7/22-24 Redland DriveMitcham VIC 3132
Property Details for 7/22-24 Redland Dr, Mitcham
Last Listing description (November 2022)
AVAILABLE FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING Wednesday 9th of November 2022 AT 3:00PM
POINT OF INTEREST:
A food factory with all industry palates accounted for; Move in immediately to begin cooking, producing, and delivering what it is youre known for. Up for sale is a 247 sqm* fully fitted food production machine. A food factory with a six-month head start on the competition, as all relevant permits are already in place all you need to do is turn on the lights and get cooking. Naturally, theres a freezer room and cooler room included here, with gas available to power the stoves (and the rest). There are also four on-site allocated car spaces with plenty of street parking also available in the area. Speaking of, Redland Drive hosts a myriad of other commercial enterprises that had the early tip to set up in Mitcham. Its no wonder with so many arterials at your disposal, like Canterbury Road sitting 600 m* away, Whitehorse Road is only 1.5 km* from here, and the Eastlink only a quick 2.4 km*. This means getting into the CBD takes only 45 minutes, while taking the train via Mitcham railway station transports you centrally in just over an hour.
- 247 sqm* total building area.
- Including 76 sqm* of first-floor.
- 4 on-site car spaces.
- Freezer room and cooler room included.
- Grease trap included.
- Previously occupied as a Gluten free food production.
- Solar panels on the roof.
- Gas available.
- 600 m* from Canterbury Road.
- 2.4 km* from the Eastlink.
- 1.3 km* to Mitcham railway station.
- 20 km* from Melbourne CBD.
POINT OF VIEW:
In the early 2010s, a significant development in the suburbs roads, public transport, and shopping led to skyrocketing house prices and asset investment demand. Pair this with the Eastland shopping centres $700 million transformation, and this part of Melbourne will always be bookmarked by tenants and investors alike.
*Approx.
Pricing excludes GST
Property History for 7/22-24 Redland Dr, Mitcham, VIC 3132
- 31 Oct 2022Sold for $943,800
- 06 Oct 2022Listed for Sale Contact Agent
- 16 Jul 2015Sold for $550,000
Recent sales nearby
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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.
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