5/29 Business Park Drive, Notting Hill, VIC 3168 sold on 19 October 2025 | OnTheHouse
SOLD
Sold on 19 Oct 2025 for $1,800,000

5/29 Business Park Drive
Notting Hill VIC 3168

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 616m2
Land area: 613m2
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Property Details for 5/29 Business Park Dr, Notting Hill

Building Type
Commercial
Floor Size
616m2
Land Size
613m2
Local Government
Monash
Lot/Plan
5/SP31831

Last Listing description (October 2019)

Crabtrees Real Estate are delighted to offer 5/29 Business Park Drive, Notting Hill for sale by Public Auction on Thursday 24th October at 1 pm.

This modern office warehouse is securely leased to F. R. Pulford & Sons Pty Ltd, established for 85 years in Australia and now a subsidiary of global giant ELGi.


Positioned in an outstanding location, this fantastic opportunity includes key investment highlights:

+ Leased to F. R. Pulford & Sons Pty Ltd - see https://pulford.com.au/about/

+ 4 + 4 year lease from 9th October 2018

+ Passing rental of $69,010 pa + Outgoings + GST

+ Annual 3% increases

+ Bank Guarantee Security

Key Property Highlights:

+ A quality office warehouse premises constructed of concrete panel walls with a steel deck roof

+ High & bright warehouse

+ Motorised and wide container height roller door provides excellent access

+ Male and female toilets and lunchroom within warehouse

+ Car parking on site for approx 9 cars

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Property History for 5/29 Business Park Dr, Notting Hill, VIC 3168

A timeline of how this property has performed in the market
Last Sold
$1,800,000
19 Oct 2025
Listed for Rent
$1.28k/w
22 Oct 2018
  • 19 Oct 2025
    Sold for $1,800,000
  • 24 Oct 2019
    Sold for $1,380,000
  • 20 Sep 2019
    Listed for Sale Contact Agents
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About Notting Hill 3168

The size of Notting Hill is approximately 1.6 square kilometres. There is 1 park, covering nearly 0.3% of the total area. The population of Notting Hill in 2016 was 3050 people. By 2021 the population was 2895 showing a population decline of 5.1% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation.In 2021, 47.70% of the homes in Notting Hill were owner-occupied compared with 41.00% in 2016.

Notting Hill has 2,181 properties. Over the last 5 years, Houses in Notting Hill have seen a -19.65% decrease in median value, while Units have seen a -0.89% decrease. As at 31 July 2026:

  • The median value for Houses in Notting Hill is $1,263,270 while the median value for Units is $392,396.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 10 properties listed for sale, and 13 properties listed for rent in Notting hill on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in Notting hill.

Suburb Insights for Notting Hill 3168

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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.