2/25-41 Redwood DriveDingley Village VIC 3172
Property Details for 2/25-41 Redwood Dr, Dingley Village
Last Listing description (November 2023)
This unique property offers a spacious 400m² of prime space, perfectly divided into a 1/2 office, 1/2 warehouse layout.
Step into a well-appointed, 200m² office area that's designed to inspire productivity and professionalism.
The equally generous 200m² warehouse area with rear access provides ample room for storage, manufacturing, or distribution.
• Current tenancy commenced on 1st August 2017
• Current rent is $48,583 per annum, plus GST, and outgoings (excluding land tax).
• Annual CPI rent increases.
• The current lease term is for five years, set to expire on 31st July 2027
Nestled in the highly regarded Sandlake Estate in the thriving Dingley Village, this property offers more than just exceptional space. Its strategic location provides easy access to all major arterial roads, making it a breeze to connect with key business hubs, suppliers, and customers.
Don't miss this rare find for your personal super fund or long-term retirement plans!
Please contact your local agent, Steve Aylen for more information.
Property History for 2/25-41 Redwood Dr, Dingley Village, VIC 3172
- 15 Nov 2023Sold for $1,000,000
- 09 Nov 2023Listed for Sale $1,000,000
- 07 Jun 2017Listed for Rent $40,000 / year
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About Dingley Village 3172
The size of Dingley Village is approximately 7.9 square kilometres. It has 19 parks covering nearly 18% of total area. The population of Dingley Village in 2011 was 10,186 people. By 2016 the population was 10,329 showing a population growth of 1.4% in the area during that time. The predominant age group in Dingley Village is 40-49 years. Households in Dingley Village are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dingley Village work in a professional occupation. In 2011, 86.5% of the homes in Dingley Village were owner-occupied compared with 86.4% in 2016.
Dingley Village has 4,491 properties. Over the last 5 years, Houses in Dingley Village have seen a 36.20% increase in median value, while Units have seen a 15.85% increase. As at 31 August 2024:
- The median value for Houses in Dingley Village is $1,064,543 while the median value for Units is $719,244.
- Houses have a median rent of $650 while Units have a median rent of $580.
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