Immaculately presented, the property is in one of the Eastern Suburbs most tightly held and prized locations. The good mix of quality office space, high clearance, clear span warehousing, and great location ensure the property will always be in high demand.
Building area: 769sqm
Office area: 200sqm (approx) (over two levels)
Key features:
- Excellent position within a tightly held commercial area
- High-quality dual-level offices with existing fit-out including, partitions, air-conditioning, and reception
- Significant car parking on title
- Extensive staff kitchens, lunchroom & amenities throughout
- Existing I.T. / communications
About the tenant:
- The WORD group has been in business for 77 years
- Once a bricks and mortar retail operation of over 19 stores
- Now Word Australia operate on-line from a modern new warehouse in Mitcham, Vic. Customers from all over Australia and overseas can select from the wide range of resources on Word's website and expect fast delivery or may collect their order from the Mitcham, Vic warehouse.
For Sale by Expressions of Interest closing Tuesday August 22nd at 2.00pm.
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:
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