FOR SALE
$750,000-$825,000

11A Michaels Drive
Alfredton VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 360m2
Land area: 1075m2
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Outstanding Industrial Shed With Secure Tenant

Set in the growth corridor of industrial and residential development zones, is this craftsman constructed industrial shed.
Surrounded by local, national and multinational operations value of properties continue to increase at rapid rates.
Factory floorspace of 360m2 plus 37m2 office showroom.
Excellent tenant provides secure lease till November 2027 at current $31,500 pa.
Opportunities such as this do not become available regularly with tenants, this provides as a fantastic investment.
Price $750,000 - $825,000.
Call today for full details.
Contact Michael Edgar 0407332040.
Ballarat's Best-Selling Team.
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Property Details for 11a Michaels Dr, Alfredton

Building Type
Commercial
Floor Size
360m2
Land Size
1075m2

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About Alfredton 3350

The size of Alfredton is approximately 7.9 square kilometres. It has 11 parks covering nearly 12.3% of total area. The population of Alfredton in 2011 was 7,194 people. By 2016 the population was 9,228 showing a population growth of 28.3% in the area during that time. The predominant age group in Alfredton is 10-19 years. Households in Alfredton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Alfredton work in a professional occupation. In 2011, 75.9% of the homes in Alfredton were owner-occupied compared with 70.6% in 2016.

Alfredton has 6,160 properties. Over the last 5 years, Houses in Alfredton have seen a 26.04% increase in median value, while Units have seen a 23.17% increase. As at 30 November 2024:

  • The median value for Houses in Alfredton is $632,430 while the median value for Units is $351,132.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 68 properties listed for sale, and 25 properties listed for rent in Alfredton on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Alfredton.

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Michael Edgar
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