13 Redland Drive, Mitcham, VIC 3132

Industrial

Sold $3,080,000

  • Property ID: 336880
  • Floor Area: 1194m²
  • Land Area: 2211m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
  • Cafes: 20+ nearby
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 1194m2 2211m2 N/A
Modern Industrial Facility within Sought After Redland Estate.

Freestanding industrial investment property leased to longstanding Tenant, 13 Redland Drive, Mitcham is offered For Private Sale.

Leased to multinational secure printing / digital security organisation since 2011, to Gemalto a Thales Company. Additional information is available via their website www.gemalto.com which outlines their revenues of 3 billion Euro*, 15,000 employees and operating in 47 countries.

Key Points :
- Current Lease term: 3 + 3 + 3 years
- Commenced: 1st December 2017
- Rental: $152,647.32 per annum + GST
- Building area: 1,194m2* including two level offices/ amenities area 227m2* and mezzanine 230m2*
- Extensive fitout by the current long standing tenant incorporating high technology processing areas.
- Site area: 2,211m2*

Located within the highly sought after Redland Drive Estate, accessed via Mitcham Road, 27 kilometres * east of the Melbourne CBD, 1.8 kilometres* from Mitcham Railway Station and 2.9 Kilometres from the Canterbury Road / Eastlink on/off ramp.

For further information please contact exclusive sole agents CVA Property Consultants

*Approx
Pricing excludes GST.

Additional Information
Features
  • Availability: Immediate
  • Lease Term: 3 + 3 + 3 years
  • Rent Review: Annual CPI, Market at option
  • Car Spaces: 16 on-site plus on street parking
  • Condition: Very Good
  • Air Conditioning: Offices
  • Floors: Concrete
  • Lifts: No
  • Height: Warehouse - 7 metres approx
  • Age: 15 years
  • Car Parking Fees: N/A
Mitcham Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6410 --- ---
Industrial $6250 $194 3.10%
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.
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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™.
  • Nearby Cafes - Number of cafes located within 500 metres of 13 Redland Drive, Mitcham, VIC 3132. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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