29A Redland Drive, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
OFF MARKET

29A Redland Drive
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 1405m2
Land area: 840m2
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Property Details for 29a Redland Dr, Mitcham

Building Type
Commercial
Floor Size
1405m2
Land Size
840m2
Local Government
Whitehorse
Lot/Plan
2/PS613103

Last Listing description (July 2022)

Located on Redland Drive, the site sits only moments from Canterbury Road with Eastlink accessible within 3km*.

The Redland Drive Estate is considered one of the most prominent industrial locations in the eastern market with surrounding occupiers including Harvey Norman, Yarra Valley Water and Thales just to name a few. This is the first on market vacant possession purchase opportunity in the estate this year.


Property Features:
+ Office Area: 228 sqm*
+ Warehouse Area: 292 sqm*
+ Street frontage
+ High clearance warehouse
+ 8 on-site car parks
+ Container truck access
+ Individual title


Location Highlights:
+ 700m* to Canterbury Road
+ 2.3km* to M3 East Link
+ 1.5km* to Mitcham Railway Station
+ 415m* to Mitcham Road Bus Stop
+ 2.1km* to Forest Hill Chase Shopping Centre

For any further information or to arrange an inspection please contact:

CBRE - Alex Grima 0448 277 979

Appleby David McGuiness 0433 322 443 or Andrew Hill 0421 904 271

*approx.

Property History for 29a Redland Dr, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$2,530,000
07 Mar 2022
Listed for Rent
$1.73k/w
26 Jul 2022
  • 07 Mar 2022
    Sold for $2,530,000
  • 06 Aug 2021
    Listed for Rent - Price not available
  • 07 May 2021
    Listed for Sale Contact Agent
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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, 374 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.