29 Palladium CircuitClyde North VIC 3978
Property Details for 29 Palladium Cct, Clyde North
Last Listing description (November 2023)
Introducing an Exceptional Investment Opportunity in Clyde North!
Cameron is thrilled to present this newly constructed Office/Warehouse to be sold as a "Going Concern." Situated in Clyde North's sought-after industrial precinct, this property offers tremendous potential for investors. Located just moments away from Berwick-Clyde Road and Thompson Road, its convenient location ensures easy accessibility.
Tenanted and strong, a locally-owned growing business established for almost a decade, this market-leading business dominates the industry. They've built a reputation that speaks volumes.
Property Address: 29 Palladium Circuit, Clyde North
Expressions of Interest Closing 26/07/2023 at 3pm - UNLESS SOLD PRIOR
Key Property Details:
Total building area: 2,505sqm*
Warehouse area: 2,200sqm*
Ground floor office area: 135sqm*
First floor office area: 170sqm*
Land size: 3,685sqm*
Investment Summary:
Lease term: 4 years and 6 months
Security deposit: Equal to 3 months rent plus GST
Renewal option: One further term x 5 years
Rent: $300,000pa + GST & Outgoings
Annual reviews: 3% annually
Key Features:
- Security fencing with electric gates
- 3 Phase power
- 4 Container height roller door for easy loading and unloading - 1 at the front, 3 under the canopy
- Side canopy for additional covered storage
- Quality kitchen and amenities
- High internal clearance for versatile usage
- Enormous tax depreciation benefits for maximum returns
For further information, please reach out to our Exclusive Agents, James Roux and Max Weinzierl from Cameron Industrial. They will provide you with a comprehensive copy of additional details and assist you in exploring this outstanding investment opportunity. Don't miss out on securing this prime property for your portfolio!
*Approximate**Outlines indicative only
Property History for 29 Palladium Cct, Clyde North, VIC 3978
- 20 Jul 2023Sold for $6,100,000
- 29 Jun 2023Listed for Sale CONTACT AGENT
- 30 Jun 2022Transferred
Recent sales nearby
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0About Clyde North 3978
The size of Clyde North is approximately 29.2 square kilometres. There are 11 parks, covering nearly 0.9% of the total area. The population of Clyde North in 2016 was 8156 people. By 2021 the population was 31681 showing a population growth of 288.4% in the area during that time. The predominant age group in Clyde North is 30-39 years. Households in Clyde North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clyde North work in a professional occupation.In 2021, 74.20% of the homes in Clyde North were owner-occupied compared with 73.30% in 2016.
Clyde North has 27,428 properties. Over the last 5 years, Houses in Clyde North have seen a 17.64% increase in median value, while Units have seen a 18.92% increase. As at 31 May 2026:
- The median value for Houses in Clyde North is $835,260 while the median value for Units is $635,245.
- Houses have a median rent of $600 while Units have a median rent of $550.
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