Unit 7, 22-24 Redland Drive, Mitcham, VIC 3132

Industrial

Sold

Sold

  • Property ID: 420799
  • Floor Area: 247m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 7 Sold 02/11/2022 247m2 N/A Contact Agent
COOKING (AND DOING BETTER BUSINESS) WITH GAS.

AVAILABLE FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING Wednesday 9th of November 2022 AT 3:00PM

POINT OF INTEREST:

A food factory with all industry palates accounted for; Move in immediately to begin cooking, producing, and delivering what it is you’re known for. Up for sale is a 247 sqm* fully fitted food production machine. A food factory with a six-month head start on the competition, as all relevant permits are already in place — all you need to do is turn on the lights and get cooking. Naturally, there’s a freezer room and cooler room included here, with gas available to power the stoves (and the rest). There are also four on-site allocated car spaces with plenty of street parking also available in the area. Speaking of, Redland Drive hosts a myriad of other commercial enterprises that had the early tip to set up in Mitcham. It’s no wonder with so many arterials at your disposal, like Canterbury Road sitting 600 m* away, Whitehorse Road is only 1.5 km* from here, and the Eastlink only a quick 2.4 km*. This means getting into the CBD takes only 45 minutes, while taking the train via Mitcham railway station transports you centrally in just over an hour.

- 247 sqm* total building area.
- Including 76 sqm* of first-floor.
- 4 on-site car spaces.
- Freezer room and cooler room included.
- Grease trap included.
- Previously occupied as a Gluten free food production.
- Solar panels on the roof.
- Gas available.
- 600 m* from Canterbury Road.
- 2.4 km* from the Eastlink.
- 1.3 km* to Mitcham railway station.
- 20 km* from Melbourne CBD.

POINT OF VIEW:

In the early 2010s, a significant development in the suburb’s roads, public transport, and shopping led to skyrocketing house prices and asset investment demand. Pair this with the Eastland shopping centre’s $700 million transformation, and this part of Melbourne will always be bookmarked by tenants and investors alike.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30-60 days
  • Car Spaces: 4 on site car spaces
  • Condition: Excellent
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: Goods lift
  • Height: 7.0 meters approx
  • Age: 20 years +
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,111.20 p.a. approx.
  • Land Tax: $0 (Single Holding Basis)
  • Council Rates: $848.80 p.a. approx.
  • Owners Corp. / Insurance: $1,308 p.a. approx.
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 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×