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Major service centre hits the market in Clayton South

14/03/2025

A major service centre in Melbourne’s southeast has hit the market in a timely fashion following the first interest rate cut since 2020.

Constructed in 2020, 548 Clayton Road is a near-new ultra-modern service centre anchored by BP (Jasbe) and Carl’s Jr. on 12-year and 15-year leases respectively. Also on the site is a car wash and two adjoining fully let warehouses. The property generates a net annual income of $803,137 p.a. with fixed annual increases.

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The property is located on the busy intersection of Clayton Road and Osborne Avenue, 22km southeast of the Melbourne CBD and 3km from Monash University. Cushman & Wakefield agents, George Davies, Raphael Favas, Oliver Hay and Leon Ma are handling the sale.

Davies said "This is a unique opportunity to acquire a high-performing service centre in one of Melbourne’s most strategic metropolitan locations. With long lease security and strong rental growth, we’re expecting significant local, national and international interest."

Favas continued by saying “The combination of blue-chip tenants, excellent exposure, and a substantial landholding makes this property a compelling investment proposition. Investors will benefit from both immediate rental income and long-term capital growth.”

The listing follows several strong service centre sales including Cranbourne BP which sold for $16,300,000, reflecting a yield of 5.44%

548 Clayton Road, Clayton South is up for sale through Cushman & Wakefield via expressions of interest closing Wednesday 9th April 2025 with a guide price of $13m+.

For more information or to arrange an inspection, please contact the exclusive selling agents at Cushman & Wakefield City Fringe Sales:

George Davies – +61 421 799 489
Oliver Hay – +61 419 528 540
Leon Ma 马海翔 – +61 417 070 725

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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