29 Pickering Road, Mulgrave, VIC 3170

Industrial

Leased

  • Property ID: 441581
  • Floor Area: 897m²
  • Land Area: 1412m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 30/04/2024 897m2 1412m2 Contact Agent
THE PICKERING OF THE INDUSTRIAL CROP.

POINT OF INTEREST:

A precinct synonymous with commercial seniority, the only thing the tenants here have in common (besides seamless operations) is that they know how quickly to act on a fleeting opening. The free-standing office and warehouse hybrid is securely gated with a private driveway. The generous warehouse stretches to 749 sqm* and includes roller door access with a rear yard, while the light-filled office upstairs has heating and cooling and measures 148 sqm* — but both floors have their own kitchenette. Parking isn’t an issue, there are 14 spaces with four of them undercover, and the commute here would have been just as cruisey. You’re 500 m* from the Monash and Springvale Road intersection, 650 m* from Ferntree Gully Road, and 5.5 km* from the Eastlink. The neighbours here are both outstanding in their field and out-standing the waitlist to move in here; Monash University, Victorian Heart Hospital, Amazon Delivery, and Brandon Park Shopping Centre are all within a kilometre.

- 897 sqm* total building area.
- 749 sqm* in warehousing.
- 148 sqm* in office space.
- Special use 6 zoning.
- 14 allocated car spaces, 4 undercover.
- Rear yard with a private driveway.
- Ground and first-floor kitchenettes.
- 600 m* from the Monash Fwy and Springvale Road intersection.

POINT OF VIEW:

An address that raises the bar higher than the clearance in this warehouse. Because when it comes to industrial, settling for an up-and-comer is for businesses with five years to spare. Hit the ground running in a hub built for trailblazers.


*Approximate

Additional Information
Features
  • Availability: Mid-April 2024.
  • Car Spaces: 14 (4 undercover) on site.
  • Condition: Good.
  • Air Conditioning: Yes - in office.
  • Floors: Concrete and carpet.
  • Lifts: NA
  • Height: 5-6 metres*.
  • Age: Circa 1980's
  • Car Parking Fees: N/A.
Outgoings
  • Water Rates: $1,200 p.a.*
  • Land Tax: $3,400 p.a.*
  • Council Rates: $6,200 p.a.*
  • Owners Corp. / Insurance: NA
Mulgrave Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $142 ---
Industrial --- $166 ---
Offices --- $326 ---
This is the average advertised price, rent and yield for Mulgrave, VIC 3170*

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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