13 Reddrop StreetMaddingley VIC 3340
Property Details for 13 Reddrop St, Maddingley
Last Listing description (June 2026)
13 Reddrop Street, Maddingley VIC 3340
An exceptional opportunity to secure a high-quality industrial investment in one of Victoria’s most rapidly expanding growth corridors.
Situated on a generous 1,672m² (approx.) allotment, this modern facility is fully leased to Rossco Engineering and Sales, a reputable and established tenant, returning $103,090 p.a. + GST + Outgoings on a secure 5-year lease (to January 2028).
Featuring a well-maintained 817m² (approx.) building, the property includes high-clearance warehouse space, quality-finished office areas, and ample onsite parking. Located in a thriving industrial precinct with excellent access to the Western Freeway, Bacchus Marsh township, and public transport.
Key Highlights:
- Land Area: 1,672m² (approx.)
- Building Area: 817m² (approx.) incl. offices
- Current Rent: $103,090 p.a. + GST + Outgoings
- Lease Term: 5 years (commenced Jan 2023)
- Lease Expiry: Jan 2028
- Zoned Industrial 1 (IN1Z)
- Tenant: Rossco Engineering and Sales
- Net lease – tenant pays all outgoings
- Low-maintenance, modern construction with strong street appeal
- Excellent vehicle access and hardstand areas
This is a rare chance to secure a passive, income-producing asset in a high-demand commercial precinct with strong long-term growth fundamentals.
Property Code: 2091
Property History for 13 Reddrop St, Maddingley, VIC 3340
- 18 Jun 2026Sold for $1,800,000
- 17 May 2025Listed for Sale Contact Ross Cooper 0409325411
- 25 Aug 2021Listed for Sale $1,550,000 to $1,625,000 Inc GST as ongoing concern
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About Maddingley 3340
The size of Maddingley is approximately 25.4 square kilometres. There are 18 parks, covering nearly 3.8% of the total area. The population of Maddingley in 2016 was 3453 people. By 2021 the population was 5491 showing a population growth of 59.0% in the area during that time. The predominant age group in Maddingley is 30-39 years. Households in Maddingley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddingley work in a professional occupation.In 2021, 73.50% of the homes in Maddingley were owner-occupied compared with 68.50% in 2016.
Maddingley has 3,452 properties. Over the last 5 years, Houses in Maddingley have seen a 15.42% increase in median value, while Units have seen a 21.90% increase. As at 30 June 2026:
- The median value for Houses in Maddingley is $681,144 while the median value for Units is $482,304.
- Houses have a median rent of $540 while Units have a median rent of $480.
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