SOLD
Sold on 19 Mar 2024 for $1,815,000

11/47 Frankston Gardens Drive
Carrum Downs VIC 3201

Bedrooms: 1
Bathrooms: -
Car spaces: 12
Floor area: 680m2
Land area: 709m2
Sold By
Lou Montalti
CRS PROPERTY
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Property Details for 11/47 Frankston Gardens Dr, Carrum Downs

Building Type
Commercial
Floor Size
680m2
Land Size
709m2
Local Government
Frankston
Lot/Plan
11/PS606749

Last Listing description (October 2023)

CRS Property is pleased to offer this property For Sale by Auction on Friday 3rd November 2023 at 12.30pm on site.

A great opportunity presents itself to purchase a high-quality warehouse/office in the heart of Frankston Garden Drive, Carrum Downs.


Key features include:
Total building area: 680sqm*, warehouse 480sqm* and double story office of 200sqm*
Vacant possession
Zoned: Industrial 1
High, clear span warehouse with container access
12 Allocated On-site parking
Secure and gated complex
Modern air-conditioned offices
Separate staff amenities in both the office and warehouse areas.
Located only minutes to East Link, Peninsula Link, Dingley Bypass and other major arterial roads.
Located within one of Melbourne's most established industrial precincts.
Suited to either an owner occupier or investor.

For more information please contact:
Lou Montalti on 0488 553 455 or Myles Snow on 0418 314 109


* denotes approx.

Property History for 11/47 Frankston Gardens Dr, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$1,815,000
19 Mar 2024
Listed for Rent
07 Dec 2015
  • 19 Mar 2024
    Sold for $1,815,000
  • 02 Oct 2023
    Listed for Sale AUCTION Friday 3rd November 2023 at 12.30pm On-site
  • 23 Mar 2021
    Sold for $1,265,000
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About Carrum Downs 3201

The size of Carrum Downs is approximately 20.2 square kilometres. It has 46 parks covering nearly 3.6% of total area. The population of Carrum Downs in 2011 was 19,122 people. By 2016 the population was 20,723 showing a population growth of 8.4% in the area during that time. The predominant age group in Carrum Downs is 30-39 years. Households in Carrum Downs are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Carrum Downs work in a trades occupation. In 2011, 70.5% of the homes in Carrum Downs were owner-occupied compared with 67.9% in 2016.

Carrum Downs has 12,549 properties. Over the last 5 years, Houses in Carrum Downs have seen a 27.75% increase in median value, while Units have seen a 27.99% increase. As at 31 October 2024:

  • The median value for Houses in Carrum Downs is $711,224 while the median value for Units is $564,735.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 12 properties listed for rent in Carrum downs on OnTheHouse. According to CoreLogic's data, 511 properties were sold in the past 12 months in Carrum downs.

Suburb Insights for Carrum Downs 3201

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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.