18-20 Metropolitan Avenue, Nunawading, VIC 3131

Industrial

For Sale Contact Agent

  • Property ID: 446911
  • Floor Area: 357m² - 825m²
  • Land Area: 426m² - 1123m²
  • Occupancy: Vacant
Components

Name Naber's Floor Land Price Rental (p.a.)
18 N/A 357m2 426m2 Contact Agent Contact Agent
18 N/A 357m2 426m2 Contact Agent Contact Agent
18 N/A 357m2 426m2 $1,675,000 N/A
18-20 N/A 825m2 1123m2 $3,650,000 N/A
20 N/A 468m2 580m2 Contact Agent Contact Agent
20 N/A 468m2 580m2 Contact Agent Contact Agent
20 N/A 468m2 580m2 $1,975,000 N/A
TWO BUILDINGS. ONE UNBEATABLE OPPORTUNITY.

POINT OF INTEREST:

When versatile storage space is at the top of your list, make this double Nunawading offering the top of your viewing list. The two separately titled buildings are fronting Metropolitan Avenue and combine to a sizeable land parcel of 1,123 sqm* and 825 sqm* in building space. Strength in numbers also comes in the form of options, as the buildings can be purchased separately or together for an exceptional industrial advantage. Number 20 is vacant, but 18 has a month-to-month tenancy in place, a handy income driver until you decide whether to occupy, value add or develop something completely different in the future. Both buildings have their advantages, with 18 featuring a considerable hardstand as part of the blueprint, and 20 including a vast office space. Both prioritise functional warehouse space, but the two together make a brilliant industrial package. Backing onto Bunnings, this pocket of Nunawading is exceptionally difficult to crack into, and it's got everything to do with the proximity to major arterials like the Eastlink and Springvale Road, as well as the bustling MegaMile retail strip.

- 825 sqm* total building area.
- 1,123 sqm* total land area.
- Strategically positioned next to Bunnings.
- Opportunity to buy individually or combined.
- Flexibility to occupy, value add or redevelop.
- 200 m* to Whitehorse Road's Golden Mile.
- 2.5 km* to the Eastern Freeway / Eastlink.
- 1.1 km* to Nunawading Railway Station.

POINT OF VIEW:

Every kind of option is on the table, with limitless potential and future forms. Strategic industrial players typically take what they can get when it comes to Nunawading, but this package spoils for choice — if you’re quick enough.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: At settlement
  • Car Spaces: Allocated on site
  • Condition: Good
  • Air Conditioning: Office area
  • Floors: Concrete/floor boards
  • Lifts: N/A
  • Height: 5 metres approx.
  • Age: 35 years approx.
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: 18 Metropolitan: $1,187* p.a. (2024). 20 Metropoli
  • Land Tax: 18 Metropolitan: $3,276* p.a. Single Holding (2024). 20 Metropolitan: $2,952* p.a. Single Holding (2024).
  • Council Rates: 18 Metropolitan: $2,874.45* p.a. (2024). 20 Metropolitan: $2,874.45* p.a. (2024) .
  • Owners Corp. / Insurance: N/A
  • Other Charges: TBC
Nunawading Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4521 $157 3.46%
Offices $3825 $195 5.09%
Retail --- $360 ---
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 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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