9/23A Cook Road, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
OFF MARKET

9/23A Cook Road
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 818m2
Land area: 850m2
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Property Details for 9/23a Cook Rd, Mitcham

Building Type
Commercial
Floor Size
818m2
Land Size
850m2
Local Government
Whitehorse
Lot/Plan
31/PS419742

Last Listing description (September 2023)

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)

High clearance warehouse: 569m2 approx
Rent: $138,420 + GST and outgoings
Term: 3 years + 3 years + 3 years
Security: Five(5) month security deposit
Carparks: 11

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.

Property History for 9/23a Cook Rd, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$2,882,000
24 Aug 2023
Listed for Rent
17 Mar 2016
  • 24 Aug 2023
    Sold for $2,882,000
  • 26 Jul 2023
    Listed for Sale Contact Agent
  • 09 Mar 2016
    Sold for $1,622,500
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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 24 properties listed for sale, and 8 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 372 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.