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Investment Highlights

  • Prominent corner site with dual street frontages in Alphington’s established industrial precinct.
  • Close to key retail destinations including Ivanhoe Shopping Centre and Northland Shopping Centre.
  • Secure lease in place with Stoke, a recognized leader in premium fireplace manufacturing.
  • Robust city fringe location supported by strong transport links and urban growth.

Executive Summary

This corner industrial property in Alphington represents an outstanding investment opportunity in one of Melbourne’s most tightly held inner-city precincts. Encompassing approximately 552 square meters of building area on a landholding of approximately 724 square meters, the site benefits from Industrial 3 zoning and dual street frontages for maximum visibility. The building is fully leased to Stoke, a nationally recognized market leader in premium fireplace products, providing income security and investment confidence.
Strategically located in close proximity to Ivanhoe Shopping Centre, Fairfield Village, and Northland Shopping Centre, the property offers excellent connectivity to Melbourne’s CBD and key business hubs via the Eastern Freeway and major arterial routes. This connectivity, combined with its position near public transport services including multiple train stations and bus routes, ensures ongoing desirability for both tenants and investors.
With a position in the well-established Alphington/Fairfield industrial belt, opportunities to acquire high-exposure buildings of this nature are rare. This asset allows the purchaser to secure long-term value supported by steady tenant demand and minimal vacancy risk in a sought-after city fringe location.

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype Showroom
Building Class C
Lot Size 0.18 AC
Rentable Building Area 5,942 SF
No. Stories 1
Tenancy Single
Parking Ratio 0.5/1,000 SF
No. Drive In / Grade-Level Doors 1

Amenities

  • Accent Lighting
  • Automatic Blinds
  • Listing ID: 40151734

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 202 Grange Rd, Alphington, VIC 3078

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