12/56 Norcal RoadNunawading VIC 3131
Property Details for 12/56 Norcal Rd, Nunawading
Last Listing description (February 2025)
* View the virtual tour and floor plan
* 387 square metre office and warehouse, solid concrete construction
* Returning $63,654 per annum net
* 3 + 3 year lease from 19/04/22 - the tenant has already exercised their lease option early
* $15,000 security deposit and Director guarantee
* Leased to Hengyu Australia Investment Pty Ltd (flooring supplier)
* Rental rate of $165 per sqm
* Modern and functional office and warehouse
* Includes 250 sqm of warehouse and storage, motorised roller door, and high internal clearance
* Ground floor showroom and reception, and first floor office
* Internal bathrooms and kitchenette
* Wide internal driveway and road access
* Easy truck maneuverability
* Eastern Gateway Business Park, one of only eighteen units in the complex
* Walking distance to the local train station and amenity
* Just off Springvale Road and Maroondah Highway, and the Mega Mile retail strip
* Sought after Nunawading industrial hub with easy access to all interlinking traffic routes
Property History for 12/56 Norcal Rd, Nunawading, VIC 3131
- 18 Feb 2025Listed for Sale Asking $1,400,000
- 17 Feb 2025Sold for $1,310,000
- 01 Dec 2021Listed for Rent $58,000 / year
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0About Nunawading 3131
The size of Nunawading is approximately 5.1 square kilometres. There are 23 parks, covering nearly 4.1% of the total area. The population of Nunawading in 2016 was 11876 people. By 2021 the population was 12413 showing a population growth of 4.5% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation.In 2021, 66.60% of the homes in Nunawading were owner-occupied compared with 68.10% in 2016.
Nunawading has 7,066 properties. Over the last 5 years, Houses in Nunawading have seen a 0.29% increase in median value, while Units have seen a 7.49% increase. As at 30 April 2026:
- The median value for Houses in Nunawading is $1,161,488 while the median value for Units is $747,301.
- Houses have a median rent of $650 while Units have a median rent of $575.
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