6B, 25-39 Cook Road, Mitcham, VIC 3132

Industrial

Sold

  • Property ID: 430146
  • Floor Area: 42m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 6B Sold 31/07/2023 42m2 N/A Contact Agent
LOW COST, LOW MAINTENANCE ACQUISITION

POINT OF INTEREST:
Branch out into commercial property with a practical, low cost, zero maintenance opportunity such as this well-located storage unit within a sought-after Mitcham business park. Offering 42sqm* of blank canvas storage space which offers high cubic capacity and racking, the unit also has easy vehicle access ensuring not only deliveries but unloading and reloading can be easily taken care of.

An automatic roller door aids the functionality and once the goods are in-situ, there is on-site security.

Perfect for any neighbouring or local business needing to expand their warehousing/storage capabilities or for investors who want an easily-lettable space, the unit has been kept in spectacular condition and occupies a prime position, which offers proximity to Eastlink, Ringwood Bypass and Maroondah Hwy.

- Building area: 42sqm*
- Industrial 3 Zone
- Well maintained storage unit
- Ground floor location
- Driveway access
- Automatic roller door
- Powered

POINT OF VIEW:
Property acquisitions don’t need to be elaborate or unaffordable, sometimes the simplest offering will fit the bill. And this is the ideal start or expansion opportunity that is well located - but won’t break the bank.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: By negotiation
  • Car Spaces: Nil
  • Condition: Excellent
  • Air Conditioning: Nil
  • Floors: Concrete
  • Lifts: N/A
  • Age: Circa 10 years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
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:

  • 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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