SOLD
Sold on 22 Mar 2024 for $17,408,000

12 Lakeside Drive
Burwood East VIC 3151

Bedrooms: -
Bathrooms: -
Car spaces: 350
Floor area: 4509m2
Land area: 17185m2
Save

Property Details for 12 Lakeside Dr, Burwood East

Building Type
Commercial
Floor Size
4509m2
Land Size
17185m2
Local Government
Whitehorse
Lot/Plan
1/PS300057

Last Listing description (November 2023)

Situated near the corner of Springvale Road and Burwood Highway, this wonderful parkland setting will provide an excellent space for the lucky new tenants to do business, with the competition of major refurbishment works due June 2023.

With the Monash Freeway and Eastlink in immediacy of the property and tram and bus services at your doorstep, 12 Lakeside Drive enjoys excellent connectivity to the CBD and Metropolitan Melbourne.


Local amenities include Caf Oggi, Bay 21 Caf, Thrive Health & Fitness and two childcare centres. It is within walking distance to Burwood One Shopping Centre and only a short drive to The Glen.


Key features include:
- Brand new, architecturally designed building faade
- New welcoming entrance foyer to the building including a new lift
- New smart energy efficient lighting
- Efficient refurbished floor plates with abundance of natural light and leafy outlook to four sides
- Premium End of Trip facilities including showers, lockers and bike racks.
- New Outdoor BBQ area
- Outstanding amenity for staff with childcare and caf next door
- Close proximity to The Glen Shopping Centre

Please call Kevin or John for more information

Property History for 12 Lakeside Dr, Burwood East, VIC 3151

A timeline of how this property has performed in the market
Last Sold
$17,408,000
22 Mar 2024
Listed for Rent
$6/w
15 Nov 2023
  • 22 Mar 2024
    Sold for $17,408,000
  • 03 Aug 2023
    Listed for Sale Contact agents today
  • 05 Apr 2022
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

About Burwood East 3151

The size of Burwood East is approximately 4.3 square kilometres. It has 20 parks covering nearly 10.5% of total area. The population of Burwood East in 2011 was 10,141 people. By 2016 the population was 10,269 showing a population growth of 1.3% in the area during that time. The predominant age group in Burwood East is 20-29 years. Households in Burwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood East work in a professional occupation. In 2011, 74.9% of the homes in Burwood East were owner-occupied compared with 71.2% in 2016.

Burwood East has 5,919 properties. Over the last 5 years, Houses in Burwood East have seen a 12.30% increase in median value, while Units have seen a 12.11% increase. As at 31 October 2024:

  • The median value for Houses in Burwood East is $1,247,981 while the median value for Units is $782,010.
  • Houses have a median rent of $610 while Units have a median rent of $628.
There are currently 23 properties listed for sale, and 17 properties listed for rent in Burwood east on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Burwood east.

Suburb Insights for Burwood East 3151

Market Insights
Burwood East Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Burwood East Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.