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Sold on 12 Jul 2024 - Price Unavailable

3/16 Sigma Drive
Croydon South VIC 3136

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 128m2
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Property Details for 3/16 Sigma Dr, Croydon South

Building Type
Commercial
Floor Size
128m2
Local Government
Maroondah
Lot/Plan
83/PS739948

Last Listing description (July 2024)

RWC Oakleigh is pleased to present 3/16 Sigma Drive, Croydon South which is being offered to the market via a public On-site & Online Auction scheduled for Friday 12th July 2024 at 12:00pm.

Being offered with a monthly tenancy in place, this is an outstanding opportunity for owner occupiers and investors to acquire a highly sought after asset in the heart of the bustling Croydon South Industrial Precinct.

Located just off Dorset Road, this securely gated boutique complex is positioned in one of the East's most sought after areas and is an ideal location for any small business, personal storage or investment purpose. Notably, the warehouse is easily accessible via Dorset Road, Canterbury Road & Eastlink (M3).

Online Auction Bidding Registration: https://anywhereauctions.com.au/app/property?propertyId=43939

Property features:

• Total building area | 128m2*
• Internal warehouse clearance up to 7m*
• Amenities | kitchenette & disabled toilet
• Located in a securely gated complex
• Three (3) on-site car spaces
• Monthly Tenancy in place
• Electric roller door & x1 split system
• Easy access via Dorset Road, Canterbury Road & Eastlink (M3)
• Industrial 1 Zone (IN1Z)
• Terms | 10% deposit, payable in 30 - 90 days

Open for inspection:

• Friday 12th July | 11:30am - 12:00pm (Auction Day)

For further information please contact one of the exclusive marketing agents below:

George Ganavas | 0478 634 562
Anthony Anastopoulos | 0488 095 057

* All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 3/16 Sigma Dr, Croydon South, VIC 3136

A timeline of how this property has performed in the market
Last Sold
12 Jul 2024
Listed for Rent
$20k/w
03 Oct 2023
  • 12 Jul 2024
    Sold
  • 13 Jun 2024
    Listed for Sale Auction ($470,000 - $515,000)
  • 23 Mar 2024
    Transferred
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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 2,399 properties. Over the last 5 years, Houses in Croydon South have seen a 37.27% increase in median value, while Units have seen a 19.21% increase. As at 31 July 2024:

  • The median value for Houses in Croydon South is $961,922 while the median value for Units is $756,716.
  • Houses have a median rent of $600 while Units have a median rent of $580.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Croydon south on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Croydon south.

Suburb Insights for Croydon South 3136

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Contact agent
George Ganavas
Show contact details
Ray White Commercial Oakleigh
Preferred contact:
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.