10 & 11, 27-33 Thornton Crescent, Mitcham, VIC 3132

Offices

Sold / Leased

  • Property ID: 419603
  • Floor Area: 165m² - 457m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 10 Sold 31/07/2023 457m2 N/A Contact Agent
Unit 11 Leased 31/07/2023 165m2 N/A N/A
TWO ASSETS. THREE OPTIONS. ONLY OFFICE AREA LEFT

POINT OF INTEREST:
Two assets, three options to suit, and a significantly low vacancy rate makes this listing appealing to the majority. Sitting within an industrial mecca in Melbourne’s east, units 10 and 11 are both up for lease with a combined building area of 622 sqm*, or, unit 10 is also on the market for sale. There’s the option to occupy them together as one unit or separately depending on your needs, with unit 10 delivering a complete office and warehouse hybrid equipped with generous breakout space and five allocated car spaces. The warehousing is accessible through a rear roller door and has a high clearance, while also providing multiple three-phase power outlets and a high-speed fibre optic connection. Unit 11 is interconnected with next door, offering prime first-floor office space, a beautifully presented foyer, and two allocated car spaces. Security and aesthetics blend together with a modern fit-out and an advanced alarm and CCTV system; a high consideration for both assets. The location lends itself to more than just accessible arterials and convenient public transport options, it boasts CBD views to rival any home office, too. Sitting within walking distance to Whitehorse Road’s Megamile, it’s also 1 km* to Mitcham or Nunawading railway station — take your pick. Getting into the CBD is as simple as taking the M3 for half an hour, or if you’re heading even further east, the Eastlink is only 2.4 km* away.

- Unit 10:SOLD
457 sqm* of building area.
328 sqm* of office area.
129 sqm* of warehousing.
5 car spaces are allocated.

- Unit 11: for lease only
165 sqm* total building area.
2 car spaces are allocated.



- 2.4 km* to the Eastlink.
- 1 km* to Mitcham railway station.
- 19.7 km* from Melbourne CBD.

POINT OF VIEW:
Sometimes, it isn’t about finding the square hole for your square peg. This is a listing with multiple options, ready to take your ambitions from two-dimensional to three times the value.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: November / December 2022
  • Car Spaces: total of 7
  • Condition: Excellent
  • Air Conditioning: Offices
  • Floors: Concrete
  • Lifts: NA
  • Height: Various
  • Age: Circa 1990's - Fully refurbished in 2020
  • Car Parking Fees: NA
Outgoings
  • Water Rates: Unit 10 - $1,915.32 incl consumption Unit 11 $520
  • Land Tax: Unit 10 - $434.50 Unit 11 - $ 180.00 (estimate)
  • Council Rates: Unit 10 - $1,914.00 Unit 11 - $800.00 (estimate)
  • Owners Corp. / Insurance: Unit 10 - $5,280.00 Unit 11 - $2,465.00 (estimate)
Mitcham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6714 $335 4.99%
Retail $6714 $444 6.62%
Industrial $6250 $300 4.80%
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 Offices 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:

  • 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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