2/14 Castro WayDerrimut VIC 3026
Property Details for 2/14 Castro Way, Derrimut
Last Listing description (August 2023)
GormanKelly is excited to present Unit 2, 14 Castro Way, Derrimut FOR SALE.
In summary:
- Tenanted with a long-standing Tenant
- Current net return of $206,000 per annum + GST
- Backed by a $60,000 security deposit and personal guarantees
- Incorporates 3% annual rent increases with a market review at option
- Equipped with solar power supply (400 AMPS power upgrade)
- Features freezer and refrigerator rooms along with a packing area
- Certified as a food-graded facility
- Situated in the Paramount Estate in Derrimut
- Comprises an office area of 153m (approx.) and a warehouse area of 1,377m (approx.)
- Sale includes plant and equipment
- Spans a total site area of approximately 2,809.99m
- Boasts 4 container-height roller doors
- Includes 1 loading dock
- Offers a 10-meter springing height
- Ample on-site parking
- Benefits from Industrial 1 Zoning
- 24-hour unrestricted access
With its convenient proximity to Robinsons Road, Boundary Road, Western Ring Road, and easy access to the West Gate Bridge Freeway, Unit 2 at 14 Castro Way, Derrimut is an opportunity that should not be overlooked.
Schedule an inspection today by contacting Francis at 0418 565 918. Inspection is highly recommended!
Property History for 2/14 Castro Way, Derrimut, VIC 3026
- 17 Aug 2023Sold for $3,700,000
- 06 Jul 2023Listed for Sale Contact Agent
- 07 Jun 2016Listed for Sale Not Disclosed
Recent sales nearby
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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 3,651 properties. Over the last 5 years, Houses in Derrimut have seen a 19.19% increase in median value, while Units have seen a 1.38% increase. As at 30 April 2026:
- The median value for Houses in Derrimut is $867,984 while the median value for Units is $534,933.
- Houses have a median rent of $600 while Units have a median rent of $398.
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