News & Media
Up Property is pleased to announce the acquisition of 836 Mountain Highway, Bayswater, a site offering a prime investment opportunity within Melbourne’s industrial precinct, and future development upside. This substantial property features a GLA of 8,457 sqm with a long-term lease in place. The site presents a triple net leased investment, highlighting its security and value for investors.
836 Mountain Highway’s location provides high visibility and excellent road connectivity, with direct access to Mountain Highway and proximity to Eastlink and the Eastern Freeway. The surrounding area is home to well-established industry leaders, including Siemens, Continental, and Australia Post, underlining the precinct’s appeal for diverse industrial uses.
The South East precinct is a key area in Melbourne’s industrial market, evidenced by its strong rental growth and contribution to new supply. With planned infrastructure upgrades, including the North East Link and Monash Freeway enhancements, the accessibility and appeal of this site are set to increase.
This acquisition aligns with Up Property’s strategic goals of securing high-value investments with long-term growth potential in Melbourne’s core manufacturing regions.