7 Precision LaneNotting Hill VIC 3168
Property Details for 7 Precision Lane, Notting Hill
Last Listing description (December 2022)
Crabtrees Real Estate are excited to offer 7 Precision Lane, Notting Hill for Private Sale
This four (4) year old office warehouse is located within the boutique Precision Business Park in the tightly held Notting Hill commercial/industrial precinct and positioned only moments to the M1 (Monash) Freeway.
Lease Particulars:
+ Leased to Safe International Logistics Pty Ltd
+ Three (3) year term as of 1st January 2023 with NIL options
+ Current rental $55,113.28 per annum + GST & Outgoings
+ Three (3) months rent as security
+ Annual 3% increases
Features:
+ 324 sqm total building area
+ Includes first floor mezzanine office of 45 sqm
+ Office areas are fully carpeted and air-conditioned throughout
+ Unisex disabled amenities, including shower with attached kitchenette
+ Clear span warehouse with internal clearance of 7m approximately
+ Warehouse lighting
+ Container height roller shutter door
+ Six (6) allocated car spaces
Surrounded by major international organizations such as Mercedes-Benz, NEC, Adidas & Monash University this building will impress!
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 7 Precision Lane, Notting Hill, VIC 3168
- 28 Nov 2025Sold for $1,420,000
- 07 Dec 2022Sold for $1,320,000
- 24 Oct 2022Listed for Sale CONTACT AGENT
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About Notting Hill 3168
The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of 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 2,251 properties. Over the last 5 years, Houses in Notting Hill have seen a 27.77% increase in median value, while Units have seen a 10.72% increase. As at 31 December 2025:
- The median value for Houses in Notting Hill is $1,388,457 while the median value for Units is $408,571.
- Houses have a median rent of $580 while Units have a median rent of $550.
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