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29b 102-114 Gladesville Boulevard
Patterson Lakes VIC 3197

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 85m2
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PRICE REDUCED - Brilliant Retail Opportunity

RENT FREE INCENTIVE AVAILABLE
Call now to secure this exceptional retail opportunity in the iconic Lakeview Shopping Centre. The shop has been a long term noodle shop with an existing customer base creating the perfect opportunity for another operator to pick up where they left off.
Take advantage of the high level of exposure, foot traffic and ample car parking. There is also the opportunity to secure some or all of the existing tenants fitout and equipment.
The centre is located a short distance from the Frankston Freeway, Peninsula Link and Eastlink ensuring easy access for your customer base.
The large retail district services a number of surrounding suburbs and is home to over 60 chain and independent retailers.
Inspections are strictly by appointment only.
*All sizes are approximate.
**All figures are GST exclusive unless otherwise stated. GST is payable in addition to
amounts quoted.

Property Details for 29b 102-114 Gladesville Boulevard, Patterson Lakes

Building Type
Commercial
Floor Size
85m2

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About Patterson Lakes 3197

The size of Patterson Lakes is approximately 4.3 square kilometres. It has 17 parks covering nearly 11.5% of total area. The population of Patterson Lakes in 2011 was 7,582 people. By 2016 the population was 7,538 showing a population decline of 0.6% in the area during that time. The predominant age group in Patterson Lakes is 40-49 years. Households in Patterson Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Patterson Lakes work in a professional occupation. In 2011, 78.3% of the homes in Patterson Lakes were owner-occupied compared with 79.4% in 2016.

Patterson Lakes has 4,032 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 21.63% increase in median value, while Units have seen a 3.97% increase. As at 30 November 2024:

  • The median value for Houses in Patterson Lakes is $1,242,626 while the median value for Units is $644,993.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 18 properties listed for sale, and 10 properties listed for rent in Patterson lakes on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Patterson lakes.

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Patrick Morrison
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Steve Aylen
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