3/5 Commercial Drive, Lynbrook, VIC 3975 | Property Value & History | OnTheHouse
OFF MARKET

3/5 Commercial Drive
Lynbrook VIC 3975

Bedrooms: -
Bathrooms: -
Car spaces: 11
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Property Details for 3/5 Commercial Dr, Lynbrook

Building Type
Commercial
Local Government
Casey
Lot/Plan
3/PS609379

Last Listing description (October 2020)

Industrial Warehouse/Office in fantastic location-FOR SALE/LEASE

This is a very impressive and well-built development. If you are looking for medium size warehouse cum office, you do not need to look any further.

This complex of five units is located a short distance to South Gippsland Highway and minute drive to M1 arterial roads. This great opportunity not to be missed in Lynbrook.


Warehouse features:
Built up area: 650sqm including 122sqm of office area.
3-phase power ready
Full height electric roller shutter door
High Internal clearance for manoeuvring equipment.
Bespoke office Fit outs
Air-conditioned office (3x separate split system) with corporate style ground floor access
Business 2 zoning
11 car spaces on title
Surveillance camera
Intercom system
Security alarm
Owner recently replaced all old light with Philips Led tube and high bay.
Full amenities including shower and kitchenette
Easy Truck access
Owner is happy to leave the racking/office furniture at negotiated cost.

For further information please contact agents:
Ratnakar Panigrahi - 0425 794 659
Frances Cutri - 0467 755 795

DISCLAIMER: All stated dimensions in the content and photos are approximate only.

Please see the below link for an up-to-date copy of the Due Diligence :
Check List: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 3/5 Commercial Dr, Lynbrook, VIC 3975

A timeline of how this property has performed in the market
Last Sold
$1,200,000
25 Feb 2020
  • 11 Jun 2019
    Listed for Sale $1,120,000
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About Lynbrook 3975

The size of Lynbrook is approximately 4.1 square kilometres. It has 19 parks covering nearly 13.0% of total area. The population of Lynbrook in 2016 was 8519 people. By 2021 the population was 9121 showing a population growth of 7.1% in the area during that time. The predominant age group in Lynbrook is 10-19 years. Households in Lynbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lynbrook work in a professional occupation.In 2021, 77.20% of the homes in Lynbrook were owner-occupied compared with 80.50% in 2016.

Lynbrook has 3,244 properties. Over the last 5 years, Houses in Lynbrook have seen a 30.81% increase in median value, while Units have seen a 32.35% increase. As at 31 December 2025:

  • The median value for Houses in Lynbrook is $956,239 while the median value for Units is $659,623.
  • Houses have a median rent of $620 while Units have a median rent of $530.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Lynbrook on OnTheHouse. According to Cotality's data, 113 properties were sold in the past 12 months in Lynbrook.

Suburb Insights for Lynbrook 3975

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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.