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Unit 6, 76 Reid Parade, Hastings VIC 3915

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Unit 6, 76 Reid Parade, Hastings VIC 3915

Hastings

Unit 6, 76 Reid Parade, Hastings VIC 3915

Unit 6, 76 Reid Parade, Hastings VIC 3915

Properties / Buy / Victoria / Hastings
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact Agents
Floor Area
353 sqm (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse, Warehouse Showroom
Est. Income
$32,950 p/a
Fully Leased
The Wood Project
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Industrial Investment with Upside in Hastings
  • Secure lease with built in rental growth
  • 353sqm* industrial facility
  • Established Hastings industrial location

Securely leased industrial investment in Hastings, returning $32,950 p.a. + GST + outgoings, with fixed annual growth and future rental reversion potential.

Key features:
- Leased to The Wood Project, an established timber recycling and manufacturing business.
- Three-year lease commenced 28 July 2025, plus two further three-year options.
- 4% annual increases + market review at option
- Total building area: 353sqm*
- Warehouse: 315sqm* plus 38sqm* ground floor office/amenities
- Internal clearance 8.1m*
- Excellent connectivity close to Frankston–Flinders Road, Western Port Highway and Peninsula Link

A straightforward industrial investment offering secure income, rental growth, and upside in a tightly held Mornington Peninsula industrial location.

Inspections by appointment with Savills, the exclusive selling agents.

(*Approx./Outlines Indicative Only)

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Tenanted Investment
Tenanted Investment

76 Reid Parade Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse, Warehouse Showroom
Est. Income
$32,950 p/a
Number Of Tenants
1
Tenant
The Wood Project
Floor Area
353 sqm (*approx)
Selling Method
For Sale
Selling Details
Contact Agents

Investment Highlights

Industrial Investment with Upside in Hastings
  • Secure lease with built in rental growth
  • 353sqm* industrial facility
  • Established Hastings industrial location

Securely leased industrial investment in Hastings, returning $32,950 p.a. + GST + outgoings, with fixed annual growth and future rental reversion potential.

Key features:
- Leased to The Wood Project, an established timber recycling and manufacturing business.
- Three-year lease commenced 28 July 2025, plus two further three-year options.
- 4% annual increases + market review at option
- Total building area: 353sqm*
- Warehouse: 315sqm* plus 38sqm* ground floor office/amenities
- Internal clearance 8.1m*
- Excellent connectivity close to Frankston–Flinders Road, Western Port Highway and Peninsula Link

A straightforward industrial investment offering secure income, rental growth, and upside in a tightly held Mornington Peninsula industrial location.

Inspections by appointment with Savills, the exclusive selling agents.

(*Approx./Outlines Indicative Only)

Read More
Tenanted Investment

Finance Calculator

Unit 6, 76 Reid Parade, Hastings VIC 3915

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Unit 6, 76 Reid Parade, Hastings VIC 3915 Hastings
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