14, 31-39 Norcal Road, Nunawading, VIC 3131

Industrial

Sold

  • Property ID: 440219
  • Floor Area: 198m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 14 Sold 23/02/2024 198m2 N/A Contact Agent
ELEVATE YOUR BUSINESS FOR 2024.

POINT OF INTEREST:

A highly modern and efficient corner building within the Industria Estate that bucks the stereotype of what you’d expect from an industrial asset. Architecturally designed for high-performers needing a high clearance, the warehousing has been fit for container height and spreads out to 153 sqm* with a 45 sqm* first-floor office upstairs. There’s a motorised roller door, air conditioning, kitchenette, and 3 on-site car spaces. Owner-occupiers will look out to the floor-to-ceiling windows for the abundance of natural light, whilst investors have already taken note of the premium location within Nunawading’s commercial precinct. The Eastlink is a bit over 3 km*, however, Whitehorse, Canterbury, and Springvale Roads are all considered your local arterials by car, whereas Nunawading railway station is a 300 m* walk.

- 198 sqm* total corner-positioned building area.
- 153 sqm* in container-height warehousing.
- 45 sqm* in first-floor office space.
- 3 allocated car parks.
- Sought after Industria Estate.
- 300 m* to Whitehorse Road.
- 1.7 km* to Canterbury Road.

POINT OF VIEW:

Just like 2024 resolutions and February, choice and Nunawading are rarely seen together. So whether you’re in the market to invest, lease, or both, this option is already halfway out the roller door.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 3 on site
  • Condition: Excellent
  • Air Conditioning: Yes - in office
  • Floors: Concrete/carpet
  • Lifts: N/A
  • Height: 6.5 metres approx
  • Age: Approx 6 years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,138 p.a approx.
  • Land Tax: $975 (single holding)
  • Council Rates: $2,182 p.a approx.
  • Owners Corp. / Insurance: $1,963 p.a approx.
Nunawading Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4534 $157 3.45%
Retail --- $360 ---
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 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:

  • 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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