SOLD
Sold on 27 Nov 2023 for $3,825,000

17-19 Apollo Drive
Hallam VIC 3803

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2604m2
Sold By
Crabtrees Real Estate Oakleigh
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Property Details for 17-19 Apollo Dr, Hallam

Building Type
Commercial
Land Size
2604m2
Local Government
Casey
Lot/Plan
51/LP212258

Last Listing description (November 2023)

Crabtrees Real Estate are excited to offer 17-19 Apollo Drive, Hallam for Sale via Expressions of Interest closing Thursday 23rd November at 4pm.

++ SHORT TERM LEASE INVEST NOW & OCCUPY LATER ++

BUILDING AREAS:

+ Office: 135 sqm*
+ Warehouse: 1,210 sqm*
+ Rear Store: 50 sqm*
+ First floor amenities 44 sqm*
+ Mezzanine behind the office: 60 sqm*
+ Total Building Area: 1,499 sqm*
+ Land Area: 2,604 sqm*

KEY FEATURES:
+ 5 tonne crane with 6 metres under hook
+ Warehouse height up to 8 metres
+ 3 phase power points throughout the warehouse
+ Side and rear yard
+ Four roller doors, two 7 metres wide
+ Rear & side loading canopies
+ 350 amps of power
+ Solar panels on roof producing 35 Kw
+ Located with close proximity to Princess Highway, South Gippsland Highway, Pound Road, and Monash Freeway

++ The property is currently leased on a two (2) year lease returning $182,000 per annum plus GST and Outgoings with no options ++

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Property History for 17-19 Apollo Dr, Hallam, VIC 3803

A timeline of how this property has performed in the market
Last Sold
$3,825,000
27 Nov 2023
  • 27 Nov 2023
    Sold for $3,825,000
  • 23 Oct 2023
    Listed for Sale CONTACT AGENT
  • 14 May 1996
    Sold for $110,000
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About Hallam 3803

The size of Hallam is approximately 8.3 square kilometres. It has 30 parks covering nearly 6.4% of total area. The population of Hallam in 2011 was 10,161 people. By 2016 the population was 10,867 showing a population growth of 6.9% in the area during that time. The predominant age group in Hallam is 20-29 years. Households in Hallam are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hallam work in a trades occupation. In 2011, 74.8% of the homes in Hallam were owner-occupied compared with 71.6% in 2016.

Hallam has 5,896 properties. Over the last 5 years, Houses in Hallam have seen a 32.18% increase in median value, while Units have seen a 28.79% increase. As at 31 October 2024:

  • The median value for Houses in Hallam is $755,186 while the median value for Units is $515,110.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 41 properties listed for sale, and 6 properties listed for rent in Hallam on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Hallam.

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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.