18, 114-118 Merrindale Drive, Croydon South, VIC 3136

Industrial

Leased $1,235,000

  • Property ID: 360153
  • Floor Area: 600m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased N/A 600m2 N/A N/A
Great Value Office/Warehouse

A sizable industrial facility at 18/114-118 Merrindale Drive has become available for Sale or Lease in the renowned Merrindale Industrial Estate. The 600m2* first class building has been exceptionally maintained and is well finished, a premium office/warehouse opportunity for a wide array of tenants, owner occupiers and investors to give due consideration.


Key Features:
- 600m2* total building area
- Incl. Two level office/showroom of 180m2*
- Clear span warehouse
- Additional mezzanine storage
- 8 on-site car parking spaces
- Gated complex

The property is easily accessed from surrounding arterial roadways such as Canterbury Road, Mt Dandenong Road and Dorset Road, as well as Eastlink being 7.5km* away. Public transport is provided by Croydon Train Station (3.9km*), and buses are available on Dorset Road and Canterbury Road.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30-60 days
  • Lease Term: 3 Years Plus
  • Rent Review: 3% annual, market at review
  • Car Spaces: 8 on site
  • Condition: Very Good
  • Air Conditioning: Office area
  • Floors: Concrete / Carpet
  • Lifts: No
  • Height: 7.0 meters aprox
  • Age: 10 years
  • Car Parking Fees: Included In Rental
Outgoings
  • Water Rates: $1,000.00
  • Land Tax: TBC
  • Council Rates: $3,314.00
  • Owners Corp. / Insurance: $4,750.00
Croydon South Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4760 $308 6.47%
Retail --- $259 ---
Industrial $3474 $174 5.00%
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.
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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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