2-4 Industrial AvenueNotting Hill VIC 3168
Property Details for 2-4 Industrial Ave, Notting Hill
Last Listing description (December 2025)
RWC Glen Waverley are proud to exclusively offer 2-4 Industrial Avenue to market. The smart buyer can Invest Now / Occupy later... or continue to work with the existing operators.
Such short supply of quality corner freeholds locally should ensure a secure, high-performing investment, or work with the existing operators and take advantage of flexible lease expiry then enjoy the location for your business.
2-4 Industrial Avenue represents a rare opportunity to acquire a securely leased asset within the tightly held Monash National Employment and Innovation Cluster (NEIC).
This standalone property is leased to global environmental technology firm Envirosuite Operations Pty Ltd. The asset provides a strong NET income of $113,836.44 p.a.* with a renewed lease and 100% recovery of all outgoings (including Land Tax).
The property features a versatile building area of 710 sqm* on a substantial 1,331 sqm* landholding, offering a functional mix of corporate office, high-clearance warehousing, and dedicated laboratory space.
This is a hard-to-find opportunity underpinned by a world-class location. Surrounded by institutions like Monash University and Monash Medical Centre, the property benefits from unparalleled access to major arterials, including the Monash Freeway (M1).
Key Investment Highlights:
Here is a combined list of the key property highlights without repetition:
• Address: 2-4 Industrial Avenue, Notting Hill VIC 3168
• Current Lease Type: Commercial Lease w/ flexible terms
• Net Income: $116,140.68 p.a.* + GST
• Outgoings: 100% of outgoings payable by the tenant (inc Land Tax)
• Tenant: Securely leased to Envirosuite Operations Pty Ltd
• Lease Term: to 30 September 2026
• Option: 1 further term of 1 year
• Land Area: Significant Freehold Corner 1,331 sqm* (not strata)
• Building Area: Versatile 710 sqm* (Office, Warehouse, Lab)
• Location: Strategic position in the Monash Innovation Corridor
• Zoning: Flexible Special Use Zone (SUZ6)
• Upside: Reshape existing building for multiple uses/ redevelop the whole corner
• Access & Parking: Dual driveways, secure on-title parking, and excellent connectivity to the M1 Freeway
The property is being offered For Sale via Expression of Interest (EOI), closing Wednesday, 26 November 2025 at 4:00 PM (AEDT).
To obtain a copy of the Information Memorandum or to arrange a private inspection, please contact the exclusive marketing agents.
Will Jonas
0422 883 011
will.jonas@raywhite.com
Ryan Trickey
0400 380 438
ryan.trickey@raywhite.com
RWC Glen Waverley
Property History for 2-4 Industrial Ave, Notting Hill, VIC 3168
- 06 Dec 2025Sold for $2,288,000
- 14 Nov 2025Transferred
- 22 Oct 2025Listed for Sale CONTACT AGENT
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About Notting Hill 3168
The size of Notting Hill is approximately 1.6 square kilometres. There is 1 park, covering nearly 0.3% of the total area. The population of Notting Hill in 2016 was 3050 people. By 2021 the population was 2895 showing a population decline of 5.1% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation.In 2021, 47.70% of the homes in Notting Hill were owner-occupied compared with 41.00% in 2016.
Notting Hill has 2,178 properties. Over the last 5 years, Houses in Notting Hill have seen a 1.82% increase in median value, while Units have seen a -0.19% decrease. As at 30 June 2026:
- The median value for Houses in Notting Hill is $1,235,486 while the median value for Units is $396,052.
- Houses have a median rent of $648 while Units have a median rent of $550.
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