SOLD
Sold on 16 Dec 2023 for $3,740,000

60 Colemans Road
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3999m2
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Property Details for 60 Colemans Rd, Carrum Downs

Building Type
Land
Land Size
3999m2
Local Government
Frankston
Lot/Plan
106/PS544095

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 a perfect parcel through this expression of interest sale.

Key features include:

*Perfectly flat with no fill, no easements, 100% usable.
* Zoning: Industrial 1 zoned land
* Land area: 3,999sq.m*
* Dimensions: 50m* wide x 80m* deep

Positioned on Colemans Road, a sought-after location in Carrum Downs, authorised 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*

60 Colemans Road has a clear title and an approved CHMP which will provide significant cost and time savings to the purchaser and allow for a quick settlement.

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

Additional opportunity:

The adjacent warehouse at 52 Colemans Road is also available for sale. Expressions of interest are welcome for either property individually or combined.

https://www.***/for-sale/property-52-colemans-road-carrum-downs-vic-3201-504468496

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.

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Property History for 60 Colemans Rd, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$3,740,000
16 Dec 2023
  • 16 Dec 2023
    Sold for $3,740,000
  • 20 Nov 2023
    Listed for Sale Contact Agent
  • 23 Sep 2013
    Sold for $1,996,000
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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 12,472 properties. Over the last 5 years, Houses in Carrum Downs have seen a 30.08% increase in median value, while Units have seen a 29.59% increase. As at 30 September 2024:

  • The median value for Houses in Carrum Downs is $710,130 while the median value for Units is $568,285.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 9 properties listed for rent in Carrum downs on OnTheHouse. According to CoreLogic's data, 500 properties were sold in the past 12 months in Carrum downs.

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