
Case Study: 98 Wedgewood Road, Hallam
A perfectly positioned investment!
Highly desirable tenanted industrial warehouse, surpassed expectations
Covering commercial property portals, board exposure, social media and our internal database, there was strong interest from local and interstate buyers. Utilising a private sale campaign, the investment sale was well received and generated a lot of interest. Several offers were forwarded/received throughout the campaign, and knowledge, perseverance, and agent advice paid off. The final result was $50,000 more than the average offer put forward. The end buyer was a Sydney investor buying into the Melbourne market.

SOLD
$1,350,000
Sale
12/02/2025
46 enquiries
Property Info
Leased until January 2027, returning net rent of $67,730 per annum, the purchaser has the choice of possible lease re-negotiation with a quality proven tenant, seeking a new tenancy, or, if desired, moving in themselves.
This property features a quality office warehouse with broad frontage to Wedgewood Road, 521m² total building size, and generous warehouse space approximately 460m². It also features a compact admin/office footprint over two levels – 55m² per level. Additionally, it provides high-access clearance entry and a warehousing facility of up to 7 metres max.
The property is direct street facing with easy access, seven off-street car parks with room to drop cargo containers and secure electric gated/fenced premises.
With excellent branding exposure, the location is a brief walk from the newly upgraded Hallam Train station. It also boasts easy access to the Monash Freeway, South Gippsland Freeway and Princes Highway arterial roads network.
Undoubtedly, this site and location will appreciate strongly in the years ahead, given Hallam’s growing popularity and desirability!
