14, 56 Smith Road, Springvale, VIC 3171

Industrial

Sold $1,200,000

  • Property ID: 283726
  • Floor Area: 800m²
  • NBN Availability: Build Commenced
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 14 Sold 29/05/2018 800m2 N/A $1,100,000
Clear Span Versatile Warehouse/Office!

Impressive premises comprising 720m2* clear span warehouse with roller door access and substantial power installed by the previous occupier, 80m2* offices including reception and three partitioned offices, kitchenette and staff amenities plus 8 onsite car spaces.

The subject property is located within a tightly held commercial/industrial pocket of Springvale just off Dandenong Road and allows for easy access to the Monash Freeway via Police Road. 56 Smith Road is opposite exciting new retail development with anchored retailers including Aldi and McDonalds.

- 720m2* warehouse
- 80m2* office / reception
- Kitchenette + amenities
- Clear span warehouse
- Substantial power
- 8 onsite car spaces

*Approx

Additional Information
Features
  • Availability: immediate
  • Zoning: commercial 2
  • Lease Term: negotiable
  • Rent Review: annually
  • Car Spaces: 8 on site
  • Condition: very good
  • Roller Doors: yes
  • Floors: concrete / carpet / tiles
  • Lifts: n/a
  • Height: 5m approx
  • Age: circa 1990
  • Car Parking Fees: nil.
Outgoings
  • Water Rates: $1,042 p.a approx
  • Land Tax: tba
  • Council Rates: $6,096 p.a approx
  • Owners Corp. / Insurance: $7,856 p.a approx
  • Other Charges: tba
Springvale Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5863 $219 3.74%
Offices $4564 $205 4.50%
Retail $4907 $201 4.10%
This is the average advertised price, rent and yield for Springvale, VIC 3171*
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.
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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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