1, 8 Sigma Drive, Croydon South, VIC 3136

Industrial | Offices | Hotel/Leisure

Sold $569,500

  • Property ID: 429444
  • Floor Area: 179m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 1 Sold 13/10/2023 179m2 N/A $560,000
GREEN LIGHT FOR GYM/WELLNESS CENTRE

POINT OF INTEREST:

This is a proposition that lends itself to a huge range of uses. But if your personal training, yoga or Pilates studio is muscling its way out of its existing premises then this could be the perfect alternative - it has already been given the green light for use as a gym/wellness centre so you can move in and jump straight into action.

Currently fitted out as a Pilates studio, the 179sqm* two-storey space is modern, fresh and ready to go. In ship-shape condition with a contemporary fit out, the open plan space includes a kitchenette and bathroom facilities along with the convenience of two parking spaces.

Available for vacant possession and situated within a sought-after industrial estate alongside other robust businesses, this enviable address enjoys great accessibility to Canterbury Road, Maroondah Highway and East Link so you’re easy to find.

There is always high demand for something that’s ready to move into, so run - don’t walk - when it comes to securing the lease for this one.

- Kitchenette and bathroom facilities
- Three parking spaces
- 179sqm*
- Industrial zone 1
- Currently fitted out as a Pilates studio
- Well presented with modern fit out
- Perfect as a gym, wellness studio
- Existing approval for use as a gym
- Easy access to Canterbury Rd, Maroondah Highway and East Link

POINT OF VIEW:

The health and fitness industry is booming and now is the time to get on board.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 60 Days
  • Car Spaces: 3 car parks on site
  • Condition: Excellent
  • Air Conditioning: Airconditioning and heating within office
  • Floors: Concrete/carpet
  • Lifts: N/A
  • Height: 7 meters
  • Age: 3 years old
  • Car Parking Fees: Including in rental
Outgoings
  • Water Rates: $1,200.00
  • Council Rates: $1,800.00
  • Owners Corp. / Insurance: $2,000.00
  • Other Charges: Roller door $300.00 and air conditioning maint
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 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:

  • 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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