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6-14 Wells Rd 1,679 SF Industrial Condo Unit in Oakleigh, VIC 3166
Investment Highlights
- Total building area of approximately 156 square meters with functional design.
- Secure three-year lease from August 2025 at $35,000 per annum plus outgoings and GST.
- Situated in an accessible Oakleigh location with strong transport connectivity.
- First-floor office space finished to a high standard for enhanced business utility.
- Fixed annual rental increases of 4%, providing incremental income growth.
- No GST payable on the purchase price, simplifying settlement considerations.
Executive Summary
6-14 Wells Road, is an industrial estate with 5 buildings comprising several warehouse spaces. The site is in proximity to major arterials including Warrigal Road, North Road, and the Monash Freeway while benefitting from the broader Oakleigh industrial district’s connectivity and amenity base.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 34\PS737383 |
| Sale Type | Investment |
| APN/Parcel ID | 34\PS737383 |
Description
Spanning approximately 156 square meters, the property combines practical warehousing with a beautifully designed first-floor office, offering both operational efficiency and a professional work environment.
Sale Notes
This modern office-warehouse presents a smart investment opportunity in the thriving Oakleigh industrial precinct. Currently secured with a new lease term, the asset delivers immediate income stability for investors. The lease commenced in August 2025 and runs for three years, with an annual rental of $35,000 per annum plus outgoings and GST, and includes fixed annual increases of 4%. With a reliable tenant in place and no GST payable on the transaction, this property creates a compelling combination of risk mitigation and predictable growth.
Located within a popular business hub, the address offers easy access to Warrigal Road, Princes Highway, Huntingdale Road, North Road, and the M1 Freeway, ensuring convenient connectivity to Melbourne CBD and key surrounding markets. Proximity to rail and bus networks, coupled with nearby commercial amenities, further enhances its appeal to occupiers and investors alike.
This asset aligns with long-term growth strategies in one of Melbourne’s most sought-after tightly held industrial regions.
Located within a popular business hub, the address offers easy access to Warrigal Road, Princes Highway, Huntingdale Road, North Road, and the M1 Freeway, ensuring convenient connectivity to Melbourne CBD and key surrounding markets. Proximity to rail and bus networks, coupled with nearby commercial amenities, further enhances its appeal to occupiers and investors alike.
This asset aligns with long-term growth strategies in one of Melbourne’s most sought-after tightly held industrial regions.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 34 | 1,679 SF | Industrial | Upon Request | - |
Unit 34
| Unit Size |
| 1,679 SF |
| Condo Use |
| Industrial |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 34
| Unit Size | 1,679 SF |
| Condo Use | Industrial |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 34\PS737383 |
| Description | |
| Spanning approximately 156 square meters, the property combines practical warehousing with a beautifully designed first-floor office, offering both operational efficiency and a professional work environment.</li></ul> | |
| Sale Notes | |
| This modern office-warehouse presents a smart investment opportunity in the thriving Oakleigh industrial precinct. Currently secured with a new lease term, the asset delivers immediate income stability for investors. The lease commenced in August 2025 and runs for three years, with an annual rental of $35,000 per annum plus outgoings and GST, and includes fixed annual increases of 4%. With a reliable tenant in place and no GST payable on the transaction, this property creates a compelling combination of risk mitigation and predictable growth.<br> <br> Located within a popular business hub, the address offers easy access to Warrigal Road, Princes Highway, Huntingdale Road, North Road, and the M1 Freeway, ensuring convenient connectivity to Melbourne CBD and key surrounding markets. Proximity to rail and bus networks, coupled with nearby commercial amenities, further enhances its appeal to occupiers and investors alike.<br> <br> This asset aligns with long-term growth strategies in one of Melbourne’s most sought-after tightly held industrial regions.</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.
| Total Building Size | 12,637 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 12,637 SF |
| Property Subtype | Warehouse | Lot Size | 0.50 AC |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Total Building Size | 12,637 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 12,637 SF |
| Lot Size | 0.50 AC |
| Parking Ratio | 0.95/1,000 SF |
Amenities
- Fenced Lot
- Automatic Blinds
1 1
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6-14 Wells Rd
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