SOLD
Sold on 07 Mar 2024 for $1,120,000

29F Glenvale Crescent
Mulgrave VIC 3170

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 320m2
Land area: 349m2
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Property Details for 29f Glenvale Cres, Mulgrave

Building Type
Commercial
Floor Size
320m2
Land Size
349m2
Local Government
Monash
Lot/Plan
4F/PS401410

Last Listing description (August 2021)

*** Private Inspection by appointment only ***

This versatile office warehouse is positioned just off Springvale Rd and easy access to M1 freeway.

This 300m2 Office warehouse is being offered with Vacant Possession.

Key Features:
+ Includes office, showroom and Warehouse of approximately 300sqm
+ Corner Block Warehouse with roller door access
+ Corner property with 3 access points
+ Main entrance to Office and showroom
+ Ample parking
+ Potential rental return of $41,600 p.a +GST +Outgoing.

Please contact agents for more informations.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 29f Glenvale Cres, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$1,120,000
07 Mar 2024
  • 07 Mar 2024
    Sold for $1,120,000
  • 09 Aug 2021
    Sold for $976,800
  • 16 Jul 2021
    Listed for Sale Expression of Interest
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About 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 9,256 properties. Over the last 5 years, Houses in Mulgrave have seen a 20.64% increase in median value, while Units have seen a 17.77% increase. As at 31 October 2024:

  • The median value for Houses in Mulgrave is $1,083,976 while the median value for Units is $836,245.
  • Houses have a median rent of $628 while Units have a median rent of $630.
There are currently 29 properties listed for sale, and 20 properties listed for rent in Mulgrave on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Mulgrave.

Suburb Insights for Mulgrave 3170

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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.