1/19 Simms RoadGreensborough VIC 3088
Property Details for 1/19 Simms Rd, Greensborough
Last Listing description (June 2023)
SOLD By Miles Real Estate.
Miles Real Estate is pleased to offer an exceptional opportunity to secure an affordable and simple industrial investment in the highly sought after location in Greensborough Industrial Estate.
- Land area: 232 sq. metres (approx.)
- Term of lease is Five (5) years from 1 July 2021 plus options to current tenant returning $38,500 per annum
- Zoned Industrial 3
- On-site parking at the front of the property
- Well-maintained property with excellent natural light
- Close proximity to public transport along the Hurstbridge line and surrounding bus routes with ease of access to Greensborough Plaza nearby
- Office and on-site amenities
- Accessibility to the estate and surrounding suburbs to only improve with the completion of the North East Link Project
Terms: 10% Deposit Balance 60/90 Days
For further details or to inspect contact:
Jonathan Rizzo 0404 125 846
Mark Dixon 0423 395 699
Paul Evans 0408 144 181
Property History for 1/19 Simms Rd, Greensborough, VIC 3088
- 29 May 2026Sold
- 06 Jun 2023Sold for $775,000
- 18 Apr 2023Listed for Sale Price Confidential
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About Greensborough 3088
The size of Greensborough is approximately 10.2 square kilometres. There are 41 parks, covering nearly 12.1% of the total area. The population of Greensborough in 2016 was 20821 people. By 2021 the population was 21070 showing a population growth of 1.2% in the area during that time. The predominant age group in Greensborough is 40-49 years. Households in Greensborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greensborough work in a professional occupation.In 2021, 80.40% of the homes in Greensborough were owner-occupied compared with 80.40% in 2016.
Greensborough has 9,928 properties. Over the last 5 years, Houses in Greensborough have seen a 7.26% increase in median value, while Units have seen a 9.07% increase. As at 31 May 2026:
- The median value for Houses in Greensborough is $1,064,304 while the median value for Units is $749,772.
- Houses have a median rent of $650 while Units have a median rent of $550.
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