Lots 1-8 21 Panamax Road, Ravenhall, Vic 3023

Industrial/Warehouse
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Published on: 29 Sep 2026
Last updated on: 28 Oct 2026
Lots 1-8 21 Panamax Road, Ravenhall, Vic 3023
Lots 1-8 21 Panamax Road, Ravenhall, Vic 3023
Lots 1-8 21 Panamax Road, Ravenhall, Vic 3023
+14
Lots 1-8 21 Panamax Road, Ravenhall, Vic 3023
  • 14
Property ID: 505243300
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Key property information

Floor Area
5,496.00 m2
Tenure Type
tenanted

Multiple Warehouse/Office Buildings which provide flexibility

Lots 1-8 21 Panamax Road, Ravenhall, Vic 3023
CBRE is pleased to exclusively offer Lots 1-8, 21 Panamax Road, Ravenhall forming part of The Strength Portfolio available for sale individually or in-one-line via an Expressions of Interest campaign closing 4:00pm (AEDT) Thursday 29th October 2026.

Key Highlights: 
+ No stamp duty payable, traded under the new CIPT system  
+ Substantial 5,496 sqm* industrial warehouses which have been purpose designed to operate as a gym facility 
+ Exceptional covenant to Derrimut 24:7 Gym, recently acquired by Wes Maas, Founder and Managing Director of Maas Group Holdings (ASX: MGH)
+ Brand new 10 year net lease with an additional 5 year option 
+ Secured income with fixed 3% annual increases returning a Net Operating Income of $990,000 pa ($180/sqm)
+ Positioned 19 kilometres* west of Melbourne’s CBD in one of Melbourne’s most tightly held and fastest growing western industrial precincts
+ Close proximity to major arterials including Ballarat Road, Deer Park Bypass and the Metropolitan Ring Road

For further information, please contact the below selling agents.

*Approx.

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
On Market
Address
Lots 1-8 21 Panamax Road, Ravenhall, Vic 3023
Andrew Needham
Andrew Needham
Lee Holdsworth
Lee Holdsworth
Jamie Hess
Jamie Hess
Sam Guest
Sam Guest
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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Contact Agent

Email enquiry to CBRE - Melbourne

Andrew Needham
Andrew Needham
Lee Holdsworth
Lee Holdsworth
Jamie Hess
Jamie Hess
Sam Guest
Sam Guest
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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      Property ID: 505243300

      Original Property ID: 505243300
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