43 Aspen Circuit, Springvale, VIC 3171

Industrial

Leased

  • Property ID: 432918
  • Floor Area: 150m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 13/10/2023 150m2 N/A Contact Agent
SPRINGVALE'S POLISHED (CONCRETE) INDUSTRIAL ASSET.

POINT OF INTEREST:

For those who have no business in trading in traditional industrial settings, this is a brand-new hybrid asset built for modern players. On paper, it’s 115 sqm* of clever warehousing with painted walls and a 7.5 m* internal clearance, as well as an air conditioned mezzanine office space measuring 35 sqm*. The floorplan has been designed to blend business and leisure, with polished concrete floors, solid timber and steel accents, and vast openable windows. There’s also three-phase power, a floor-to-ceiling-tiled bathroom with shower facilities, and 2 allocated car spaces — plus an additional 80 visitor car spaces throughout the estate. This is a hub that has one foot in the Bayside market and another in Melbourne’s commercially-driven eastside. Your neighbours are a mix of young e-commerce success stories and big-name retailers, with employee amenities nearby like Athletica Performance gym and Nandos for a quick lunch.

- 150 sqm* of total building area.
- 115 sqm* of high clearance warehousing.
- 35 sqm* of mezzanine office space.
- Industrial 1 zoning.
- 2 reserved car spaces on-site, 80 visitor car spaces throughout the estate.
- 7.5 m* internal clearance.
- 3-phase power system.
- 600 m* from Springvale Road.
- 1 km* from Princes Highway.

POINT OF VIEW:

The design considerations were so detailed that the estate sold out all three stages off-the-plan. The buyers did their due diligence to get in early, and now it’s first in, best addressed for FY23.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate.
  • Car Spaces: 2 included plus 80 visitor.
  • Condition: Excellent.
  • Air Conditioning: Yes - in office.
  • Floors: Concrete / Carpet.
  • Height: 7.5 m*.
  • Age: 2021.
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,000 p.a.
  • Council Rates: $2,500 p.a.
  • Owners Corp. / Insurance: $1,300 p.a.*
  • Other Charges: Air Conditioning Servicing - $1,000 p.a.
Springvale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4907 $184 3.75%
Offices $4564 $199 4.36%
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:

  • 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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