34 Thornton Crescent, Mitcham, VIC 3132

Industrial

Sold

  • Property ID: 399556
  • Floor Area: 636m²
  • Land Area: 880m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 636m2 880m2 Contact Agent
RARITY MEETS VERSATILITY.

Auction: Wednesday 10th November 2021 at 12pm on-site.

Some might say it’s easier to win the lottery than it is to get your hands on a freehold warehouse located in the highly sought-after industrial pocket of Thornton Crescent. The building, measuring at 636 sqm*, and the land, 880 sqm*, are just south of the Whitehorse Road ‘Mega Mile’, and provide an adaptable blank canvas suited to a wide spectrum of businesses.

The flexible layout, air-conditioned office, and connectivity to Eastlink are enhanced by the 4-minute walk to Mitcham Railway Station. Larger vehicles encouraged with Thornton Crescent’s wide roadway providing easy access, the space is filled with opportunities for construction trades, showroom purposes, warehousing, or a wise investment prospect in a highly coveted location.

- Total building area: 636 sqm*.
- Incl. 480 sqm* warehouse area.
- Incl. 156 sqm* air-conditioned office.
- Ample hardstand perfect for containers.
- Generous car parking available on site.
- 1.4 km* to Mitcham Railway Station.
- 5 mins* to Eastlink.

POINT OF VIEW:
There’s a reason we rarely see Thornton Crescent on offer — the area is a perfect combination of flexibility, convenience, and versatility whereby your business is sure to prosper.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: At Settlement
  • Car Spaces: Allocated on-site
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete/Carpet
  • Lifts: N/A
  • Height: 4-6.5 metres approx.
  • Age: TBA
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,233.14 p.a. approx.
  • Land Tax: $1,440 p.a. approx. (Single Holding)
  • Council Rates: $2,728.30 p.a. approx.
  • Owners Corp. / Insurance: Insurance TBA
Mitcham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6714 $314 4.68%
Industrial $6250 $300 4.80%
Retail $6714 $444 6.62%
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 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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