12/18-22 Lexia PlaceMulgrave VIC 3170
Property Details for 12/18-22 Lexia Pl, Mulgrave
Last Listing description (July 2025)
Ray White Commercial Oakleigh and Gross Waddell ICR are pleased to present 12/18-22 Lexia Place, Mulgrave, a high-quality industrial investment located in one of Melbourne's most tightly held industrial precincts.
Positioned moments from the Monash Freeway (M1), this exceptionally well-maintained facility is securely leased to Penta Grand, a respected business in the building industry. Offering a strong return and long-term investment appeal, the property features a premium warehouse/office combination with exceptional access and modern features.
Key Highlights:
Total building area | 1,075 sqm*
Secure 5 + 5 year lease commenced July 2024
Annual rental | $214,089 + GST + Outgoings* (effective 1 July 2025)
High-clearance warehouse with four glass-panel tilt doors
Dual-level office including training and technical spaces
Fiber internet, upgraded 3-phase power, warehouse extraction system & on-site gas
LED lighting, disabled amenities with shower
Generous on-site parking for 22 vehicles
Convenient location near Stud Road, Wellington Road, and Ferntree Gully Road
For further details or to arrange a private inspection, contact the exclusive agents below
Ryan Amler | 0401 971 622
Jonathan On | 0479 003 122
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 12/18-22 Lexia Pl, Mulgrave, VIC 3170
- 30 Apr 2025Listed for Sale Contact Agent
- 26 Sep 2023Listed for Rent - Price not available
- 24 Feb 2023Sold for $3,350,000
Recent sales nearby
See more recent sales nearby/assets/perm/i64t7yn6oyi6nl2esewmn4pdee?signature=823a9b1d0e9e8a9452c053bf36bd000770f1918c7ee01c2d83579cd1a30c1d96){kind=logo}
0
/assets/perm/53de4cx5zqi6th5jhp6dh3ucre?signature=13ee1e44aa53b2e527f15ae42093bfc0d7681e391dd208ab0aaf6bb0b3ae9081){kind=logo}
0
/assets/perm/lsofpjjx6ei65ikqvg5w4oxbpm?signature=fb64710aae9aa80abc072712a8b64c385b43e1f74056991257f1fce4238c969f){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Mulgrave 3170
The size of Mulgrave is approximately 10.7 square kilometres. There are 40 parks, covering nearly 5.8% of the total area. The population of Mulgrave in 2016 was 19368 people. By 2021 the population was 19889 showing a population growth of 2.7% in the area during that time. The predominant age group in Mulgrave is 30-39 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a professional occupation.In 2021, 74.80% of the homes in Mulgrave were owner-occupied compared with 75.40% in 2016.
Mulgrave has 9,409 properties. Over the last 5 years, Houses in Mulgrave have seen a 15.32% increase in median value, while Units have seen a 12.35% increase. As at 30 April 2026:
- The median value for Houses in Mulgrave is $1,117,576 while the median value for Units is $857,336.
- Houses have a median rent of $660 while Units have a median rent of $660.
Suburb Insights for Mulgrave 3170
Market Insights
Mulgrave Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mulgrave Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
