28 Thornton CrescentMitcham VIC 3132
Property Details for 28 Thornton Cres, Mitcham
Last Listing description (February 2017)
Savills is pleased to offer to the market an eastern seaboard portfolio comprising 2 data centre/business continuity office assets located in Norwest Business Park, NSW and Mitcham, VIC
Available in one line or individually
12 Brookhollow Avenue, Norwest Business Park, NSW
- Net income: $1,390,058pa net + GST*
- Site area: 6,912.6sq m*
- WALE: 14 years and 9 months
- CPI annually at minimum 3% increase; market (ratcheted) reviews at each 5 year anniversary
28 Thornton Crescent, Mitcham VIC
- Building area: 3,946sq m* with expansion potential (STCA)
- Net income: $1,223,322pa net + GST*
- Site area: 14,700sq m*
- WALE: 14 years and 9 months
- CPI annually at minimum 3% increase; market (ratcheted) reviews at each 5 year anniversary
*approx
This property is offered for sale Private Treaty.
.
Please contact the exclusive agents for further information.
Property History for 28 Thornton Cres, Mitcham, VIC 3132
- 09 Sep 2016Sold for $18,000,000
- 16 Jul 2015Listed for Sale Contact Agent
- 26 Jun 1997Sold for $1,600,000
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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 9,353 properties. Over the last 5 years, Houses in Mitcham have seen a 26.84% increase in median value, while Units have seen a 14.98% increase. As at 31 December 2025:
- The median value for Houses in Mitcham is $1,298,879 while the median value for Units is $818,305.
- Houses have a median rent of $630 while Units have a median rent of $580.
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