67/31-37 Norcal RoadNunawading VIC 3131
Property Details for 67/31-37 Norcal Rd, Nunawading
Last Listing description (October 2022)
Ray White Commercial is proud to present 67/31-37 Norcal Road, Nunawading to market by way of a Public On-site Auction scheduled for Friday 1st July, 2022 @ 12:00pm.
The property is located in the well known industria Business Park which is strategically located within the Eastern corridor of Metropolitan Melbourne a mere 400m* from Nunawading Homemaker HQ and only 2km* from the Eastern Freeway / EastLink (M3) entry and exit ramps. It is easily accessible via Springvale Road, Whitehorse Road / Maroondah Highway, EastLink (M3) and moments from Nunawading Train Station.
The property itself presents a fantastic opportunity for both investors and future owner occupiers given the scarcity of this asset class and would make a perfect addition to any property portfolio or SMSF.
Property Features:
Total building area | 250m2*
Includes first floor carpeted office with split system | 48m2*
2 + 2 Year Lease (Commenced June 2021)
3% Fixed annual increases
Electric roller door, 3 phase power, LED High Bay Lights
Excellent internal clearance up to 7.2m*
Three (3) car spaces on-title
Amenities | kitchenette, disabled toilet, shower
Popular Mr Robertson Cafe on-site
Industrial 1 Zone (IN1Z)
Terms | 10% Deposit, Settlement 30/60/90 days
For further information please contact one of the exclusive marketing agents:
Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
*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 67/31-37 Norcal Rd, Nunawading, VIC 3131
- 25 Nov 2025Sold for $1,298,000
- 01 Jul 2022Sold for $993,100
- 12 Jun 2022Listed for Sale Auction ($900,000 - $990,000)
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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 7,065 properties. Over the last 5 years, Houses in Nunawading have seen a -4.92% decrease in median value, while Units have seen a 11.35% increase. As at 31 May 2026:
- The median value for Houses in Nunawading is $1,136,489 while the median value for Units is $746,557.
- Houses have a median rent of $660 while Units have a median rent of $580.
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