25, 21-43 Merrindale Drive, Croydon South, VIC 3136

Industrial

Sold

  • Property ID: 427792
  • Floor Area: 352m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 25 Sold 31/07/2023 352m2 N/A Contact Agent
AUTOMATIC POINT OF DIFFERENCE: THIS ADDRESS.

POINT OF INTEREST:

Croydon’s flagship business park, the Merrindale Drive Estate, doesn’t play favourites when it comes to the units on offer here. That’s likely because the considered design has ticked off every industrial checkbox for each unit, including LED lighting throughout, double-glazing windows, and solar-run hot water. Non-negotiables continue with stunning amenities like modern shower facilities and a full-height automatic roller door. Looking specifically into unit 25, the floorplan is a generous 352 sqm* with an 8 m* internal warehouse clearance, an office elevated to the first floor, and three entry points into the development. And while we’re talking about ease of entry, this point in Croydon is the winner’s circle. The Eastlink, Whitehorse Road, or Maroondah Highway is all within your 6 km* orbit, and Croydon railway station is a bit over 2 km* away.


- Leased to Melbourne Roofing Group
- New 5 year lease starting April 2023
- $59,500 + GST and Outgoings
- 52 sqm* of total building area.
- 8 m* internal warehouse clearance.
- 5 allocated on-site car parks.
- Full-height automatic roller door.


POINT OF VIEW:

They say business success is being at the right place at the right time. We’ve already established the place, but the time is down to who gets in first to secure this fine Investment.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 60 days
  • Lease Term: 5 years plus 1 further terms of 5 years
  • Rent Review: 3.5 % annual increases , market review at option
  • Car Spaces: 5
  • Condition: New
  • Air Conditioning: office only
  • Floors: Concrete
  • Lifts: no
  • Height: 8.0 meters
  • Age: Brand New
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBC
  • Land Tax: TBC
  • Council Rates: TBC
  • Owners Corp. / Insurance: TBC
Croydon South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $259 ---
Offices $3750 --- ---
Industrial --- $170 ---
This is the average advertised price, rent and yield for Croydon South, VIC 3136*

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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