Lemon Baxter- Commercial & Industrial Property

Lemon Baxter- Commercial & Industrial Property Commercial and Industrial Property Specialists

In the world of Commercial and Industrial Real Estate, our award winning team at Lemon Baxter enjoy a reputation for great professionalism, broad knowledge and solid experience.

FOR SALE | 59 Dundas Place, Albert ParkA rare opportunity to secure a versatile freehold in the heart of the tightly hel...
04/08/2026

FOR SALE | 59 Dundas Place, Albert Park

A rare opportunity to secure a versatile freehold in the heart of the tightly held Albert Park Village precinct.

Offering approximately 218sqm* of flexible accommodation across two levels on a 160sqm* Commercial 1 Zoned landholding, the property combines a spacious ground-floor retail area with first-floor office or residential accommodation, complemented by a private courtyard.

Key highlights include:
- Vacant freehold offered for Private Sale
- Approximately 218sqm* two-level building
- Commercial 1 Zone (C1Z)
- Ground-floor retail with first-floor office or residential accommodation
- Prime Albert Park Village location surrounded by cafés, dining, retail and public transport

For further information or to arrange an inspection, please contact the exclusive selling agents:

Tom Burley | 0451 501 800
Peter Sprekos | 0411 425 189

*Approx.

FOR SALE | Suite 305, 120 Bay Street, Port Melbourne A high-yielding strata office investment within the prominent Bianc...
03/08/2026

FOR SALE | Suite 305, 120 Bay Street, Port Melbourne

A high-yielding strata office investment within the prominent Bianca mixed-use development, positioned in the heart of Port Melbourne’s established Bay Street precinct.

Comprising approximately 569sqm* across four adjoining office suites, the property is securely leased to Defence Housing Australia and provides a predictable income profile supported by fixed annual growth and a net lease structure.

Key highlights include:
• Current passing income of $376,322.76 per annum excluding GST
• Leased to Defence Housing Australia until 6 May 2028, plus a further three-year option
• Fixed 3% annual rent increases
• Net lease with 100% of recoverable outgoings apportioned to the tenant
• 25 car spaces in total, including 15 currently leased to DHA

For Sale by Expression of Interest closing Wednesday, 2 September 2026 at 12:00pm (AEST).

For further information, please contact our exclusive selling agents:

Hans Fan | 0401 882 621
Paul O’Sullivan | 0412 410 366

*Approx.

FOR SALE | 24–28 River Street, RichmondA securely leased inner-city industrial investment occupying a prominent corner p...
31/07/2026

FOR SALE | 24–28 River Street, Richmond

A securely leased inner-city industrial investment occupying a prominent corner position at River Street and Blazey Street.

The substantial 1,866.91sqm* landholding comprises a large-format showroom, retail and warehouse facility fully leased to national occupier Tradelink Pty Ltd, generating a current passing net income of $308,015.83 per annum plus GST.

Key highlights include:
• Fully leased to national occupier Tradelink Pty Ltd
• Current passing net income of $308,015.83 per annum plus GST
• Lease secured until 30 April 2028, with a further five-year option
• Tenant responsible for all recoverable outgoings, including land tax
• 24-month notice to quit, providing flexibility for future owner occupation or development

For Sale by Expressions of Interest closing Thursday, 3 September 2026 at 12:00pm (AEST).

For further information, please contact the exclusive selling agents:

Tom Burley | 0451 501 880
Paul O’Sullivan | 0412 410 366

In conjunction with TCI.

*Approx.

19/12/2025

We’re excited to reflect on a landmark year for our Lemon Baxter Commercial and Investment Sales team.

Across Melbourne, our team delivered an exceptional $300 million in sales across close to 80 transactions. Which included one of Melbourne’s largest metro transactions with the $39 million sale of 347–351 Burwood Highway, Forest Hill.

Thank you to our clients and partners for the trust and support placed in us. We wish you a safe and happy holiday season and look forward to continued momentum in 2026.

Address

Level 26, 2 Southbank Boulevard
Southbank, VIC
3006

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+61396997500

Website

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