SOLD
Sold on 06 Oct 2023 for $1,250,000

3 Hulbert Court
Drouin VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2814m2
Sold By
OBrien Real Estate Clark (Drouin)
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Property Details for 3 Hulbert Ct, Drouin

Building Type
Commercial
Land Size
2814m2
Local Government
Baw Baw
Lot/Plan
1/PS339848

Last Listing description (February 2024)

Harcourts Warragul are delighted to present 3 Hulbert Court Drouin For Lease.

A rare opportunity to lease an industrial property located within the tightly held Drouin industrial precinct. Suitable for a wide range of uses, the property features:

- Total building area: 726sqm (approx.)

Warehouse: 570sqm (approx.)
Mezzanine: 110sqm (approx.)
Office block: 40sqm (approx.)
- Land size: 2,814 sqm (approx.)

- Industrial 1 Zoning.
- Ample 3 phase power points throughout.
- Versatile layout with reception/service desk, store room and workshop area.
- External office block.
- Large storage yard at the rear of the property.
- Toilet facilities and kitchenette.
- Fully fenced and with front gates.
- Choice location, moments from the Princes Hwy providing easy access to Melbourne as well as Greater Gippsland.

For further information or to book an inspection, please contact Marino Perioris on 0476 808 845 / marino.perioris@harcourts.com.au

Property History for 3 Hulbert Ct, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$1,250,000
06 Oct 2023
Listed for Rent
$77k/w
10 Nov 2023
  • 09 Nov 2023
    Listed for Rent $76,500 / year
  • 06 Oct 2023
    Sold for $1,250,000
  • 01 Apr 2022
    Transferred
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About Drouin 3818

The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4% of total area. The population of Drouin in 2011 was 9,685 people. By 2016 the population was 12,348 showing a population growth of 27.5% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation. In 2011, 72.9% of the homes in Drouin were owner-occupied compared with 71.7% in 2016.

Drouin has 9,265 properties. Over the last 5 years, Houses in Drouin have seen a 39.88% increase in median value, while Units have seen a 31.09% increase. As at 31 July 2024:

  • The median value for Houses in Drouin is $644,939 while the median value for Units is $416,281.
  • Houses have a median rent of $493 while Units have a median rent of $415.
There are currently 156 properties listed for sale, and 8 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 456 properties were sold in the past 12 months in Drouin.

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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.