14-16 Teton Court, Highett, VIC 3190 | Property Value & History | OnTheHouse
 
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14-16 Teton Court
Highett VIC 3190

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1529m2
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Property Details for 14-16 Teton Ct, Highett

Building Type
Commercial
Land Size
1529m2
Local Government
Kingston
Lot/Plan
21/LP64619

Last Listing description (June 2021)

Crabtrees Real Estate are excited to offer 14-16 & 18-20 Teton Court, Highett for Sale by Expressions of Interest Closing Friday 16th July at 4pm.

This presents an outstanding opportunity for an astute investor to acquire two securely leased industrial buildings to be sold as one.

This is an outstanding investment opportunity with long term development potential.

Located in Teton Court just off Wickham Road and within close proximity to Chesterville Road, Cochranes Road, Warrigal Road, South Road and Nepean Highway.

14-16 TETON COURT

Investment Features:
+ Leased to Ronson Gears Pty Ltd
+ Ten (10) year lease from day of settlement plus two further terms of five (5) years
+ Current rental $95,000 per annum + GST & Outgoings
+ Annual 3% increases
+ Six (6) month Bank Guarantee

Building Features:
+ Total building area: 1,103 sqm
+ Total site area: 1,529 sqm
+ Good internal warehouse clearance
+ 2 tonne travelling crane
+ Above average power supply
+ 10 car parking spaces on-site

18-20 TETON COURT

Investment Features:

+ Leased to Ronson Gears Pty Ltd
+ Ten (10) year lease from 1st June 2021 plus two further terms of five (5) years
+ Current rental $115,000 per annum + GST & Outgoings
+ Annual 3% increases
+ Six (6) month Bank Guarantee

Building Features:

+ Total building area: 1,377 sqm
+ Total site area: 1,559 sqm
+ Two level partitioned offices: 310 sqm
+ Warehouse: 1,067 sqm
+ 10 car spaces at the front of the property

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

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Property History for 14-16 Teton Ct, Highett, VIC 3190

A timeline of how this property has performed in the market
Last Sold
$2,601,500
17 Sep 2021
  • 17 Sep 2021
    Sold for $2,601,500
  • 11 Jun 2021
    Listed for Sale CONTACT AGENT
  • 31 Aug 1994
    Sold for $415,000
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About Highett 3190

The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2016 was 10454 people. By 2021 the population was 12016 showing a population growth of 14.9% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation.In 2021, 70.40% of the homes in Highett were owner-occupied compared with 68.60% in 2016.

Highett has 8,256 properties. Over the last 5 years, Houses in Highett have seen a 18.74% increase in median value, while Units have seen a 12.25% increase. As at 31 December 2025:

  • The median value for Houses in Highett is $1,512,465 while the median value for Units is $715,822.
  • Houses have a median rent of $800 while Units have a median rent of $590.
There are currently 24 properties listed for sale, and 5 properties listed for rent in Highett on OnTheHouse. According to Cotality's data, 380 properties were sold in the past 12 months in Highett.

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© 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.

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