67/31-37 Norcal Road, Nunawading, VIC 3131

Industrial | Offices | Showrooms

Sold Contact Agent

  • Property ID: 413965
  • Floor Area: 250m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 250m2 N/A Contact Agent
Modern Warehouse in Quality Business Park

Ray White Commercial is proud to present 67/31-37 Norcal Road, Nunawading to market by way of a Public On-site Auction scheduled for Friday 1st July, 2022 @ 12:00pm.

The property is located in the well known industria Business Park which is strategically located within the Eastern corridor of Metropolitan Melbourne a mere 400m* from Nunawading Homemaker HQ and only 2km* from the Eastern Freeway / EastLink (M3) entry and exit ramps. It is easily accessible via Springvale Road, Whitehorse Road / Maroondah Highway, EastLink (M3) and moments from Nunawading Train Station.

The property itself presents a fantastic opportunity for both investors and future owner occupiers given the scarcity of this asset class and would make a perfect addition to any property portfolio or SMSF.

Property Features:

• Total building area | 250m2*
• Includes first floor carpeted office with split system | 48m2*
• 2 + 2 Year Lease (Commenced June 2021)
• 3% Fixed annual increases
• Electric roller door, 3 phase power, LED High Bay Lights
• Excellent internal clearance up to 7.2m*
• Three (3) car spaces on-title
• Amenities | kitchenette, disabled toilet, shower
• Popular Mr Robertson Cafe on-site
• Industrial 1 Zone (IN1Z)
• Terms | 10% Deposit, Settlement 30/60/90 days

For further information please contact one of the exclusive marketing agents:

Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Nunawading Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $360 ---
Industrial $4629 $157 3.38%
Offices $3825 $127 3.32%
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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