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

13 Redland Drive
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1240m2
Land area: 2211m2
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Property Details for 13 Redland Dr, Mitcham

Building Type
Commercial
Floor Size
1240m2
Land Size
2211m2
Local Government
Whitehorse
Lot/Plan
8/PS332167

Last Listing description (July 2019)

Freestanding industrial investment property leased to longstanding Tenant, 13 Redland Drive, Mitcham is offered For Private Sale.  
Leased to multinational secure printing / digital security organisation since 2011, to Gemalto a Thales Company. Additional information is available via their website www.gemalto.com which outlines their revenues of  3 billion Euro*, 15,000 employees and operating in 47 countries.
Key Points :

- Current Lease term: 3 + 3 + 3 years  
- Commenced: 1st December 2017
- Rental: $152,647.32 per annum + GST  
- Building area: 1,194m2* including two level offices/ amenities area 227m2* and mezzanine 230m2* 
- Extensive fitout by the current long standing tenant incorporating high technology processing areas.  
- Site area: 2,211m2* 
Located within the highly sought after Redland Drive Estate, accessed via Mitcham Road,  27 kilometres * east of the Melbourne CBD, 1.8 kilometres* from Mitcham Railway Station and 2.9 Kilometres from the Canterbury Road / Eastlink on/off ramp.
 
For further information please contact exclusive sole agents CVA Property Consultants  
*Approx
Pricing excludes GST.

Property History for 13 Redland Dr, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$3,060,000
17 Jul 2019
Listed for Rent
$2.40k/w
17 Jan 2012
  • 17 Jul 2019
    Sold for $3,060,000
  • 26 Jun 2019
    Listed for Sale Not Disclosed
  • 31 May 2011
    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 27 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.