SOLD
Sold on 15 Dec 2023 for $5,775,000

52 Colemans Road
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3365m2
Sold By
Nichols Crowder - Carrum Downs
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Property Details for 52 Colemans Rd, Carrum Downs

Building Type
Commercial
Land Size
3365m2
Local Government
Frankston
Lot/Plan
105/PS544096

Last Listing description (November 2023)

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 14TH DECEMBER AT 3PM

Nichols Crowder proudly presents an outstanding opportunity to secure this vacant office warehouse.

Comprising an impressive building area of 1,998sq.m* positioned on 3,365sq.m* of industrial 1 zoned land.

Additional land opportunity:

The adjacent land of 3,999sq.m* is also available for sale (see following web link). Expressions of interest are welcome for either property individually or combined.

https://www.***/for-sale/property-60-colemans-road-carrum-downs-vic-3201-504468512

52 Colemans Road Overview

* 3 container height roller doors
* 228sq.m* double storey office
* Clear span warehouse up to 9m* high
* Over 1,100sq.m* of concrete driveway, loading area and 30 on-site car parks
* Significant three phase power upgrade
* Positioned on Colemans Road, a sought-after location in Carrum Downs, authorized for B-double vehicles.

Proximity to key roads:

* Eastlink Freeway: 3 minutes/2.2km*
* Frankston-Dandenong Road: 2 minutes/1.3km*
* Peninsula Link: 4 minutes/2.7km*
* Jayco Drive, Dandenong South: 7 minutes/7.1km*
* Monash Freeway: 15 minutes/20.1km*

Preferred Terms: 10% deposit, settlement within 30 - 120 days.

For further information or to arrange an inspection, please contact the listing agents.

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 52 Colemans Rd, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$5,775,000
15 Dec 2023
Listed for Rent
$2.88k/w
15 May 2019
  • 15 Dec 2023
    Sold for $5,775,000
  • 20 Nov 2023
    Listed for Sale Contact Agent
  • 11 Apr 2019
    Listed for Rent $150,000 / year
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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 12,559 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 37 properties listed for sale, and 15 properties listed for rent in Carrum downs on OnTheHouse. According to CoreLogic's data, 515 properties were sold in the past 12 months in Carrum downs.

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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.