2, 54 Merrindale Drive, Croydon South, VIC 3136

Industrial

Leased

  • Property ID: 445726
  • Floor Area: 190m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 4 Leased 01/11/2024 190m2 N/A $34,000
DESIGNED WITH MODERN PRINCIPLES.

POINT OF INTEREST:

It’s not often you see ‘architecturally designed’ and ‘warehouse’ together, it’s even less common to see it on the market in the highly sought-after Merrindale Drive Estate. Both exist, here. Clocking in at 190 sqm* of total building area, 26 sqm* of that is mezzanine office space with air-conditioning to boot. The rest is made up of functional high-clearance warehousing, with three-phase power, generous natural light, and container-height roller shutter doors. There are 2 allocated car spaces here, and speaking of vehicle journeys, Merrindale Drive is within close proximity of Dorset, Mount Dandenong and Canterbury Roads. Commuting via public transport means an easy bus 500 m* away or getting to nearby Croydon railway station which services the Lilydale and Belgrave lines.

- 190 sqm* total building area.
- 26 sqm* of mezzanine office space.
- Container-height roller shutter doors.
- 2 allocated car spaces on-site.
- Industrial 1 zoning.
- 3.5 km* from Croydon railway station.
- 860 m* from the Citylink

POINT OF VIEW:

As new property for the leasing price of a second hand rental — savvy businesses begin their successes here.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30 Days notice
  • Car Spaces: 2
  • Condition: Excellent
  • Air Conditioning: Office area
  • Floors: Concrete/ Carpet
  • Lifts: N/A
  • Height: 6.5-7m*
  • Age: 3 Years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,000 approx.pa
  • Land Tax: TBC
  • Council Rates: TBC
  • Owners Corp. / Insurance: $3,000 approx.pa
Croydon South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $170 ---
Retail --- $259 ---
Offices $3750 --- ---
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 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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