7 Cochrane StreetMitcham VIC 3132
Property Details for 7 Cochrane St, Mitcham
Last Listing description (August 2024)
• Total building area: 870 sqm (approx)
• Land area: 1,085 sqm (approx)
• 32m+ frontage (approx) to Cochrane Street
An outstanding opportunity to purchase this clear span warehouse / office freehold at auction.
Located in one of Melbourne's tightly held industrial precincts.
Key features include:
- Total building area: 870 sqm (approx)
- High clearance warehouse: 645 sqm (approx)
- First floor office: 225 sqm (approx)
- Land area: 1,085 sqm approx. including a 32m+ frontage (approx) to Cochrane Street
- Abundant on-site parking
- 7m ceiling (approx) height in the warehouse
- Zoning: Industrial 1
- Vacant possession
Outstanding location just off Whitehorse Road/Maroondah Highway with easy access to the Eastern Freeway and Canterbury Road and set amongst quality industrial and showroom buildings.
Property History for 7 Cochrane St, Mitcham, VIC 3132
- 28 Aug 2024Sold for $2,915,000
- 02 Aug 2024Listed for Sale $2,250,000 - $2,470,000 (ex GST)
- 17 Mar 2022Listed for Sale Contact Agent
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0About Mitcham 3132
The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2011 was 14,812 people. By 2016 the population was 16,136 showing a population growth of 8.9% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation. In 2011, 73.1% of the homes in Mitcham were owner-occupied compared with 69.8% in 2016.
Mitcham has 9,245 properties. Over the last 5 years, Houses in Mitcham have seen a 16.56% increase in median value, while Units have seen a 18.91% increase. As at 31 October 2024:
- The median value for Houses in Mitcham is $1,169,075 while the median value for Units is $790,437.
- Houses have a median rent of $600 while Units have a median rent of $530.
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