11, 54 Smith Road, Springvale, VIC 3171

Industrial

Leased

  • Property ID: 423491
  • Floor Area: 138m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 11 Leased 12/01/2023 138m2 N/A N/A
GOOD THINGS COME IN AFFORDABLE PACKAGES.

POINT OF INTEREST:

Affordable and warehousing are rarely found in the same sentence in 2022, which makes this listing a lucky find. 138 sqm* of functional floorplan space — well-maintained and with plenty of industrial uses — is made even better by the three-phase power upgrade and high roller door access. For the paperwork-place zone, there’s an office space with plenty of desk room, a kitchenette and bathroom amenities. Leaving the home office and entering a boutique industrial estate means getting friendly with like-minded businesses, and here you’ll meet Union Engineering Supplies, Carbon Computer Software, and Zeal Refrigeration. And on the other side of Smith Road, you’ll have access to the Springvale Mega Centre for Aldi, Ampol, The Good Guys, and McDonald's. The asset has got accessibility in spades by sitting 200 m* off of Princes Highway (and the bus stop found here) and is 1.3 km* to Springvale Road. In theory, you’re 23 km* from the CBD, but in practice on the M1 you’ll get into the CBD in half an hour.

- 138 sqm* total building area.
- 25 sqm* office area.
- Industrial 1 zoning.
- Industrial estate of only 15 units.
- 2 allocated car spaces.
- 100 m* to Springvale Mega Centre.
- 23 km* to Melbourne CBD.

POINT OF VIEW:

Everyone remembers their first warehouse. And when a space caters perfectly to trades, e-commerce, and logistics for this price, the only catch is that it won’t stay on the market long.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: January 2023.
  • Car Spaces: 2 allocated car spaces.
  • Condition: Good.
  • Floors: Concrete.
  • Height: 6m*.
  • Age: 2013
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $700 pa*
  • Council Rates: $2,400 pa*
  • Owners Corp. / Insurance: $2,500 pa*
  • Other Charges: AC Maintenance: $600pa*, Roller Door service TBC.
Springvale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4564 $199 4.36%
Retail $4907 $184 3.75%
Industrial $5536 $209 3.77%
This is the average advertised price, rent and yield for Springvale, VIC 3171*

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

Days on Market data for Industrial 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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