Suite 14, 1 Sigma Drive, Croydon South, VIC 3136

Offices

Sold

  • Property ID: 434000
  • Floor Area: 146m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Suite 14 Sold 08/02/2024 146m2 N/A Contact Agent
PRETTY MUCH NEW AND PRETTY BY DESIGN

POINT OF INTEREST:
PSA (Professional Services Attention): This is a near-new, ultra-modern office suite in the heart of Croydon South’s commercial mecca, and it’s up for sale or lease. Specifically, this is 146 sqm* of floorplan, where the interiors have been paid immaculate attention to — from the polished concrete floors to the generous natural light. The offices are partitioned with floor-to-ceiling glass, there’s lift access, ample on-site parking, a kitchenette, and plenty more staff amenities.

You’re likely familiar with the area, so you’ll already know that Merrindale Drive is littered with commercial enterprises big and small, and not just because like attracts like. The access to Dorset Road, Canterbury Road, and the Eastlink is seamless, with a trip into the CBD only taking 40 minutes on the M3 (in peak hour). For owner-occupiers or tenants, there are two cafes on the block for lunch and a wine bar for Friday knockoffs, and for investors looking to richen their portfolios, this is an asset only set to climb in demand.

- 146 sqm* total building area.
- Ultra-modern fit-out throughout.
- Kitchenette and lunchroom.
- 5 allocated car spaces.
- 700 m* to Dorset Road.
- 1 km* to Canterbury Road.
- 7 km* to the Eastlink.

POINT OF VIEW:
Businesses that mean business look like it. Impress clients and retain staff with a space that people want to return to, and your return on investment will take care of itself.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 5 allocated car spaces
  • Condition: As new
  • Air Conditioning: Yes
  • Floors: Polished concrete
  • Lifts: Yes
  • Height: 2.7 metres (approx)
  • Age: Near new
  • Car Parking Fees: Included in Rental
Outgoings
  • Water Rates: $1,200 pa approx. + GST
  • Land Tax: $0 (Single holding)
  • Council Rates: $1,700 pa approx. + GST
  • Owners Corp. / Insurance: $6,000 pa approx. + GST
Croydon South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $259 ---
Offices $3750 --- ---
Industrial --- $175 ---
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 Offices 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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