2 Mitford Parade, West Footscray, VIC 3012

Industrial

Leased $1,100,000

  • Property ID: 270638
  • Floor Area: 545m²
  • Land Area: 885m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
2 Mitford Parade Leased 19/06/2018 545m2 885m2 $1,050,000
Functional Warehouse with Rear Yard

2 Mitford Parade comprises an older style solid brick warehouse with a large rear yard and canopy in a sought after inner western location close to major arterials and the CBD.

Property features include:
- Building area: 545m2*
- Land area: 885m2*
- Front & rear roller door
- High clearance, clear span warehouse
- Rear hardstand with 140m2 canopy
- 2 level offices
- On site car parking
- Security fence.
- Drive around access

The subject property is is ideally located bounded by Princes Highway and Somerville Road and is located 2km* to the West Gate Freeway with associated linkages to the Western Ring Road.

For further information please contact CVA Property Consultants.


*approx

Additional Information
Features
  • Availability: 30-60 days from agreement
  • Zoning: Industrial 1 Zone
  • Lease Term: Negotiable
  • Rent Review: Negotiable
  • Car Spaces: 6 on site plus hardstand
  • Condition: Good
  • Air Conditioning: No
  • Roller Doors: Front and rear
  • Floors: Concrete
  • Lifts: No
  • Height: 6 metres approx in warehouse
  • Age: Circa 50 years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $2,246.25
  • Land Tax: $
  • Council Rates: $3,498.58
  • Owners Corp. / Insurance: $1,532.08 dependent on usage
  • Other Charges: 5% management fee
West Footscray Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $72 ---
Offices $1720 $83 4.83%
Industrial --- $69 ---
This is the average advertised price, rent and yield for West Footscray, VIC 3012*

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

Days on Market data for Industrial in VIC for Lease

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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