SOLD
Sold on 07 Jun 2024 for $17,050,000

33 Redland Drive
Vermont VIC 3133

Bedrooms: -
Bathrooms: 2
Car spaces: 2
Floor area: 6435m2
Land area: 8472m2
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Property Details for 33 Redland Dr, Vermont

Building Type
Commercial
Floor Size
6435m2
Land Size
8472m2
Local Government
Whitehorse
Lot/Plan
42/PS423213

Last Listing description (June 2013)

A Corporate Investment with Smashing Return! * 12 Months Bank Guarantee *
Substantial industrial investment leased to Smash Enterprises Pty Ltd on a brand new term of ten (10) + five (5) + five (5) years with a rental return of $900,000.00 per annum.
Smash Enterprises Pty Ltd, founded 1999, specialises in merchandising products categorised as Back to School, Nude Food Movers, BBQ, Baby, Kitchen, Outside Dining, Travel, Media, Home, Cooling and Flasks.

Key features of this impressive facility include;
• Three level office with air-conditioning, lift/staircase & balconies
• High clearance clear span warehouse with multiple container height roller door access & loading canopy
• 65 marked on site car spaces
The location offers close proximity to Eastlink, both Mitcham and Nunawading Railway Stations, Eastland Shopping Centre and Whitehorse Road's 'Golden Mile' retail precinct.
This is a fantastic opportunity to purchase a substantial industrial investment that is not to be missed.
 

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Property History for 33 Redland Dr, Vermont, VIC 3133

A timeline of how this property has performed in the market
Last Sold
$17,050,000
07 Jun 2024
  • 07 Jun 2024
    Sold for $17,050,000
  • 08 Mar 2019
    Sold for $9,500,001
  • 04 Aug 2012
    Listed for Sale CIRCA $10,000,000 PLUS
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About Vermont 3133

The size of Vermont is approximately 4.6 square kilometres. It has 17 parks covering nearly 10.6% of total area. The population of Vermont in 2011 was 9,901 people. By 2016 the population was 10,437 showing a population growth of 5.4% in the area during that time. The predominant age group in Vermont is 40-49 years. Households in Vermont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Vermont work in a professional occupation. In 2011, 81.4% of the homes in Vermont were owner-occupied compared with 80.3% in 2016.

Vermont has 4,861 properties. Over the last 5 years, Houses in Vermont have seen a 30.46% increase in median value, while Units have seen a 32.28% increase. As at 30 September 2024:

  • The median value for Houses in Vermont is $1,289,971 while the median value for Units is $938,342.
  • Houses have a median rent of $598 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 8 properties listed for rent in Vermont on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Vermont.

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