PRICE REDUCED - 5-year lease - 7% yield
39–41 Fennell Street, Port Melbourne presents a prime city-fringe industrial investment within one of Melbourne’s most tightly held and evolving precincts.
Positioned in the heart of Port Melbourne’s established industrial and commercial hub, the property benefits from excellent connectivity to the Melbourne CBD, CityLink, the West Gate Freeway and the Port of Melbourne.
Surrounded by major occupiers and redevelopment associated with the Fishermans Bend urban renewal precinct, the asset is well placed to benefit from significant future growth and infrastructure investment.
The property comprises a functional warehouse facility of 773sqm* including a split-level office and high-clearance warehouse with two roller doors, providing flexible accommodation for a range of industrial and trade occupiers.
The property is leased to Secure Meters (Australia) Pty Ltd, the Australian subsidiary of the global energy-technology company Secure Meters Limited, which specialises in electricity and smart-metering systems. The asset returns $236,136 per annum net, with a new five-year lease which commenced on 1 March 2026.
This offering represents a rare opportunity to secure a well-located industrial investment in a highly sought-after Port Melbourne location.
Property Features:
– Securely leased investment
– Parking for 15 vehicles
– Existing office fitout
– Two container height roller doors + three phase power + 6.5m clearance
– Zoned Capital City Zone 1 (CCZ1)
– Highly sought-after Fisherman’s Bend location
Building Area Breakdown:
– 305 sqm* Ground Floor Office Showroom
– 299 sqm* First Floor Office
– 169 sqm* Warehouse with 2 roller doors
To inspect or for more, contact our exclusive selling agents today.
