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830-850 Princes Highway - Units 13-20 2,529 SF Industrial Condo Unit Offered at $985,566 CAD in Springvale, VIC 3171
Investment Highlights
- Modern office/warehouse located in Merring Business Park.
- High-clearance warehouse of approximately 7.5 meters with motorized container-height roller doors.
- Secure estate with multiple automatic security gates and drive-around truck access.
- Dual-level air-conditioned office/showroom offering premium finishes and efficient design.
- Equipped with 3-phase power and LED lighting for cost-effective operations.
- Exceptional location on Princes Highway, providing maximum exposure and direct access to major freeways and local amenities.
Executive Summary
The property is located within an established industrial precinct in Springvale, Victoria, with direct access to Princes Highway and proximity to major arterials such as EastLink and Springvale Road. The site is approximately 1.5 km from Springvale Station and within 4 km of multiple public transport options. The surrounding area comprises a mix of industrial, commercial, and retail uses, supporting a diverse business environment.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 16\PS820732 |
| Sale Type | Owner User |
| APN/Parcel ID | 16\PS820732 |
Description
16/830-850 Princes Highway, Springvale comprises a modern office/warehouse unit totaling 235 sqm within the Merring Business Park. Features include a dual-level office/showroom, 7.5-meter-high-clearance warehouse, motorized roller door, 3-phase power, and LED lighting. The property benefits from estate security with automatic gates and is located along Princes Highway with strong connectivity to major transport routes, including the EastLink and Monash Freeway.
Sale Notes
Knight Frank presents an outstanding opportunity to acquire a high-quality office/warehouse within the acclaimed Merring Business Park development. Perfectly located at 830-850 Princes Highway in Springvale, this property combines modern design and functionality to meet the demands of today’s industrial and commercial users.
Comprising approximately 235 sqm*, the property boasts a versatile layout with a dual-level air-conditioned office/showroom paired with a high-clearance warehouse reaching approximately 7.5 meters in internal height. Efficient access is facilitated by a motorized container-height roller door, supported by remote operation and 3-phase power infrastructure, ensuring compatibility with a range of business operations. LED lighting further enhances the workspace environment.
Situated only 26 km southeast of Melbourne’s CBD, in a precinct renowned for accessibility, the property offers direct connectivity to major arterials including Princes Highway, EastLink, Monash Freeway, and numerous public transport options. The Merring Business Park provides multiple access points, superior security measures including automatic gates, and convenient circulation for larger vehicles via drive-around access.
Available now with a competitive price reduction, this modern, immaculate facility represents a compelling opportunity for occupiers and investors seeking to secure a premium industrial asset in one of Springvale’s most connected business locations.
Comprising approximately 235 sqm*, the property boasts a versatile layout with a dual-level air-conditioned office/showroom paired with a high-clearance warehouse reaching approximately 7.5 meters in internal height. Efficient access is facilitated by a motorized container-height roller door, supported by remote operation and 3-phase power infrastructure, ensuring compatibility with a range of business operations. LED lighting further enhances the workspace environment.
Situated only 26 km southeast of Melbourne’s CBD, in a precinct renowned for accessibility, the property offers direct connectivity to major arterials including Princes Highway, EastLink, Monash Freeway, and numerous public transport options. The Merring Business Park provides multiple access points, superior security measures including automatic gates, and convenient circulation for larger vehicles via drive-around access.
Available now with a competitive price reduction, this modern, immaculate facility represents a compelling opportunity for occupiers and investors seeking to secure a premium industrial asset in one of Springvale’s most connected business locations.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 16 | 2,529 SF | Industrial | $985,566 CAD ($389.71 CAD/SF) | - |
Unit 16
| Unit Size |
| 2,529 SF |
| Condo Use |
| Industrial |
| Price |
| $985,566 CAD ($389.71 CAD/SF) |
| NOI |
| - |
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Unit 16
| Unit Size | 2,529 SF |
| Condo Use | Industrial |
| Price | $985,566 CAD ($389.71 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| APN/Parcel ID | 16\PS820732 |
| Description | |
| 16/830-850 Princes Highway, Springvale comprises a modern office/warehouse unit totaling 235 sqm within the Merring Business Park. Features include a dual-level office/showroom, 7.5-meter-high-clearance warehouse, motorized roller door, 3-phase power, and LED lighting. The property benefits from estate security with automatic gates and is located along Princes Highway with strong connectivity to major transport routes, including the EastLink and Monash Freeway.</li></ul> | |
| Sale Notes | |
| Knight Frank presents an outstanding opportunity to acquire a high-quality office/warehouse within the acclaimed Merring Business Park development. Perfectly located at 830-850 Princes Highway in Springvale, this property combines modern design and functionality to meet the demands of today’s industrial and commercial users.<br> Comprising approximately 235 sqm*, the property boasts a versatile layout with a dual-level air-conditioned office/showroom paired with a high-clearance warehouse reaching approximately 7.5 meters in internal height. Efficient access is facilitated by a motorized container-height roller door, supported by remote operation and 3-phase power infrastructure, ensuring compatibility with a range of business operations. LED lighting further enhances the workspace environment.<br> Situated only 26 km southeast of Melbourne’s CBD, in a precinct renowned for accessibility, the property offers direct connectivity to major arterials including Princes Highway, EastLink, Monash Freeway, and numerous public transport options. The Merring Business Park provides multiple access points, superior security measures including automatic gates, and convenient circulation for larger vehicles via drive-around access.<br> Available now with a competitive price reduction, this modern, immaculate facility represents a compelling opportunity for occupiers and investors seeking to secure a premium industrial asset in one of Springvale’s most connected business locations.</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 | 16,921 SF | Typical Floor Size | 16,921 SF |
| Property Type | Industrial (Condo) | Year Built | 2021 |
| Property Subtype | Warehouse | Lot Size | 5.86 AC |
| Building Class | C | Parking Ratio | 0.12/1,000 SF |
| Floors | 1 |
| Total Building Size | 16,921 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 16,921 SF |
| Year Built | 2021 |
| Lot Size | 5.86 AC |
| Parking Ratio | 0.12/1,000 SF |
Amenities
- Fenced Lot
- Skylights
- Automatic Blinds
- Air Conditioning
- Smoke Detector
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Matterport 3D Exterior
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Street
Map
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830-850 Princes Highway - Units 13-20
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