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2 Vesper Drive, Narre Warren VIC 3805

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2 Vesper Drive, Narre Warren VIC 3805

Narre Warren

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2 Vesper Drive, Narre Warren VIC 3805

Narre Warren

2 Vesper Drive, Narre Warren VIC 3805

2 Vesper Drive, Narre Warren VIC 3805

Properties / Buy / Victoria / Narre Warren
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Land Area
4,603 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse
Terms
5 year plus options
Est. Income
$237,100 p/a
Fully Leased
Berwick Sand & Soil
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Income Security in a Prime Precinct
  • Secure investment asset
  • Longstanding reputable tenant
  • 5 year lease renewal (plus options)

Facey Property is pleased to present a securely leased investment opportunity offered for sale by Expression of Interest closing Tuesday, 24 February at 4.00pm.

The property is underpinned by a longstanding tenant, Berwick Sand & Soil, providing strong income security. A 5 year lease renewal (plus opitons) commenced on 1 April 2023, with a current passing rent of $237,100.22 net per annum (as at 6 October 2025), supported by fixed annual 3% reviews and a further 5% rental increase at the next option.

Additional investment benefits include a strong net income profile, which reduces the exposure to outgoings for investors.

Strategically positioned on the corner of Princes Highway, the property enjoys outstanding exposure directly opposite Bunjil Place and Westfield, placing it at the heart of Narre Warren/Casey’s major civic, retail, and lifestyle precincts, with exceptional traffic flow and long-term growth fundamentals.

This is a compelling opportunity to secure a high-quality, income-producing asset in a tightly held location with a proven tenant and built-in rental growth.


Enquire at www.faceyproperty.com.au to make your next move.

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Dataroom
Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse
Est. Income
$237,100 p/a
Number Of Tenants
1
Tenant
Berwick Sand & Soil
Terms
5 year plus options
Land Area
4,603 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
24 Feb 2026 04:00PM
Selling Details
Contact Agent

Investment Highlights

Income Security in a Prime Precinct
  • Secure investment asset
  • Longstanding reputable tenant
  • 5 year lease renewal (plus options)

Facey Property is pleased to present a securely leased investment opportunity offered for sale by Expression of Interest closing Tuesday, 24 February at 4.00pm.

The property is underpinned by a longstanding tenant, Berwick Sand & Soil, providing strong income security. A 5 year lease renewal (plus opitons) commenced on 1 April 2023, with a current passing rent of $237,100.22 net per annum (as at 6 October 2025), supported by fixed annual 3% reviews and a further 5% rental increase at the next option.

Additional investment benefits include a strong net income profile, which reduces the exposure to outgoings for investors.

Strategically positioned on the corner of Princes Highway, the property enjoys outstanding exposure directly opposite Bunjil Place and Westfield, placing it at the heart of Narre Warren/Casey’s major civic, retail, and lifestyle precincts, with exceptional traffic flow and long-term growth fundamentals.

This is a compelling opportunity to secure a high-quality, income-producing asset in a tightly held location with a proven tenant and built-in rental growth.


Enquire at www.faceyproperty.com.au to make your next move.

Read More
Dataroom
Tenanted Investment

Finance Calculator

2 Vesper Drive, Narre Warren VIC 3805

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Property Location of 2 Vesper Drive, Narre Warren VIC 3805

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