11, 137-145 Rooks Road, Nunawading, VIC 3131

Industrial

Sold

  • Property ID: 382419
  • Floor Area: 310m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 11 Sold N/A 310m2 N/A Contact Agent
A HEALTHY 37,000 REASONS TO INVEST

POINT OF INTEREST:

Between Canterbury and Whitehorse Roads is this golden opportunity for consistent rental return. Rooks Road is a well-established commercial area in Nunawading, just a short stretch to the mega mile on Whitehorse Road. What’s also established is the current tenants, Smart Healthcare. Approaching their second of three years on the current lease with a further term of three years, the immediate income provided by this niche massage chairs distributor – who have offices in New South Wales and Vietnam - will be well received.

Contracts now available upon request

310 sqm* building area.
Investment returning approx. $37,080 per annum.
Four on-site carparks included.
Split system air-conditioning to offices.
Less than 3km* from both Mitcham and Nunawading railway stations.
Bus service 738 connecting Mitcham railway station and Knox City shopping centre.
Close to Eastlink as well as Springvale, Canterbury and Whitehorse Roads.

POINT OF VIEW:

2020 brought attention to health. Let 2021 bring intention to wealth.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to a lease
  • Lease Term: 3 + 3 years
  • Rent Review: 3% annual
  • Car Spaces: 4 on site
  • Condition: fair
  • Air Conditioning: Yes
  • Floors: concrete and timber /steel first floor
  • Lifts: N/A
  • Height: 6.5-7 metres
  • Age: Circa 15 years
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,300.00 (estimate)
  • Land Tax: $0 (Single holding)
  • Council Rates: $2,132.95
  • Owners Corp. / Insurance: $2,372.24
Nunawading Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $360 ---
Industrial $4488 $157 3.49%
Offices $3825 $132 3.44%
This is the average advertised price, rent and yield for Nunawading, VIC 3131*

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:

  • 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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