Flexible multi-tenant industrial facility with secure income and mid-term rental reversion potential
Melbourne, Australia – Two adjoining industrial warehouses positioned in Melbourne’s tightly-held inner west are being offered to the market in one line or separately, offering buyers an exceptional opportunity to acquire a significant landholding within Australia’s industrial heartland.
18 March 2026
The asset at 18-20 Law Court in Sunshine West comprises a combined 6,622sqm landholding across two tenancies, Units 3-4 and 5-6, which have a total of 5,591sqm of building area.
The fully leased asset provides diversified income across two established occupiers — Skintech Lab (Units 3-4) and Prostrip Sandblasting (Units 5–6), with a WALE by income of 3.21 years.
The dual-income property delivers an estimated cumulative market rental of $810,695 per annum, and is estimated to have approximately 25% rental reversion upside.
The Sunshine West asset features modern, high-clearance warehousing with functional layouts and multiple awning covered roller shutter doors, accompanied by ample car parking and hardstand loading areas. The space is suited to a wide range of logistics, manufacturing and last mile operators.
The asset’s connectivity to the Melbourne CBD, Port of Melbourne, Melbourne Airport and immediate access to local amenities provides significant long-term growth potential within the infill western corridor.
Strategically positioned just minutes from the Metropolitan Ring Road (M80), Princes Freeway (M1) and major distribution hubs, the property capitalises on Sunshine West’s status as one of Melbourne’s most sought-after industrial precincts, benefitting from improved connectivity following the completion of the West Gate Tunnel Project.
18-20 Law Court is being taken to market via an Expressions of Interest campaign run by Knight Frank agents Harley Bowen, Joel Davy, Elliot Ryan and Andrew Gallucci.
Mr Bowen said the property represented a rare chance to secure a high-quality, future-proofed industrial investment in a prime infill location.
“Positioned within Melbourne’s tightly-held inner west, this prominent freehold offers secure dual income with the opportunity to capture rental reversion in a strengthening western market.
“It will appeal to investors and owner occupiers, with future flexibility via staggered lease expiries.
“The property also benefits from high exposure to the Metropolitan Ring Road, with visibility to around 200,000 vehicles per day.”
Mr Davy said demand for quality industrial assets in Melbourne’s rapidly expanding western logistics corridor continued to be strong.
“Sunshine West remains one of the most tightly held and strategically advantaged logistics precincts,” he said.
“Quality assets offering diversified income and rental reversion potential like this are increasingly sought after in this area.”
The Expressions of Interest campaign for the property will close at 4pm (AEDT) on Wednesday, April 1.
