Prestigious and Prominent

12/54, Merrindale Drive, CROYDON SOUTH, VIC, 3136

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253.00 m2

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Overview

GrayJohnson is pleased to offer for sale this exceptional industrial unit, one of just 12 in this prestigious development in the premium commercial/industrial precinct of Croydon South. The complex is security-fenced and gated and features a striking contemporary design.

Unit 12 enjoys a prime position at the front of the complex and comprises a high-clearance warehouse plus impressive elevated offices. The clear span warehouse has electrically operated roller shutter door access. The modern offices are NBN equipped and feature air conditioning, commercial-grade carpeting and double-glazed tinted windows. Facing north, the premises enjoy superb natural light. There is also allocated on-grade and under-cover parking.

With an affordable price point and a short term lease in place, this property is ideal as headquarters for a new owner-occupier. Alternatively, it makes a quality addition to an investment portfolio with the opportunity to lock-in a long term tenant.

The opportunity:
• Total building area 253 sqm* (warehouse 213 sqm*, office 40 sqm*)
• Warehouse springing height 6.1m*
• Roller shutter door access
• Self-contained with bathroom and kitchenette facilities
• Short term lease returning $47,000 pa Net + GST
• Zoning: Industrial 1

The location:
• Premium industrial area in Melbourne’s east
• Easy access to Eastlink, Maroondah Highway and major arterials
• Minutes to Eastland Ringwood
• Cafés within easy walking distance
• 3.5 km* to Croydon Station and shopping centre

*approx.

Key Details

Status

Sold

Type

Industrial

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Their interests are our priority

David Ellis

PAE Investments Pty Ltd

The asset management team helped us bring the building up to scratch, and we had plenty of interest, lots of inspections and positive feedback. We sold at the top of the range with multiple offers on the table. Senior Asset Manager, Marcel, was our key game player, Matt was a great coach & our long-term financial goal is on track.

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

Charter Keck Cramer

To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.

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