A rare opportunity to purchase a warehouse in the booming industrial estate of Carrum Downs. Located on the tightly held Frankston Gardens Drive within close proximity to Peninsula Link and Eastlink on/off ramps. Properties of this size don't become available often.
Currently tenanted on a month to month bases by "Victorian Strength Club" this property can be purchased by an investor who wishes to keep the tenant in the property or an owner occupier.
Key features include:
* Total building area: 170sqm*
* Inclusive of a 20sqm* ground floor office
* Warehouse height up to 7m* high
* 5m* high motorised roller door
* 3 phase power
* 2kw solar system
* Current rental income of $21,000 p.a. + GST + Outgoings
* 2 onsite carspaces
* Complex fully fenced with motorised gates
For further information or to arrange an inspection, please contact:
James Dodge
PLEASE NOTE:
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
The size of Carrum Downs is approximately 20.2 square kilometres. It has 46 parks covering nearly 3.6% of total area. The population of Carrum Downs in 2016 was 20711 people. By 2021 the population was 21976 showing a population growth of 6.1% in the area during that time. The predominant age group in Carrum Downs is 30-39 years. Households in Carrum Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrum Downs work in a trades occupation.In 2021, 69.80% of the homes in Carrum Downs were owner-occupied compared with 67.90% in 2016.
Carrum Downs has 12,748 properties. Over the last 5 years, Houses in Carrum Downs have seen a 29.51% increase in median value, while Units have seen a 32.95% increase. As at 31 March 2026:
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