevelopment.

Strategically positioned less than 3 km from Melbourne’s CBD, the property offers excellent connectivity to major arterials including the West Gate Freeway and CityLink, as well as proximity to the Port of Melbourne. This is a rare chance to acquire a premium industrial investment in a tightly held precinct with strong long-term growth potential.

Unit	Unit Size	Condo Use	Price	NOI
-	9,579 SF	Flex	Upon Request	$249,633.13 CAD

Unit Size

9,579 SF

Condo Use

Flex

Price

Upon Request

NOI

$249,633.13 CAD

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Unit Size	9,579 SF
Condo Use	Flex
Price	Upon Request
NOI	$249,633.13 CAD
Sale Type	Investment
No. Parking Spaces	8
Description
196 Turner Street offers a premium office/warehouse facility in the heart of Port Melbourne, less than 3 km from Melbourne’s CBD. This modern property features a two-level corporate office with a striking “floating container” boardroom, complemented by high-quality fit-out including meeting rooms, reception, and product display areas.<br> <br> The warehouse component provides direct street access and is designed for efficient operations, making the property suitable for a range of industrial and commercial uses. Additional benefits include secure on-site parking and a functional layout that supports both office and warehouse requirements.<br> <br> Currently leased to the State Government until 30 September 2027, the property delivers a strong income stream with no further options, offering flexibility for future occupation or repositioning.</li></ul>
Sale Notes
An outstanding opportunity to secure a high-quality office/warehouse investment in one of Melbourne’s most sought-after city-fringe locations. 196 Turner Street combines a modern two-level corporate office with a functional warehouse, creating a versatile facility ideal for a range of uses.<br> <br> The property is currently leased to the State Government until 30 September 2027, generating a net income of $254,000 per annum plus GST. With no further options, this asset provides investors with secure income today and flexibility for future occupation or redevelopment.<br> <br> Strategically positioned less than 3 km from Melbourne’s CBD, the property offers excellent connectivity to major arterials including the West Gate Freeway and CityLink, as well as proximity to the Port of Melbourne. This is a rare chance to acquire a premium industrial investment in a tightly held precinct with strong long-term growth potential.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.