Back to previous step
Lemon Baxter and Knight Frank are delighted to present 13 & 15 Compark Circuit, Mulgrave, a landmark dual-building opportunity situated within Melbourne’s most significant employment hub, the Monash Health and Technology Innovation Precinct.
This is an exceptional opportunity to acquire a land-rich, sustainable asset positioned within one of Australia’s leading life science and innovation precincts, home to Monash University, the Victorian Heart Hospital, CSIRO, Moderna Technology Centre, and the Australian Synchrotron.
Key Highlights:
• Substantial Existing Improvements of 5,851 sqm* of NLA (15 Compark – 2,956 sqm* & 13 Compark– 2,895 sqm*) and 226 car bays now considered below replacement cost. The significant improvements could be repositioned or converted (STCA).
• Two freestanding buildings on two separate titles with easily divisible floorplates and 4 sides of natural light offering the ultimate flexibility – owner occupy, invest or both.
• Building A benefits from a 5.5 Star NABERS Energy rating and features LED lighting along with 110kW and 30kW solar PV systems, while Building B holds a 3.5 Star NABERS rating — together reinforcing the asset’s strong long-term ESG credentials.
• Estimated fully leased income of over $2million per annum.
• Land rich investment – strategic 8,339 sqm* landholding zoned Special Use Zone, providing excellent access and redevelopment outcomes (STCA).
• Located in the heart of the Mulgrave $11.5 billion Health and Technology Innovation Precinct — Victoria’s largest employment hub outside Melbourne CBD and one of Australia’s core Life Science Precincts.
• A significant site positioned within the Monash Employment and Innovation Cluster- one of the largest concentration of skilled workers outside of the Melbourne CBD.
• Monash is the largest, and most established metro office precinct comprising over 530,000 sqm* of stock – providing considerable critical mass and tenants to attract within the area.
For Sale by International Expressions of Interest closing Thursday 27 November 2025 at 2:00pm (AEDT). For more information, contact our selling agents today:
Lemon Baxter
Thomas Blencowe I 0401 197 122
Peter Sprekos I 0411 425 189
Paul O’Sullivan I 0412 410 366
Knight Frank
Tom Ryan I 0419 786 244
Trent Preece I 0400 504 300
*Approximate.
Remember to mention you found this property on CommercialReady
Lemon Baxter and Knight Frank are delighted to present 13 & 15 Compark Circuit, Mulgrave, a landmark dual-building opportunity situated within Melbourne’s most significant employment hub, the Monash Health and Technology Innovation Precinct.
This is an exceptional opportunity to acquire a land-rich, sustainable asset positioned within one of Australia’s leading life science and innovation precincts, home to Monash University, the Victorian Heart Hospital, CSIRO, Moderna Technology Centre, and the Australian Synchrotron.
Key Highlights:
• Substantial Existing Improvements of 5,851 sqm* of NLA (15 Compark – 2,956 sqm* & 13 Compark– 2,895 sqm*) and 226 car bays now considered below replacement cost. The significant improvements could be repositioned or converted (STCA).
• Two freestanding buildings on two separate titles with easily divisible floorplates and 4 sides of natural light offering the ultimate flexibility – owner occupy, invest or both.
• Building A benefits from a 5.5 Star NABERS Energy rating and features LED lighting along with 110kW and 30kW solar PV systems, while Building B holds a 3.5 Star NABERS rating — together reinforcing the asset’s strong long-term ESG credentials.
• Estimated fully leased income of over $2million per annum.
• Land rich investment – strategic 8,339 sqm* landholding zoned Special Use Zone, providing excellent access and redevelopment outcomes (STCA).
• Located in the heart of the Mulgrave $11.5 billion Health and Technology Innovation Precinct — Victoria’s largest employment hub outside Melbourne CBD and one of Australia’s core Life Science Precincts.
• A significant site positioned within the Monash Employment and Innovation Cluster- one of the largest concentration of skilled workers outside of the Melbourne CBD.
• Monash is the largest, and most established metro office precinct comprising over 530,000 sqm* of stock – providing considerable critical mass and tenants to attract within the area.
For Sale by International Expressions of Interest closing Thursday 27 November 2025 at 2:00pm (AEDT). For more information, contact our selling agents today:
Lemon Baxter
Thomas Blencowe I 0401 197 122
Peter Sprekos I 0411 425 189
Paul O’Sullivan I 0412 410 366
Knight Frank
Tom Ryan I 0419 786 244
Trent Preece I 0400 504 300
*Approximate.
Remember to mention you found this property on CommercialReady
Yield Calculator
Yield Calculator
