26 Miles StreetMulgrave VIC 3170
Property Details for 26 Miles St, Mulgrave
Last Listing description (October 2023)
Solid office warehouse of 876 sqm*
Significant land of 2,536 sqm*
Premium Mulgrave location
Occupy or Develop (STCA)
Aston Commercial are pleased to offer 26 Miles Street, Mulgrave for sale by Public Auction on Thursday 26th October at 12 noon on-site.
The property is perfectly positioned within the highly sought-after blue ribbon industrial and logistics precinct of Mulgrave.
Features:
Land Area: 2,536 sqm*
Building Area: 876 sqm*
Short term holding income of $87,500 pa plus outgoings (lease expires 31st April 2024 with no options)
Premium Special Use Zone
Just off Springvale Road near Wellington Road with unrivaled proximity to major arterials including Monash Freeway (M1), Princes Highway and Eastlink (M3)
Close to Mulgrave Central Shopping Centre, Brandon Park Shopping Centre, M-City & Pinewood Shopping Centre
Surrounding major occupiers including Amazon, Pfizer, Metricon, Tesla, Carlisle Homes, Adidas, Toyota, AUDI, BMW, Mercedes Benz and many more
Positioned in one of Australia's most highly sought-after industrial precincts, with Melbourne's south-eastern industrial market boasting a vacancy rate of 0.5%*
Contact Aston Commercial today to arrange your private inspection.
*approx
Property History for 26 Miles St, Mulgrave, VIC 3170
- 26 Oct 2023Sold for $3,740,000
- 26 Sep 2023Listed for Sale Contact Agent
- 16 Nov 2020Listed for Rent $87,500 / year
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0About Mulgrave 3170
The size of Mulgrave is approximately 10.7 square kilometres. It has 40 parks covering nearly 5.8% of total area. The population of Mulgrave in 2011 was 17,647 people. By 2016 the population was 19,380 showing a population growth of 9.8% in the area during that time. The predominant age group in Mulgrave is 30-39 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a professional occupation. In 2011, 77.3% of the homes in Mulgrave were owner-occupied compared with 75.4% in 2016.
Mulgrave has 9,288 properties. Over the last 5 years, Houses in Mulgrave have seen a 24.33% increase in median value, while Units have seen a 16.68% increase. As at 30 September 2024:
- The median value for Houses in Mulgrave is $1,090,961 while the median value for Units is $827,396.
- Houses have a median rent of $620 while Units have a median rent of $620.
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