5/22-24 Redland Drive, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
OFF MARKET

5/22-24 Redland Drive
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 255m2
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Property Details for 5/22-24 Redland Dr, Mitcham

Building Type
Commercial
Land Size
255m2
Local Government
Whitehorse
Lot/Plan
4/PS423213

Last Listing description (March 2022)

AVAILABLE FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 10TH MARCH 2022 AT 3:00PM

POINT OF INTEREST:

Located within Melbournes eastern pocket of established industrial enterprises, this is a 535 sqm* over two strata titled factories fitted out for food production. All relevant permits are in place, saving you at least six months of admin and encouraging production to begin at your earliest convenience. Its fully air-conditioned with two freezer rooms and a cool room, two sinks with grease traps, and additional first floor admin office and mezzanine storage Situated in a clever position with easy access to Eastlink, Canterbury Road and Maroondah Highway this is a factory that has factored every possible amenity into its package.

- 535 sqm* building area.
- Industrial 1 & 3 zoning.
- Two titles.
- Fully fitted for food production.
- Freezer rooms and cool room.
- Gas connected to both units.
- 8 car spaces on site.
- Solar panels producing approx. 30 KVA of power.
- 1.3 km* from Mitcham railway station.
- 20 km* from Melbourne CBD.

POINT OF VIEW:
Imagine finding a food grade production factory that is ready to operate the day you settle. Imagine no more, its all here.

*Approx.
Pricing excludes GST

Property History for 5/22-24 Redland Dr, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$840,400
20 Sep 2022
  • 20 Sep 2022
    Sold for $840,400
  • 11 Mar 2022
    Sold for $1,027,400
  • 25 Jan 2022
    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, 373 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.