2/428 Mt Dandenong Road, Kilsyth, VIC 3137 sold on 13 August 2025 | OnTheHouse
SOLD
Sold on 13 Aug 2025 for $1,100,000

2/428 Mt Dandenong Road
Kilsyth VIC 3137

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 126m2
Land area: 362m2
Sold By
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Jones Real Estate
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Property Details for 2/428 Mt Dandenong Rd, Kilsyth

Building Type
Commercial
Year Built
2003
Floor Size
126m2
Land Size
362m2
Local Government
Maroondah
Lot/Plan
2/PS630577

Last Listing description (June 2023)

Jones Real Estate is privileged to present Building 1 & 2, 428 Mt Dandenong Road, Kilsyth to the market For Sale via Private Negotiation or For Lease.

Positioned in one of Australia's most sought after industrial markets with sub 1.50% vacancy, Melbourne's East, this rare industrial and or turnkey brewhouse opportunity is underpinned by the major occupiers surrounding it and its accessibility to major thoroughfares, seamlessly connecting it to Melbourne's CBD and other major trade/industry hubs.

Key highlights of this opportunity include:

- Two adjoining modern full tilt precast office warehouses consisting of a total NSA of 886sqm*, Building 1 = 535sqm*, Building 2 = 351sqm*.

- The buildings offer improvements that include quality office accommodation over 2 levels with end of trip facilities (shower & bathrooms), extensive kitchen facilities including gas cooktop, commercial grade refrigeration facilities, custom-built bar with plumbed in beer taps, cool room and high clearance warehousing.

- Securely fenced within a business park and offering a total of 13 car parks on title.

- Presenting significant nonstandard additional fixtures, fittings, and improvements worth over $700,000*. The brewhouse has been fitted with the 'Rolls-Royce' of brewing equipment by Fermecraft. An itemized list of the building improvements is available by request.

- Featuring 8m* of high clearance warehousing and motorized roller doors and bollards for additional security.

- Reduced operating costs with an extensive solar fit out 94* new solar batteries stored on-site within a 20ft container with state-of-the-art computer system allowing for seamless usage and storage of excess power.

- Offering, in our opinion, an estimated fully leased market rental of $150,000 p.a plus GST & Outgoings.

*Approx.

For further information or to schedule a private inspection, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Property History for 2/428 Mt Dandenong Rd, Kilsyth, VIC 3137

A timeline of how this property has performed in the market
Last Sold
$1,100,000
13 Aug 2025
Listed for Rent
23 Jun 2023
  • 13 Aug 2025
    Sold for $1,100,000
  • 04 Aug 2023
    Sold for $2,400,000
  • 28 Apr 2023
    Listed for Rent - Price not available
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About Kilsyth 3137

The size of Kilsyth is approximately 9.4 square kilometres. It has 26 parks covering nearly 4.5% of total area. The population of Kilsyth in 2016 was 10891 people. By 2021 the population was 11699 showing a population growth of 7.4% in the area during that time. The predominant age group in Kilsyth is 30-39 years. Households in Kilsyth are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kilsyth work in a professional occupation.In 2021, 75.90% of the homes in Kilsyth were owner-occupied compared with 76.40% in 2016.

Kilsyth has 6,754 properties. Over the last 5 years, Houses in Kilsyth have seen a 25.38% increase in median value, while Units have seen a 31.39% increase. As at 30 November 2025:

  • The median value for Houses in Kilsyth is $903,456 while the median value for Units is $721,575.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Kilsyth on OnTheHouse. According to Cotality's data, 313 properties were sold in the past 12 months in Kilsyth.

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Cotality Copyright and Legal Disclaimers about Property Data
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.