5, 7-17 Geddes Street, Mulgrave, VIC 3170

Industrial

Sold

  • Property ID: 423013
  • Floor Area: 621m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 5 Sold 09/12/2022 621m2 N/A Contact Agent
Front (Of Estate) Of Mind.

POINT OF INTEREST:

To be sold with vacant possession via Public Auction on site on Friday 9th December at 12 midday.

A golden asset within a suburb of scarcity, this is not only a ticket into Mulgrave’s best commercial precinct, but it’s the front-row seat. With a total building area of 621 sqm*, the recently renovated ground and first-floor offices can also be separated for dual occupancies running alongside each other — if you’re into modern-and-impressive-presentation kind of assets.

For those with stock to shift or technology to store, the warehouse area is a generous 313 sqm* with a 6.5 m* internal height. Without a doubt, a major selling point is its individual driveway access to the warehouse directly from the street. And, the eight car spaces located in one line facilitate a rare opportunity for containers to not bother the neighbours. The outlook is clear skies when you’re looking straight out to Geddes Street, with frontage as generous as the amount of natural light seeping in.

Located directly behind the Monash Freeway, it’s no coincidence that property supply is so low in an area spoiled for freeway access and amenities like Brandon Park Shopping Centre only 500 m* away.

- Front of the estate looking out to Geddes Street.
- 621 sqm* total building area.
- Including 308 sqm* of recently renovated ground and first-floor office.
- Ducted heating and cooling for office areas.
- Intercom, security camera system and gated estate.
- The ability for a multi-tenancy setup.
- 8 allocated car spaces on title and additional 10 visitor parks on site.
- Individual driveway with direct street access.
- 100 m* from the Monash Freeway, 380 m* from Ferntree Gully Road, and 20 km* from Melbourne CBD.

POINT OF VIEW:

There’s a common juxtaposition between the privacy of an estate, and occupants sharing a driveway. Here, you’re just-in-a-position to conduct business in solitude with your own driveway access straight off Geddes Street.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 8 on title. Further 10 visitor parks in the estate.
  • Condition: Excellent
  • Air Conditioning: Yes, Ample Ducted & Split Systems
  • Floors: Concrete, Carpet
  • Lifts: NA
  • Height: 6 metres*
  • Age: 2012
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $603.52 approx. per annum
  • Land Tax: Nil.
  • Council Rates: $2,545.70 approx. per annum
  • Owners Corp. / Insurance: $4,223.75 approx. per annum.
Mulgrave Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $176 ---
Retail $4375 --- ---
Offices --- $284 ---
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 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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