129 Merrindale Drive Croydon South VIC 3136

JLL is delighted to exclusively offer for sale, 129 Merrindale Drive, Croydon South, via Expressions of Interest closing Thursday, September 26th at 4pm (AEST).

The property presents a rare opportunity for owner-occupiers and investors alike to secure a premium industrial work horse or logistics facility in Melbourne's tightly held Eastern industrial precinct of Croydon South. Perfectly suited for businesses seeking a strategically positioned site with exceptional logistics capabilities, including high power, crane infrastructure and all-weather loading canopies. Strategically located in the heart of Croydon South's industrial precinct, just 32km* from Melbourne's CBD, offering seamless access to major arterial roads such as Dorset Road, Canterbury Road, and EastLink.

Property highlights:
+ Total building area: 4,134sqm*
+ Double storey office & amenities: 426sqm*
+ Total site area: 6,516sqm*
+ 2 x 5-tonne overhead cranes
+ Provisions for additional 10-tonne cranes
+ Seven (7) on grade roller doors for efficient access
+ High clearance warehouse with up to 9m springing height
+ 64 marked car spaces on-site
+ Securely fenced & gated

Investment Highlights:
+ Short term income underpinned by ASX listed: Reliance Worldwide Corporation
+ Current lease expiring 31st December 2024, returning $452,481.05p.a
+ Access market reversion, reposition or access with vacant possession in the near term.

Melbourne's Eastern industrial market continues to see significant rental growth, driven by sustained demand and minimal vacancy rates. The superior quality and strategic location of 129 Merrindale Drive make it an unparalleled opportunity.

Contact the exclusive selling agents at JLL for further information including IM, contract documents and building plans.

All inspections must be booked in advance.