SOLD
Sold on 13 Jun 2024 for $21,000,000

502-520 Clayton Road
Clayton South VIC 3169

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 22595m2
Sold By
JLL Melbourne Metropolitan
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Property Details for 502-520 Clayton Rd, Clayton South

Building Type
Commercial
Land Size
22595m2
Local Government
Kingston
Lot/Plan
CP169622

Last Listing description (June 2022)

In the land constrained Eastern industrial market, JLL & CBRE are pleased to present to the market 502-520 Clayton Road, Clayton South, for sale via Expression of Interest closing 27th April 2022 at 4pm. This well-positioned industrial site of 22,590m2, offers a multitude of different opportunities to different buying groups.

The property is located at the corner of Clayton and Fairbank Road, Clayton South, just 2km from Clayton train station with easy access to Ferntree Gully Road, Princes Hwy, Westall Road Bypass and Monash Freeway.


The property features include:
22,590m2* Industrial 1 zoned land under City of Kingston
Corner profile and location
Over 145m frontage to Clayton Road
3,910m2* total building area including main offices, lunchrooms, workshop and warehouse space.
Access from Clayton and Fairbank Roads
Extensive concrete hardstand of over 9,000m2*
Wash bay and triple interceptor onsite
Prime strata office/warehouse business park (STCA)

*approx

Information Memorandum is available from the exclusive selling agents.

Please contact JLL or CBRE for further information or to arrange an inspection.

Property History for 502-520 Clayton Rd, Clayton South, VIC 3169

A timeline of how this property has performed in the market
Last Sold
$21,000,000
13 Jun 2024
Listed for Rent
$575/w
06 Jun 2017
  • 13 Jun 2024
    Sold for $21,000,000
  • 31 Mar 2022
    Listed for Sale Contact Agent
  • 09 Nov 2016
    Listed for Rent $30,000 / year
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About Clayton South 3169

The size of Clayton South is approximately 8.3 square kilometres. It has 17 parks covering nearly 16.1% of total area. The population of Clayton South in 2011 was 11,624 people. By 2016 the population was 12,646 showing a population growth of 8.8% in the area during that time. The predominant age group in Clayton South is 20-29 years. Households in Clayton South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton South work in a professional occupation. In 2011, 61.3% of the homes in Clayton South were owner-occupied compared with 57.1% in 2016.

Clayton South has 7,652 properties. Over the last 5 years, Houses in Clayton South have seen a 19.93% increase in median value, while Units have seen a 8.29% increase. As at 31 October 2024:

  • The median value for Houses in Clayton South is $958,941 while the median value for Units is $600,578.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 45 properties listed for sale, and 32 properties listed for rent in Clayton south on OnTheHouse. According to CoreLogic's data, 280 properties were sold in the past 12 months in Clayton south.

Suburb Insights for Clayton South 3169

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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.