50 Castro Way, Derrimut, VIC 3026 | Property Value & History | OnTheHouse
 
OFF MARKET

50 Castro Way
Derrimut VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 720m2
Land area: 8201m2
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Property Details for 50 Castro Way, Derrimut

Building Type
Commercial
Floor Size
720m2
Land Size
8201m2
Local Government
Brimbank
Lot/Plan
25/PS534372

Last Listing description (September 2023)

Rutherfords Real Estate are pleased to exclusively offer this unique and well equipped heavy industrial facility For Sale.

Located within the tightly held and exclusive Paramount industrial estate, properties such as this are often sought and rarely found, offering a range of unique features that are rarely packed into one site.

Office: 540sqm

Factory: 2,687sqm
Building: 3,227sqm

Land: 8,250sqm

CURRENT LEASE:
Term from 12/04/2021 to 11/07/2024
1 further term of 3 years
3.5% fixed annually increase
Market review at option
Current rental - $320,296.20 P.A. + GST rent

FEATURES:
- Impressive corporate two level office offering amenities on both levels
- Large high clearance warehouse/ factory
- Full drive around building
- Two container height roller shutter doors
- Rear truck access door
- Massive power supply
- Heavy duty pavements
- 2 X Overhead 12.5 tonne Cranes
- Situated in the Paramount Industrial Estate offering convenient access to near freeway networks
- All Sizes are approximate

Key Location Features Include:
- 25km* to Melbourne's CBD
- 20km* to Port of Melbourne
- 24km* to Melbourne Airport
*approx.

To discuss the unique features of this property or to arrange an inspection time, please contact Rutherfords Real Estate today.

Anthony La Porta - 0408 018 455

Disclaimer:
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.

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Property History for 50 Castro Way, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$1,050,893
19 May 2011
Listed for Rent
16 Jul 2021
  • 25 May 2023
    Listed for Sale Contact agent
  • 03 Dec 2020
    Listed for Rent - Price not available
  • 24 Aug 2016
    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 3,659 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 28 properties listed for sale, and 9 properties listed for rent in Derrimut on OnTheHouse. According to Cotality's data, 116 properties were sold in the past 12 months in Derrimut.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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