1/122 Castro Way, Derrimut, VIC 3026 | Property Value & History | OnTheHouse
OFF MARKET

1/122 Castro Way
Derrimut VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: 29
Land area: 6976m2
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Property Details for 1/122 Castro Way, Derrimut

Building Type
Commercial
Land Size
6976m2
Local Government
Brimbank
Lot/Plan
31/PS534372

Last Listing description (October 2023)

Knight Frank is excited to present for LEASE this well appointed warehouse in Melbourne's west - an opportunity which will tick all your boxes.

This office/warehouse facility presents a fantastic opportunity to occupy a strategically located warehouse facility in the Paramount Industrial Estate surrounded by a massive amount of amenity.


This central location offers easy access to all major arterials including the Western Highway, Ring Road, and Princes Freeway.

Inspections will not disappoint.

The facility features:

+ 1,124 sqm total building area
+ 225 sqm modern dual level fitted offices
+ Multiple roller doors
+ 10m+ internal spring height
+ Huge cubic capacity
+ Secure gated facility
+ Loading canopy
+ Undercover parking
+ Large front hardstand area
+ Flexible Industrial 1 Zoning

For further details or to arrange an inspection, please contact the exclusively appointed agents from Knight Frank below!

Property History for 1/122 Castro Way, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$837,120
02 Aug 2007
Listed for Rent
$145k/w
02 Oct 2023
  • 26 Nov 2019
    Listed for Rent - Price not available
  • 03 Nov 2017
    Listed for Rent - Price not available
  • 23 Apr 2015
    Listed for Rent - Price not available
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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. There are 15 parks, covering nearly 15.8% of the total area. The population of Derrimut in 2016 was 8269 people. By 2021 the population was 8651 showing a population growth of 4.6% in the area during that time. The predominant age group in Derrimut is 0-9 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation.In 2021, 75.90% of the homes in Derrimut were owner-occupied compared with 75.90% in 2016.

Derrimut has 3,656 properties. Over the last 5 years, Houses in Derrimut have seen a 13.63% increase in median value, while Units have seen a 40.64% increase. As at 31 July 2026:

  • The median value for Houses in Derrimut is $847,322 while the median value for Units is $556,327.
  • Houses have a median rent of $600 while Units have a median rent of $400.
There are currently 25 properties listed for sale, and 10 properties listed for rent in Derrimut on OnTheHouse. According to Cotality's data, 117 properties were sold in the past 12 months in Derrimut.

Suburb Insights for Derrimut 3026

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.