SOLD
Sold on 26 Feb 2024 for $3,000,050

39 Fairview Road
Kangaroo Flat VIC 3555

Bedrooms: -
Bathrooms: -
Car spaces: 54
Land area: 5648m2
Sold By
Brock Pinner
McKean McGregor Real Estate Pty Ltd
Jeremy Brown
McKean McGregor Real Estate Pty Ltd
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Property Details for 39 Fairview Rd, Kangaroo Flat

Building Type
Commercial
Land Size
5648m2
Local Government
Greater Bendigo
Lot/Plan
3/PS839391

Last Listing description (June 2024)

This substantial warehouse/office on a large Industrial 1 parcel of land provides excellent truck access and is a rare offering in a very tightly held Bendigo industrial market.

The quality constructed tilt slab/colorbond warehouse with concrete floor has ample access via 3 x 4.8m roller doors and provides roof clearance of 5.6m2* throughout.

Ready for its final fit out, which will include a modern reception, office, full staff amenities and mezzanine, the purchaser may include modifications to suit their operation with completion expected within 6 months.

Ideally located within the thriving Kangaroo Flat industrial hub and access to major road networks via Lockwood road and High street, the property is suitable for a range of industries and will provide a landmark home for a good size business operation.

Key Features:

- Industrial 1 zoning

- Excellent proximity to Calder Freeway, 3 sets of traffic lights from Melbourne's

major road network

- Warehouse of 1,613 sqm*

- Quality offices and amenities of 197 sqm*

- Mezzanine of 197 sqm*

- High quality concrete panel construction

- 5.6m* height clearance throughout the warehouse

- 4.8m* high roller door access

- Onsite carparking for up to 54 vehicles

- 9m* concrete apron to each entry

- Crushed rock hardstand

Property History for 39 Fairview Rd, Kangaroo Flat, VIC 3555

A timeline of how this property has performed in the market
Last Sold
$3,000,050
26 Feb 2024
Listed for Rent
$190k/w
21 Aug 2023
  • 26 Feb 2024
    Sold for $3,000,050
  • 06 Apr 2023
    Listed for Sale Not Disclosed
  • 29 Mar 2023
    Listed for Rent - Price not available
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About Kangaroo Flat 3555

The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2011 was 9,492 people. By 2016 the population was 10,405 showing a population growth of 9.6% in the area during that time. The predominant age group in Kangaroo Flat is 20-29 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation. In 2011, 67.3% of the homes in Kangaroo Flat were owner-occupied compared with 67.4% in 2016.

Kangaroo Flat has 6,216 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 50.59% increase in median value, while Units have seen a 43.40% increase. As at 31 October 2024:

  • The median value for Houses in Kangaroo Flat is $515,763 while the median value for Units is $360,339.
  • Houses have a median rent of $460 while Units have a median rent of $400.
There are currently 48 properties listed for sale, and 5 properties listed for rent in Kangaroo flat on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Kangaroo flat.

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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.