POINT OF INTEREST:
This modern industrial asset is on the market in more ways than one, piquing the interest of investors, owner-occupiers, and tenants who have eyed Norcal Roads ballooning popularity and diminishing openings. An impressive office /showroom spanning two levels, access to the warehouse via a container-height roller door with an internal height of approximately 7.5 m*. The ground floor also hosts a waiting area, a glass-partitioned boardroom, an extensive commercial-grade kitchen, a showroom, and male and female amenities. Level one offers a spacious and generously-light filled workspace area, with three partitioned offices included in the floorplan. Heating and cooling make a comfortable difference within the offices and showroom spaces, as do the 9 allocated car spaces afforded to this asset, along with the ample on street visitor parking. Arterial access and public transport are completely streamlined; its 3 minutes to Whitehorse Road, 950 m* to Springvale Road, 2 km* to the Eastlink, and 1 km* to Nunawading railway station.
The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2011 was 10,945 people. By 2016 the population was 11,863 showing a population growth of 8.4% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation. In 2011, 70.1% of the homes in Nunawading were owner-occupied compared with 68.1% in 2016.
Nunawading has 6,906 properties. Over the last 5 years, Houses in Nunawading have seen a 21.26% increase in median value, while Units have seen a 11.59% increase. As at 31 August 2024:
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