OFF MARKET

1/24 Waringa Drive
Mitchell Park VIC 3355

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 473m2
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Property Details for 1/24 Waringa Dr, Mitchell Park

Building Type
Commercial
Land Size
473m2
Local Government
Ballarat
Lot/Plan
1/PS727304

Last Listing description (December 2024)

Colliers Ballarat are delighted to offer for sale this truly unique warehouse. Comprising of a generous 380m* of total building area, this property features ground floor office/reception area complete with split system, generous staff kitchen and lunchroom and substantial warehouse area complete with a one-of-a-kind mural featuring the iconic Peter Brock. The first floor comprises of more office space, staff amenities and mezzanine storage. Dual high clearance roller doors allow for ease of access for large vehicles and drive-thru capabilities. There is separate rear access and secure yard space for external storage. Not only does this warehouse include great street frontage, there is ample parking on title with 8 dedicated car spaces.
Situated in Mitchell Park, an industrial location that is home to numerous iconic Ballarat businesses including Haymes Paints, Goldacres and Gekko Industries, Unit 1/24 Waringa Drive is ideally placed for ease of access to Sunraysia Highway, Western Freeway and Midland Highway while also being close to key rail and air transport. Opportunities in this location are hard to come by, do not miss your opportunity to secure this outstanding warehouse.

- Total building area of 380m*

- Ground floor office and generous staff kitchen and lunchroom
- Mezzanine office, amenities and storage
- Drive-thru access with dual roller doors
- Rear access and storage yard
- Numerous office spaces, complete with split systems
- Security system
- 8 car parks on title
- Close to key road, rail and air linkages
- Vacant possession

For Sale: $895,000 + GST

For further information, please contact Colliers agents Lauchlan Waddell on 0407 520 725 or Sam McKeegan on 0437 534 933.

*Approximately

Property History for 1/24 Waringa Dr, Mitchell Park, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$445,000
22 May 2018
  • 08 Dec 2024
    Listed for Sale $895,000 + GST
  • 22 May 2018
    Sold for $445,000
  • 22 Feb 2018
    Listed for Sale $450,000 plus GST

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About Mitchell Park 3355

The size of Mitchell Park is approximately 19.6 square kilometres. It has 4 parks covering nearly 0.9% of total area. The population of Mitchell Park in 2011 was 752 people. By 2016 the population was 875 showing a population growth of 16.4% in the area during that time. The predominant age group in Mitchell Park is 20-29 years. Households in Mitchell Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mitchell Park work in a trades occupation. In 2011, 76.9% of the homes in Mitchell Park were owner-occupied compared with 70.6% in 2016.

Mitchell Park has 601 properties. Over the last 5 years, Houses in Mitchell Park have seen a 31.58% increase in median value, while Units have seen a 11.24% increase. As at 30 November 2024:

  • The median value for Houses in Mitchell Park is $472,159 while the median value for Units is $334,924.
  • Houses have a median rent of $395.
There are currently 7 properties listed for sale, and 1 property listed for rent in Mitchell park on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Mitchell park.

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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.