FOR SALE
$3,500,000

72-74 Kyabram Street
Coolaroo VIC 3048

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 600m2
Land area: 4598m2
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72-74 Kyabram Street, Coolaroo Victoria 3048

ARPBS Commercial have on offer a prime opportunity to secure a prominent development site. This property boasts exceptional size and zoning that would provide an array of opportunities for the astute developer. Strategically located within proximity to key markets, this property would provide ease of access for future occupiers.
Features
*Total size: 4,598 SQM Approx.
*Zoning: Industrial 3
*Prime development site (STCA)
*Tenanted-investment.
Call George to discuss further 0418315936.

Property Details for 72-74 Kyabram St, Coolaroo

Building Type
Commercial
Floor Size
600m2
Land Size
4598m2

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About Coolaroo 3048

The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016.

Coolaroo has 1,763 properties. Over the last 5 years, Houses in Coolaroo have seen a 22.47% increase in median value, while Units have seen a 12.66% increase. As at 30 September 2024:

  • The median value for Houses in Coolaroo is $548,417 while the median value for Units is $439,200.
  • Houses have a median rent of $480.
There are currently 2 properties listed for sale, and no properties listed for rent in Coolaroo on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Coolaroo.

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George Mercieca
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ARPBS Commercial Real Estate
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