SOLD
Sold on 26 Jul 2024 for $910,000

14-16 Concord Crescent
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: 31
Land area: 197m2
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Property Details for 14-16 Concord Cres, Carrum Downs

Building Type
Commercial
Land Size
197m2
Local Government
Frankston
Lot/Plan
86/LP141333

Last Listing description (October 2023)

Move into Carrum Downs newest industrial park "Concord Business Park".

Just released for sale, these Industry approved warehouses range in size from 156sqm and are now selling.

Situated in a prime position within the Carrum Downs industrial precinct at the gateway to the Mornington Peninsula. The site fronts onto Concord Crescent and is only a "Stones Throw" from Frankston Dandenong Road and Peninsula Link

* Frankston Dandenong Road 200m*
* Peninsula Link 1.1km*
* Eastlink 2km*

Thoughtfully designed, the small business park features wide driveways with two entrances off Concord Crescent. Warehouses 4-6 have front and rear roller doors while the other units have ample room to reverse larger vehicles, trailers, caravans etc.

To be completed with premium finishes, some notable inclusions and features include;

* Small development of just 13 units.
* Sizes range 156sqm 251sqm*
* Each warehouse is fitted with a first floor office
* Carpet, heating/cooling and acoustic ceilings in office areas
* Stainless steel and hardwood staircases
* 3 Phase power
* Excellent layout with many having street frontage
* Internally painted warehouses up to 8m* high
* Motorised roller doors 5m* high x 4m wide
* Bathroom facilities with showers in each unit
* Generous car parking on title (31 carparks in total)
* Popular sizes that will suit owner occupiers and investors alike
* New building depreciation available
* Being constructed by an experienced commercial builder
* Completion due Q1 2024

With construction already underway, contact the listing agents to receive the building plans, list of inclusions or book a private inspection.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

Property History for 14-16 Concord Cres, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$910,000
26 Jul 2024
  • 26 Jul 2024
    Sold for $910,000
  • 26 Oct 2023
    Listed for Sale From $625,000 + GST
  • 16 Sep 2021
    Sold for $2,942,500
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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 12,593 properties. Over the last 5 years, Houses in Carrum Downs have seen a 25.34% increase in median value, while Units have seen a 23.47% increase. As at 28 February 2025:

  • The median value for Houses in Carrum Downs is $728,701 while the median value for Units is $569,506.
  • Houses have a median rent of $560 while Units have a median rent of $520.
There are currently 28 properties listed for sale, and 15 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 liability for any loss or damage arising in connection with the data and information contained in this publication.