4, 114 Merrindale Drive, Croydon South, VIC 3136

Industrial

Sold $850,000

  • Property ID: 261021
  • Floor Area: 485m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 4 Sold 05/09/2017 485m2 N/A $850,000
Fantastic Working Environment

This outstanding modern industrial property is now available for lease.
Offering a versatile floor plan with excellent natural light filtering through the ground (60m2*) and first floor (90m2*) office space and a substantial 335m2* clear span warehouse .

Property Features:
- Total Building Area: 485m2
- 335m2* of high clearance warehouse space with motorised roller door access.
- Total of 150m2* of ground and first floor office space.
- Kitchenette
- Male and female amenities
- Disabled toilets with shower
- Heating and cooling
- On site allocated car parking

Please note the warehouse area is available on its own ideal for overflow storage @ $27,000.00 plus GST

The Merrindale Drive estate is ideally situated with direct access to Dorset Road, Canterbury Road, Mount Dandenong Road and is in close proximity to Maroondah Highway. The property provides easy access to the Ringwood Bypass and Eastlink.


*Approx

Additional Information
Features
  • Availability: Now
  • Zoning: Industrial 1
  • Lease Term: Flexible
  • Rent Review: 3% annual increases, Market at options
  • Car Spaces: 5 car spaces
  • Condition: Very Good
  • Air Conditioning: Office area
  • Roller Doors: One Container Height
  • Floors: Concrete / Carpet
  • Lifts: No
  • Height: 7 meters aprox
  • Age: 10 Years
  • Car Parking Fees: Included in Rental
Outgoings
  • Water Rates: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Croydon South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4760 $308 6.47%
Industrial $3474 $174 5.00%
Retail --- $259 ---
This is the average advertised price, rent and yield for Croydon South, VIC 3136*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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