11 Redland Drive, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
OFF MARKET

11 Redland Drive
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1107m2
Land area: 2211m2
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Property Details for 11 Redland Dr, Mitcham

Building Type
Commercial
Floor Size
1107m2
Land Size
2211m2
Local Government
Whitehorse
Lot/Plan
7/PS332167

Last Listing description (March 2019)

Excellent location on Redland Drive, near the intersection of Canterbury Road. Only minutes to the Eastern Freeway and the new Mitcham-Frankston Freeway.
Amenities include reserve across the street, Rangeview shops some 500m away, bus-stop outside the front of the building, and Mitcham station approximately 2km to the north.

Major occupants in the surrounding area include Daimand Australia, Melrose-Omega Oils, Bendit Appliances, Parker Healthcare` and Leeder Consulting to name a few. Corporate office/warehouse building of 966sqm comprising 668sqm of warehouse and 328sqm of office with 19 onsite car parking spaces.
High quality office/showroom fit out of 407sqm

- High quality office/warehouse
- Building area 1,079m2*
- Land area 2,211m2* / Zoned Industrial 3
- 19 car-spaces
- Close to Canterbury Road, Whitehorse Road, Mitcham Road and Eastlink
- Leased to a publically listed company
- Currently returning $168,809.77 pa + GST
- 3 year lease + options
- Annual CPI Increases

Property History for 11 Redland Dr, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$3,000,000
15 Apr 2019
Listed for Rent
$3.07k/w
27 Sep 2012
  • 15 Apr 2019
    Sold for $3,000,000
  • 26 Mar 2019
    Listed for Sale Contact Agent
  • 04 Jul 2012
    Listed for Rent - Price not available
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2016 was 16148 people. By 2021 the population was 16795 showing a population growth of 4.0% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation.In 2021, 70.90% of the homes in Mitcham were owner-occupied compared with 69.80% in 2016.

Mitcham has 9,367 properties. Over the last 5 years, Houses in Mitcham have seen a 11.32% increase in median value, while Units have seen a 16.12% increase. As at 31 March 2026:

  • The median value for Houses in Mitcham is $1,248,482 while the median value for Units is $830,369.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 372 properties were sold in the past 12 months in Mitcham.

Suburb Insights for Mitcham 3132

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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.