19, 993 North Rd, Murrumbeena, VIC 3163

Industrial | Retail | Showrooms

Sold

  • Property ID: 432591
  • Floor Area: 520m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 19 Sold 16/02/2024 520m2 N/A Contact Agent
WAREHOUSE SALES INVESTMENT WITH FLEXIBILITY

Vinci Carbone are pleased to offer for private sale this modern warehouse which has been converted to a very busy warehouse sales outlet and showroom. The property’s key attributes and long standing business ‘Luisa Boutique’ make it a very desirable investment.

Key highlights:

Building area: 520 sqm* including full level permitted mezzanine
Returning $80,000 per annum* plus outgoings plus GST
Favourable 4% fixed increases
Securely leased to established tenant of 40 years ‘Luisa Boutique’ on a new 3 year lease with options
4 car spaces on Title
Industrial 3 Zone


This property is ideally located on North Road, Murrumbeena which is just 13 kilometres* south-east from Melbourne’s CBD. There is an abundance of amenity within easy reach of this property including the Chadstone Shopping Centre and public transport via bus services on North Road and Murrumbeena Train Station just a short walk north of the property.

*approx

Additional Information
Features
  • Availability: Subject to a lease
  • Car Spaces: 4
Murrumbeena Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2692 --- ---
Retail $7500 $200 2.67%
Offices $7321 $198 2.70%
This is the average advertised price, rent and yield for Murrumbeena, VIC 3163*

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:

  • 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×