154 Highbury Road Burwood VIC 3125

Gross Waddell ICR is pleased to offer this strategic industrial investment located at 154 Highbury Road, Burwood. Nestled near the corner of Highbury Road and Huntingdale Road, the property is securely leased to an education powerhouse, Deakin University, and features an extremely capital intensive fit-out.

The property has the following investment highlights:

100% leased to Deakin University and trading as the Battery Research and Innovation Hub

Deakin University has a 50+ year history and has grown to be one of the top universities worldwide

Landlord-favourable net lease, with land tax recoverable

Substantial income profile with a rental income of $391,140 net per annum*

Prime 2,318 sqm* office and warehouse with 36 on-site car parks

Deakin University has spent significant capital fitting out the facility, making it difficult to relocate

5-year lease from 1st November 2021 with two further 3-year options

High-clearance warehouse with rear RSD within a flexible Industrial 1 Zoning (INlZ)

Positioned in close proximity to Deakin University's main campus in Burwood and the proposed SRL train station

Easy connectivity to Burwood Highway, Warrigal Road, and Monash Freeway

The property is for sale via an Expressions of Interest campaign closing Wednesday the 21st of May 2025 at 3 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

*Approx.