830-850 Princes Hwy - Units 1-12 & 33-41 2,755 SF Industrial Condo Unit in Springvale, VIC 3171

Unit 38 at 830-850 Princes Highway sits within Springvale’s Merring Business Park and offers approximately 256 sqm of space configured as warehouse and office, including a 30 sqm office component. Features include up to 8 meters of warehouse clearance, container-height roller door, and on-site parking. Currently leased on a new 2+2+2 term commencing February 2025, the property delivers starting income of $44,800 per annum plus GST and outgoings, with fixed annual increases of 4%. The site is gated and positioned in a high-demand business park along Princes Highway, approximately 26 km southeast of Melbourne CBD.

Knight Frank proudly presents a premier investment opportunity within the tightly held and highly regarded Merring Business Park at Unit 38, 830-850 Princes Highway, Springvale. This brand-new industrial asset offers secure income with a newly executed lease in one of Springvale’s most in-demand business parks, where vacancy remains exceptionally low.
The property comprises a total building area of approximately 256 sqm*, featuring a well-appointed carpeted ground-floor office of 30 sqm* and a high-clearance warehouse with up to 8 meters in internal height. Operational efficiency is supported by container-height roller door access and three allocated on-site car spaces within a securely gated environment.
The asset’s strategic location along Princes Highway ensures unparalleled accessibility to major road networks, including EastLink and the Monash Freeway, while proximity to key commercial and industrial nodes enhances its long-term growth prospects. Underpinned by a strong rental covenant, structured annual reviews, and a modern design, this property represents a compelling, low-risk opportunity for investors seeking stability and capital appreciation potential.
Available now via private sale, this investment combines security, quality, and location in a single premium offering.