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
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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

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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 6,203 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 56.68% increase in median value, while Units have seen a 50.82% increase. As at 31 August 2024:

  • The median value for Houses in Kangaroo Flat is $524,243 while the median value for Units is $377,564.
  • Houses have a median rent of $460 while Units have a median rent of $400.
There are currently 51 properties listed for sale, and 4 properties listed for rent in Kangaroo flat on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Kangaroo flat.

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