Stonebridge Property Group is pleased to present 108-112 Merrindale Drive, Kilsyth, offered for sale via Expressions of Interest.

108-112 Merrindale Drive, Kilsyth is a blue-chip investment asset within Kilsyth’s most established industrial precinct and located approximately 29 km* from the Melbourne CBD.

Key highlights of the property include

– Fully leased to iX Syrinx on a new 5 + 5-year lease with a net income of $600,000* per annum (the tenant pays land tax^)

– Leased to iX Syrinx which is a member of the iX Biopharma Group, a specialty pharmaceutical and nutraceutical company listed on the Singapore Stock Exchange

– The iX Biopharma Group develops and commercialises therapies for diseases of the central nervous system. iX Syrinx, an Australian TGA-licensed manufacturer, produces and distributes pharmaceutical and nutraceutical products, including medicinal cannabis, across Australia and international markets

– Total building area of 3,173 sqm* (GLA) consisting of laboratory, manufacturing, office and warehouse components, bolstered by high-clearance roller doors and fully self-contained amenities

– 3,000 sqm* vacant land parcel at the rear of the property offers significant value-add and development opportunity in the future (STCA)

– 33% of the property is occupied by the existing laboratory, 29% by manufacturing, 25% by a two-level warehouse at the rear, and 13% by office space at the front – all supported by amenities allowing for a multitude of uses

– 12,000 sqm* of prime industrial land situated within the most established industrial precinct, offering the ability to invest or add value

– Expansive 57.3 m* of frontage to Merrindale Drive offering excellent truck access, hardstand, and private parking on-site with 70 vehicles

– Located within the tightly held Kilsyth industrial precinct with direct access to Dorset Road (800 m*), Canterbury Road (2.2 km*), and Mt Dandenong Road (3.2 km*)

– Zoned Industrial 1 (IN1Z) allowing for manufacturing and the storage and distribution of goods

– Surrounded by national retailers and businesses, including PKG Storage, Saber Offroad, MCG Windows & Doors, Studco Building Systems and Honda Australia Rider Training

108-112 Merrindale Drive, Kilsyth presents a rare opportunity to acquire a prime industrial landholding in one of Melbourne’s most established industrial locations.

108-112 Merrindale Drive, Kilsyth is for sale via Expressions of Interest closing Thursday 11th December 2025 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang
0411 625 068

如需任何中文咨询，请联系我们亚洲业务团队的Chao Zhang 张超，联系电话：0411 625 068，并可随时加他的微信（微信号：chaozeee）。

*Approximately

^Single Holding

Property Code: 1525