9, 1 The Promenade, South Morang, VIC 3752

Offices | Retail | Medical

Sold $375,000

  • Property ID: 409873
  • Floor Area: 105m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 9 Sold 16/11/2023 105m2 N/A $365,000
Your perfect fit - With a Price to Match

POINT OF INTEREST:
With business returning and demand in quality retail/office on the rise, this multi-functional space is your ticket to recovery. Located within a bustling centre that already hosts a variety of occupants like pharmaceuticals, dental, beauty, takeaway food and a bottle shop the asset itself is 105 sqm* of open plan space. A floorplan designed with versatility at its core; the building could be suited to offices, retail, or medical facilities (STCA).

The open plan space is fully carpeted, with floor to ceiling windows for plenty of natural light, a well-equipped kitchenette and multiple car spaces for visiting customers and staff. Zooming out from the centre shows you the opportunistic position within the large residential precinct, taking advantage of plenty of local traffic and the thriving local community atmosphere. Getting to the CBD from here takes one M1 journey or, alternatively, South Morang railway station is 1.4 km* from the site.

- 105 sqm* building area.
- Mixed use zoning.
- 5 staff car spaces onsite.
- Kitchenette included.
- Directly opposite Hendersons Creek Reserve.
- 1.4 km* from South Morang railway station.
- 1.4 km* from Westfield Plenty Valley.
- 10.5 km* from Hume Highway.
- 21.7 km* from Melbourne CBD.

POINT OF VIEW:
Servicing the local community, the centre is located opposite Hendersons Creek Reservice which offers beautiful walking tracks and wetlands. Who said you cant love where you work with a draw card like this at your door step.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Vacant Possession
  • Car Spaces: 5 allocated carspaces
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Carpet
  • Lifts: N/A
  • Height: 2.4 meters approx
  • Age: Unknown
  • Car Parking Fees: Nill
Outgoings
  • Water Rates: $1,791.31p.a. approx
  • Land Tax: to be advised
  • Council Rates: $1,768.13p.a. approx
  • Owners Corp. / Insurance: $7,121 82 p.a. approx
South Morang Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4266 $140 3.27%
Retail --- $286 ---
Offices --- $290 ---
This is the average advertised price, rent and yield for South Morang, VIC 3752*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices 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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