OFF MARKET

5-17 Madden Avenue
North Shore VIC 3214

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9095m2
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Property Details for 5-17 Madden Ave, North Shore

Building Type
Commercial
Land Size
9095m2
Local Government
Greater Geelong
Lot/Plan
90/LP11716

Last Listing description (March 2018)

Located in established Industrial Port District of Geelong (North Shore), approximately 5 km north of the Geelong Central Activities District and some 65 km south-west of Melbourne. - Total building area: 3,972m2* comprising the following buildings:
Substantial warehouse/office complex 2,186m2*
Smaller two bay warehouse and canopy 1,573m2*

Detached sand blasting workshop 213m2*
- Main warehouse with 4 x gantry cranes with 5.3m clearance and 5 tonne capacity, multiple roller doors with maximum height clearance of 6.7m
- Office area comprises reception, 5 large offices with kitchen and amenities
- Generous concrete and hardstand areas
- Three street frontages
- Strategic port location
- Industrial 2 zone
*approx

Property History for 5-17 Madden Ave, North Shore, VIC 3214

A timeline of how this property has performed in the market
Last Sold
$2,420,000
01 Oct 2016
Listed for Rent
$3.53k/w
05 Mar 2018
  • 27 Feb 2018
    Listed for Rent $184,000 / year
  • 08 Dec 2017
    Listed for Rent $184,000 / year
  • 01 Oct 2016
    Sold for $2,420,000

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About North Shore 3214

The size of North Shore is approximately 2.3 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of North Shore in 2011 was 355 people. By 2016 the population was 360 showing a population growth of 1.4% in the area during that time. The predominant age group in North Shore is 40-49 years. Households in North Shore are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Shore work in a professional occupation. In 2011, 55% of the homes in North Shore were owner-occupied compared with 55% in 2016.

North Shore has 433 properties. Over the last 5 years, Houses in North Shore have seen a 38.46% increase in median value, while Units have seen a 26.59% increase. As at 30 September 2024:

  • The median value for Houses in North Shore is $489,798 while the median value for Units is $463,941.
  • Houses have a median rent of $485 while Units have a median rent of $330.
There are currently 1 property listed for sale, and 1 property listed for rent in North shore on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in North shore.

Suburb Insights for North Shore 3214

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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.