3, 56 Norcal Road, Nunawading, VIC 3131

Industrial

Leased $2,850,000

  • Property ID: 432961
  • Floor Area: 709m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 3 Leased 02/10/2023 709m2 N/A $124,000
TRIPLE THE OPPORTUNITY, TRIPLE THE COMPETITION TO SECURE.

POINT OF INTEREST:
This modern industrial asset is on the market in more ways than one, piquing the interest of investors, owner-occupiers, and tenants who have eyed Norcal Road’s ballooning popularity and diminishing openings. An impressive office /showroom spanning two levels, access to the warehouse via a container-height roller door with an internal height of approximately 7.5 m*. The ground floor also hosts a waiting area, a glass-partitioned boardroom, an extensive commercial-grade kitchen, a showroom, and male and female amenities. Level one offers a spacious and generously-light filled workspace area, with three partitioned offices included in the floorplan. Heating and cooling make a comfortable difference within the offices and showroom spaces, as do the 9 allocated car spaces afforded to this asset, along with the ample on street visitor parking. Arterial access and public transport are completely streamlined; it’s 3 minutes to Whitehorse Road, 950 m* to Springvale Road, 2 km* to the Eastlink, and 1 km* to Nunawading railway station.

- 709 sqm* total building area.
- 150 sqm* first-floor office area.
- 150 sqm* ground-floor showroom.
- Warehousing has an internal height of approximately 7.5 m*.
- 9 allocated car parks on-site plus shared visitor parking.
- Solar panels (30kw) on roof with 13kw battery.
- Coffee and lunch is a short stroll to the renown Mr Robertson Café.
- 3 minutes* to Whitehorse Road.
- 950 m* to Springvale Road.
- 1 km* to Nunawading railway station.

POINT OF VIEW:
Whether you’ve made it your business to strengthen your portfolio with the Nunawading postcode, stack, shift, or display stock for more compelling client impressions, or simply want the modern blend of an industrial workplace — your next financial year will strongly benefit from roots set here.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 9 on site
  • Condition: Excellent
  • Air Conditioning: Office/showroom
  • Floors: Concrete / timber- carpet first floor
  • Lifts: NA
  • Height: 7-8 Metres *
  • Age: circa 10-12 years
  • Car Parking Fees: NA
Outgoings
  • Land Tax: $0 (single holding)
  • Council Rates: $2,535.75
  • Owners Corp. / Insurance: $9,214.60
Nunawading Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5591 $360 6.44%
Offices $3533 $196 5.55%
Industrial $4479 $157 3.49%
This is the average advertised price, rent and yield for Nunawading, VIC 3131*

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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×