SOLD
Sold on 22 Dec 2023 for $7,375,000

18 Grimes Court
Derrimut VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4200m2
Sold By
COLLIERS INT - MELBOURNE WEST
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Property Details for 18 Grimes Ct, Derrimut

Building Type
Commercial
Land Size
4200m2
Local Government
Brimbank
Lot/Plan
4/PS719735

Last Listing description (November 2023)

Rutherfords Real Estate is pleased to offer For Lease this property within the West Park Industrial Estate. Well positioned and situated in close proximity to the Western Ring Road, Western Highway and moments to the Deer Park Bypass via Robinson Rd.

PROPERTY SIZE:
Office: 227m2

Warehouse; 2,000m2
Total Building: 2,227m2

PROPERTY FEATURES:
- Two container height RSD
- Large high clearance warehouse
- 1,300sqm* of handstand allowing for ample off street parking and truck movements
- 10m springing height
- Quiet street
- Security fencing with large crossover
- Two level air-conditioned corporate office

LOCATION ACCESS:
Deer Park Bypass: 2.7km
Western freeway: 3.7km
Metropolitan Ring Road: 4km
Melbourne Airport: 24.6km

For further details or to inspect please call Anthony La Porta on 0408 018 455 at any time.

Disclaimer:
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.

Property History for 18 Grimes Ct, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$7,375,000
22 Dec 2023
Listed for Rent
$334k/w
27 Nov 2023
  • 22 Dec 2023
    Sold for $7,375,000
  • 27 Nov 2023
    Listed for Rent - Price not available
  • 30 Jan 2015
    Listed for Sale Not Disclosed
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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. It has 15 parks covering nearly 15.8% of total area. The population of Derrimut in 2011 was 5,991 people. By 2016 the population was 8,268 showing a population growth of 38.0% in the area during that time. The predominant age group in Derrimut is 30-39 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation. In 2011, 77.3% of the homes in Derrimut were owner-occupied compared with 75.9% in 2016.

Derrimut has 3,613 properties. Over the last 5 years, Houses in Derrimut have seen a 15.51% increase in median value, while Units have seen a -1.27% decrease. As at 31 October 2024:

  • The median value for Houses in Derrimut is $774,010 while the median value for Units is $486,708.
  • Houses have a median rent of $560 while Units have a median rent of $398.
There are currently 15 properties listed for sale, and 14 properties listed for rent in Derrimut on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Derrimut.

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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.