8, 8-10 Monomeeth Drive, Mitcham, VIC 3132

Industrial

Sold

  • Property ID: 441196
  • Floor Area: 170m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 8 Sold 27/03/2024 170m2 N/A Contact Agent
CLEAN, CLEVER, CLEAR-SPAN: MITCHAM'S TOP-NOTCH

CLOSING DATE SALE THURSDAY 21ST MARCH AT 3PM

POINT OF INTEREST:
Take the Whitehorse Road exit from the Eastlink and you’ll enter a new state of industrial prowess, and we’re not just talking about the commercial estate here. Unit 8 is a clear-and-clean span warehouse with a container-height roller door, loading bay, and a clever mezzanine office upstairs. The entire floorplan measures 170 sqm*, but the height of the ceilings and the versatility in the format open the place right up. Meticulously looked after since construction in 2018, the asset is ready for immediate move-ins and drive-ups thanks to the 2 allocated car spaces. Sitting directly off of a major Eastern arterial in itself, the neighbours here are big names like F45, Golf World, Doors Plus and National Tiles, but you’ll likely find more convenience in the nearby connecting roads like the Eastlink, Springvale Road, and the Ringwood Bypass.

- 170 sqm* total building area.
- 38 sqm* in mezzanine office.
- Industrial 1 zoning.
- 2 allocated car spaces.
- Container height roller door.
- Built in 2018 and presents almost like new.
- 1.1 km* to the Eastlink.
- 2.3 km* to Springvale Road.

POINT OF VIEW:
The waitlist to lease here is almost as locked up as the one to buy. Shortcut the renovating process by securing an industrial building with a first class fitout , and a location to match.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 2 car parks on site
  • Condition: Excellent
  • Air Conditioning: Office Area
  • Floors: Concrete/carpet
  • Lifts: N/A
  • Height: 7.3 meters approx
  • Age: 4 years old
  • Car Parking Fees: Including in rental
Outgoings
  • Water Rates: TBC
  • Land Tax: $975.00
  • Council Rates: $1,712.40
  • Owners Corp. / Insurance: $2,624.00
  • Other Charges: TBC
Mitcham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6250 $171 2.74%
Retail $6410 --- ---
Offices $6410 $260 4.05%
This is the average advertised price, rent and yield for Mitcham, VIC 3132*

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:

  • 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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