11-15 Palmer Court, Mount Waverley, VIC 3149

Industrial | Showrooms | Offices

For Sale Contact the Stonebridge Team

  • Property ID: 442621
  • Floor Area: 2474m²
  • Land Area: 5028m²
  • Occupancy: Vacant
Fully Leased Industrial Landholding to a Multi National Healthcare Provider Within EQT Group (Eur 232bn Assets Under Management)^

Stonebridge Property Group is pleased to present for sale 11-15 Palmer Court, Mount Waverley, a blue-chip investment asset within a tightly held industrial precinct of Melbourne.

The key highlights of the property include:

- Fully leased to Slade Health until Dec-27, plus options until 2037

- Leased to Slade Health which is a part of the Icon Group, a Multi National Healthcare Provider & within the EQT Group (EUR 232bn Assets Under Management)^

- Icon Group is Australasia’s fastest growing cancer care provider. Slade Health, a TGA licensed manufacturer, provides sterile manufactured products to hospitals across Australia

- The offering includes a TGA licensed facility used for Slade Health's production of lifesaving cancer treatment therapies, including Chemotherapy helping to deliver 3,000 life-saving products via 200 hospital partners every single day

- Substantial 5,028 sqm* landholding zoned Special Use (SUZ) and across 4 specialised buildings totalling 2,474 sqm* building area

- Located in the tightly held Mount Waverley industrial precinct with no other industrial opportunities on the market as at March 2024

- Strategically connected to the Melbourne CBD (15.8 km*) and the South Eastern suburbs via Monash Freeway (100 m*), plus immediate access to major transport arterials Stephensons Road (10 m*) and Forsters Road (330 m*)

11-15 Palmer Court, Mount Waverley is for sale via Expressions of Interest closing Thursday 9th May 2024 at 2:00PM (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang ??
0411 625 068

* Approximately
^ Source: EQT AB (publ) Year-end Report 2023 (eqtgroup.com)

Property Code: 907

Mount Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3234 --- ---
Retail --- $478 ---
Offices $6142 $379 6.17%
This is the average advertised price, rent and yield for Mount Waverley, VIC 3149*

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

Days on Market data for Industrial in VIC for Sale

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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