SOLD
Sold on 15 Apr 2024 for $620,000

12/51 Merrindale Drive
Croydon South VIC 3136

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 129m2
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Property Details for 12/51 Merrindale Dr, Croydon South

Building Type
Commercial
Land Size
129m2
Local Government
Maroondah
Lot/Plan
12/PS843761

Last Listing description (July 2022)

Hudson Bond Commercial is pleased to present Unit 12, a Premium Office Warehouse within the brand new Merrindale Business Park, a development by commercial property developer, Spectre Property.

Property Features and Highlights include:


- Ideal for Commercial, Industrial, Office and Showroom Purposes
- Striking Architectural Design and High Quality Building Elements
- Size of 148sqm including a 44sqm mezzanine Office
- Polished Concrete Floors & Painted Internal Walls
- 8.0m Building Height
- Fully Fitted Modern Office with reverse cycle Heating and Cooling
- High Quality Kitchenette
- Toilet and Shower Amenities with Floor to Ceiling Tiles
- Remote Control Roller Doors, 3 phase power, LED High Bay Lights
- 2 Car Spaces on Title

The property is ideally located amongst an established residential and commercial precinct, the property appeals to both personal and business use, providing easy access to major arterial roads and transport networks.

Contact the Commercial Team today on 9840 7700

Property History for 12/51 Merrindale Dr, Croydon South, VIC 3136

A timeline of how this property has performed in the market
Last Sold
$620,000
15 Apr 2024
  • 15 Apr 2024
    Sold for $620,000
  • 15 Jul 2022
    Listed for Rent - Price not available
  • 24 Feb 2021
    Sold for $528,000

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About Croydon South 3136

The size of Croydon South is approximately 2.6 square kilometres. It has 11 parks covering nearly 3.6% of total area. The population of Croydon South in 2011 was 4,531 people. By 2016 the population was 4,585 showing a population growth of 1.2% in the area during that time. The predominant age group in Croydon South is 30-39 years. Households in Croydon South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon South work in a professional occupation. In 2011, 80.5% of the homes in Croydon South were owner-occupied compared with 78.9% in 2016.

Croydon South has 2,425 properties. Over the last 5 years, Houses in Croydon South have seen a 12.44% increase in median value, while Units have seen a 11.45% increase. As at 31 January 2025:

  • The median value for Houses in Croydon South is $872,872 while the median value for Units is $766,531.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 8 properties listed for sale, and 1 property listed for rent in Croydon south on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Croydon south.

Suburb Insights for Croydon South 3136

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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.