16-18 Capital DriveGrovedale VIC 3216
Property Details for 16-18 Capital Dr, Grovedale
Last Listing description (February 2019)
This premium warehouse is conveniently located just off Torquay Road, Grovedale with great access to the Surf Coast and Ring Road. The property has 821m2 approx. (Inc. approx. 86m2 of Mezzanine space) of floor space making this an ideal Warehouse / Showroom with an internal fit out including disabled toilet, toilet, shower, lunch room and office suitable for further office construction or storage. This is a great opportunity to secure a size-able complex. with its abundance of features.
- Total approx. floor area of 821.16m2 (approx.)
- Land area 1491m2.
- 2 x roller door access. (Both remote).
- Security System.
- Front Reception/Office and Lunch Room both with Reverse Cycle Air Conditioning, Toilet, Disabled/Unisex Toilet, Shower & Ample Storage.
- 2 Phase Power.
- Long term Lease Available.
- Rental $80,000 Per Annum + GST & Outgoings.
- Available now.
For further information or arrange an inspection please don t hesitate in giving us a call.
Property History for 16-18 Capital Dr, Grovedale, VIC 3216
- 06 Jun 2025Sold for $1,812,000
- 24 Aug 2018Listed for Rent $80,000 / year
- 24 May 2018Sold for $1,072,500
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0About Grovedale 3216
The size of Grovedale is approximately 7.0 square kilometres. It has 21 parks covering nearly 14.3% of total area. The population of Grovedale in 2016 was 14308 people. By 2021 the population was 14869 showing a population growth of 3.9% in the area during that time. The predominant age group in Grovedale is 20-29 years. Households in Grovedale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grovedale work in a professional occupation.In 2021, 68.90% of the homes in Grovedale were owner-occupied compared with 70.50% in 2016.
Grovedale has 7,551 properties. Over the last 5 years, Houses in Grovedale have seen a 31.75% increase in median value, while Units have seen a 24.52% increase. As at 31 January 2026:
- The median value for Houses in Grovedale is $772,232 while the median value for Units is $526,866.
- Houses have a median rent of $530 while Units have a median rent of $450.
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