117 Bangholme RoadBangholme VIC 3175
Property Details for 117 Bangholme Rd, Bangholme
Last Listing description (September 2024)
CBRE is pleased to offer for sale 117 Bangholme Road, Dandenong South featuring a modern warehouse/office facility. Offered for sale by an Expressions of Interest campaign closing Thursday 17th October at 4:00pm AEDT. Opportunity highlights: Substantial landholding of 2.155 ha zoned Industrial 3 Modern tenanted facility with a total GLA of 11,081 sqm Multiple roller shutter doors and high internal warehouse clearances of 9.3 m springing height, utilised for manufacturing, warehousing and distribution Long WALE of 10 years with further options Triple Net Passing Income of $1,772,960 per annum with strong annual increases of 3.75% Heavily entrenched tenant including significant tenant infrastructure within the building Situated in Dandenong South, one of Australias most sought after industrial precincts Melbournes South East industrial market has current vacancy of 0.9%*, supporting sentiment for continued rental growth Immediate access to major arterials including Frankston-Dandenong Road and EastlinkFor further information please contact the exclusive selling agents.*approx.
Property History for 117 Bangholme Rd, Bangholme, VIC 3175
- 17 Sep 2024Listed for Sale Contact Agent
- 16 May 2022Listed for Rent - Price not available
- 29 Jun 2021Sold for $18,000,000
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About Bangholme 3175
The size of Bangholme is approximately 23.6 square kilometres. It has 4 parks covering nearly 6% of total area. The population of Bangholme in 2011 was 797 people. By 2016 the population was 786 showing a population decline of 1.4% in the area during that time. The predominant age group in Bangholme is 70-79 years. Households in Bangholme are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bangholme work in a clerical occupation. In 2011, 81.5% of the homes in Bangholme were owner-occupied compared with 84.2% in 2016..
Bangholme has 193 properties. Over the last 5 years, Houses in Bangholme have seen a 57.34% increase in median value, while Units have seen a 198.40% increase. As at 30 September 2024:
- The median value for Houses in Bangholme is $1,315,890 while the median value for Units is $1,639,821.
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