214-224 Wellington RoadClayton VIC 3168
Property Details for 214-224 Wellington Rd, Clayton
Last Listing description (July 2023)
Crabtrees Real Estate are excited to offer Unit 1/214-224 Wellington Road, Clayton for Private Sale.
Prominently positioned with main road exposure, Unit 1/214-224 Wellington Road, Clayton is approximately 1,062 sqm of warehouse/showroom/office. The property is leased to two separate tenants returning a combined income of $159,750 per annum (net).
INVESTMENT FEATURES
UNITS 1A & B:
+ Tenant: Partyware Pty Ltd
+ Lease Commencement : 1st October 2021
+ Annual Rental: $71,750 per annum plus GST & Outgoings
+ Lease Term: Three (3) years
+ Further Term: One (1) further term of three (3) years
+ Rent Reviews: 2.5%
+ Security Deposit: Three (3) months rent plus GST
UNIT 1C:
+ Tenant: Winwin Construction Group Pty Ltd
+ Lease Commencement : 1st May 2023
+ Annual Rental: $88,000 per annum plus GST & Outgoings
+ Lease Term: Five (5) years
+ Further Term: One (1) further term of five (5) years
+ Rent Reviews: Annual 3% increases
+ Security Deposit: Three (3) months rent plus GST
KEY FEATURES:
+ Main road exposure
+ 17 on-site car parks
+ Office/showroom/warehouse: 1,062 sqm
+ Air conditioned
+ Good internal clearance
+ Excellent natural light
+ Modern kitchen and toilet amenities
Wellington Park in Clayton is positioned in the centre of the Monash Precinct for Employment and Innovation, this opportunity provides excellent street frontage and access to greater Melbourne via its proximity to Wellington Road, Princes Highway, Springvale Road and Monash Freeway.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW.
Property History for 214-224 Wellington Rd, Clayton, VIC 3168
- 22 May 2023Listed for Sale CONTACT AGENT
- 31 Jan 2023Listed for Rent $75,000 / year
Recent sales nearby
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About Clayton 3168
The size of Clayton is approximately 7.9 square kilometres. There are 9 parks, covering nearly 4.1% of the total area. The population of Clayton in 2016 was 19358 people. By 2021 the population was 18988 showing a population decline of 1.9% in the area during that time. The predominant age group in Clayton is 20-29 years. Households in Clayton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton work in a professional occupation.In 2021, 35.60% of the homes in Clayton were owner-occupied compared with 35.20% in 2016.
Clayton has 12,322 properties. Over the last 5 years, Houses in Clayton have seen a -9.94% decrease in median value, while Units have seen a -1.19% decrease. As at 31 August 2026:
- The median value for Houses in Clayton is $1,147,836 while the median value for Units is $640,420.
- Houses have a median rent of $650 while Units have a median rent of $610.
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