5, 27-33 Thornton Crescent, Mitcham, VIC 3132

Industrial

Leased

  • Property ID: 400335
  • Floor Area: 520m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 5 Leased N/A 520m2 N/A N/A
A PIECE OF MITCHAM'S COVETED INDUSTRIAL POCKET

POINT OF INTEREST:
Ever considered upgrading your business to one of Melbourne’s most sought-after industrial pockets? There’s a reason why Thornton Crescent is a rare commodity, and it has a lot to do with its connection to the major arterials like the Eastern Freeway, Eastlink, and Whitehorse Road.

This is an opportunity that ticks every box for your next move — you’ll have your own warehouse with an research and development/tech area, two levels of air-conditioned office space, and a versatile 112 sqm* mezzanine storage area. There’s also a kitchenette, private toilet amenities, a lunchroom, and ample car spaces allocated on site. The wide roadway also provides seamless access for heavy vehicles. A four-minute walk to Mitcham Railway Station, easy access to the 901 bus that connects Frankston to Tullamarine Airport, and 690 metres* from Mitcham Retail Centre.

- 242 sqm* warehouse.
- 194 sqm* two-level office.
- 112 sqm* R&D/tech area.
- Additional mezzanine storage.
- Rear roller door access.
- 8 car spaces on-site.
- 2.61 km* from Eastlink.

POINT OF VIEW:
Immersing yourself amongst one of Melbourne’s most prominent industrial hubs will have an extraordinary return for your business. This is a pocket that means business and your business will mean more when you upgrade to a generous space that offers plenty.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: December 2021
  • Car Spaces: 8 allocated on-site
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete/Carpet
  • Lifts: N/A
  • Height: 6.5-7 metres approx.
  • Age: Mid 90s
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,163 p.a approx.
  • Land Tax: TBA
  • Council Rates: $2,861.90 p.a approx.
  • Owners Corp. / Insurance: $8,712 p.a approx.
Mitcham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6410 $260 4.05%
Retail $6410 --- ---
Industrial $6250 $194 3.10%
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 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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