FOR RENT
$62,000

5/24-28 Eucumbene Drive
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 331m2
Land area: 616m2
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5/24-28 Eucumbene Drive, Ravenhall Victoria 3023

ARPBS Commercial have on offer a prime office/warehouse available 'for lease'. This property is strategically located just off the 'Western Highway' and within proximity to key markets, consequently providing any business with a sustainable competitive advantage.
Features
*Zoning: Industrial 3
*Car park allocation:6 car-spaces
*Total land size: 616 SQM Approx.
*Total building size:331 SQM Approx.
*3-phase power
*Secure-yard
*Clear-span ceilings
*Full amenities
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Property Details for 5/24-28 Eucumbene Dr, Ravenhall

Building Type
Commercial
Floor Size
331m2
Land Size
616m2

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About Ravenhall 3023

The size of Ravenhall is approximately 13.6 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Ravenhall in 2011 was 688 people. By 2016 the population was 1,162 showing a population growth of 68.9% in the area during that time. The predominant age group in Ravenhall is 20-29 years. Households in Ravenhall are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ravenhall work in a trades occupation. In 2006, 25% of the homes in Ravenhall were owner-occupied compared with 74.4% in 2011.

Ravenhall has 1,321 properties. Over the last 5 years, Houses in Ravenhall have seen a 140.54% increase in median value, while Units have seen a 42.71% increase. As at 30 November 2024:

  • The median value for Houses in Ravenhall is $768,924 while the median value for Units is $598,188.
There are currently 7 properties listed for sale, and 14 properties listed for rent in Ravenhall on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Ravenhall.

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George Mercieca
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ARPBS Commercial Real Estate
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