106 Merrindale Drive, Croydon South, VIC 3136

Industrial

Leased $2,085,000

  • Property ID: 364057
  • Floor Area: 822m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased N/A 822m2 N/A N/A
Brilliant Street Fronting Office/Warehouse

Brand new facility available for sale or lease .

Located within the renowned ‘Merrindale Estate’, this brand new industrial facility boasts prominent street frontage with dual roller door access, great natural light and on-site parking.

Key features:
- Total building area: 822m2*
- Incl. office of 207m2*
- Incl. high clearance warehouse 615m2.*
- Dual container height roller doors
- Street frontage to Merrindale Drive
- Great natural light throughout office
- 13 on-site car spaces

The property is surrounded by major arterial roads including Dorset Road, Mt Dandenong Road, Canterbury Road, with Eastlink and the Ringwood Bypass also within close proximity. Additionally, Croydon Station is just 4km* away with numerous buses that run along Dorset Road and Canterbury Road providing fantastic ease of access by car or public transport.

*Approx.
Pricing excludes GST.

Additional Information
Features
  • Availability: Immediate
  • Lease Term: 3 Years Plus 2 Further Terms Of 3 Years
  • Rent Review: 3% annual, market at review
  • Car Spaces: 13 spaces on-site
  • Condition: Brand New
  • Air Conditioning: Office
  • Floors: Concrete/carpet
  • Lifts: Nil
  • Height: 7 meters plus
  • Age: Brand New
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,825.00
  • Land Tax: TBA
  • Council Rates: $4,102.00
  • Owners Corp. / Insurance: $3,331.00
  • Other Charges: TBA
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:

  • 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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