SOLD
Sold on 21 Dec 2023 for $6,074,000

2/19-25 Duerdin Street
Notting Hill VIC 3168

Bedrooms: -
Bathrooms: -
Car spaces: 47
Land area: 2140m2
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Property Details for 2/19-25 Duerdin St, Notting Hill

Building Type
Commercial
Land Size
2140m2
Local Government
Monash
Lot/Plan
2/PS742548

Last Listing description (November 2023)

Savills is pleased to exclusively present 2, 19-25 Duerdin Street, Notting Hill to market For Sale via Expressions of Interest.

Ideal for owner occupiers or investors, this property is located within the tightly held Notting Hill commercial/industrial precinct and positioned only moments to the M1 (Monash) Freeway. Offered with vacant possession, assets like this are often sought after but rarely found and this is truly a rare opportunity to secure a modern and versatile premises in one of Melbourne's premier suburban locations.


Major Property Highlights:
- Total land area: 2,140sqm*
- Total building area: 1,595sqm*
- Office area: 793sqm*
- Warehouse area: 572sqm*
- Mezzanine space: 230sqm*
- High quality fixtures & fittings
- 47 on-site car parks
- Special Use Zone 6 (SUZ6)
- Dual level modern, corporate offices with generous staff amenities
- Lift access from ground floor to first floor
- Ability to revert mezzanine space & dust-controlled area to original high clearance warehouse
- High internal warehouse clearance
*approx.

Under Contract

For further information including information memorandum, contract of sale and section 32, contact the exclusive Savills agents.

Tanya Su 0430 302 950
Charlie Hodge 0405 916 639
Lynton Williams 0411 330 217

Property History for 2/19-25 Duerdin St, Notting Hill, VIC 3168

A timeline of how this property has performed in the market
Last Sold
$6,074,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $6,074,000
  • 18 Oct 2023
    Listed for Sale POA
  • 27 Mar 2017
    Sold for $5,280,000

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About Notting Hill 3168

The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Notting Hill in 2011 was 2,161 people. By 2016 the population was 3,041 showing a population growth of 40.7% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation. In 2011, 50.8% of the homes in Notting Hill were owner-occupied compared with 41% in 2016.

Notting Hill has 2,224 properties. Over the last 5 years, Houses in Notting Hill have seen a 8.82% increase in median value, while Units have seen a 6.43% increase. As at 30 September 2024:

  • The median value for Houses in Notting Hill is $1,242,875 while the median value for Units is $392,889.
  • Houses have a median rent of $575 while Units have a median rent of $525.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Notting hill on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Notting hill.

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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.