Reservoir Business Hub, 21-35 Radford Road, Reservoir, VIC 3073

Offices

For Lease

  • Property ID: 439029

On behalf of Logos Property, Fitzroys and CBRE are pleased to exclusively offer For Lease the Reservoir Business Hub, a super prime, institutional industrial estate situated within the tightly held inner northern corridor.
Comprising of 8 office/warehouses across 43,561sqm (GLA), this estate is situated on a 7.7ha land holding which is zoned Industrial 1 (IN1Z) & Industrial 3 (IN3Z), with unparalleled access to Melbourne’s arterial road network via the Hume Freeway to the M80 Ring Road, whilst also benefiting from proposed future infrastructure ( North-East Link).
Key Property Details (Gross Lettable Area’s) - Warehouse 1: 7,815sqm - Warehouse 2: 6,680sqm - Warehouse 3: 6,650sqm - Warehouse 4: 4,046sqm - Warehouse 5: 3,312sqm - Warehouse 6: 3,297sqm - Warehouse 7: 3,935sqm - Warehouse 8: 7,826sqm
Key Features:
High quality office spaces and warehouse amenitiesMultiple on grade roller shutter doorsRecessed loading docks (on selected units only)10-15m cantilevered canopies for all weather loading/unloading13.7m* Warehouse ridge heightESFR Fire Sprinkler SystemEach Tenancy to include a 50kw roof mounted solar PV SystemFully B double compliant loading areasAmple on-site parking for staff and visitorsZoning (IN1Z) & (IN3Z)LED Lighting
Location Details:
-13km to Melbourne CBD -19km to Melbourne Airport -20km* to Port of Melbourne -Exceptional connectivity to the Eastern Seaboard
Construction has commenced with buildings targeted for completion in Q4 2024.
Please contact the exclusive marketing agents from Fitzroys & CBRE for access to the interactive site-tour and any additional information regarding this exciting leasing opportunity.
*Approx.
Outlines indicative only Artist impression

Reservoir Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5395 $250 4.63%
Offices $5814 $151 2.60%
Industrial $3553 $185 5.20%
This is the average advertised price, rent and yield for Reservoir, VIC 3073*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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