FOR SALE
FOR SALE BY EXPRESSION OF INTEREST

82C Wedge Street
Epping VIC 3076

Bedrooms: -
Bathrooms: -
Car spaces: 120
Floor area: 400m2
Land area: 4055m2
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BLUE CHIP INVESTMENT AND RARE TRIPLE FRONTED DEVELOPMENT OPPORTUNITY

The Real Estate Business has the pleasure of offering to the market
• 82C Wedge Street Epping Vic 3076
• 89 Coulstock Street Epping Vic 3076
For Sale via “Expression of Interest”
Situated in a tightly held location, within the Metropolitan Activity Centre of Epping Central.
This rare opportunity has arisen, to acquire a first class blue-chip investment that is leased to two national tenants.
• Amplitel Pty Ltd (Telstra)
• Bingo Property (Vic) Pty Ltd
Providing the astute investor a net return of $211,827 pa (approx.) plus GST and plus all outgoings.
DEVELOPMENT POTENTIAL
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Property Details for 82c Wedge St, Epping

Building Type
Commercial
Floor Size
400m2
Land Size
4055m2

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About Epping 3076

The size of Epping is approximately 33.7 square kilometres. It has 107 parks covering nearly 17.6% of total area. The population of Epping in 2011 was 26,345 people. By 2016 the population was 32,397 showing a population growth of 23.0% in the area during that time. The predominant age group in Epping is 30-39 years. Households in Epping are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Epping work in a clerical occupation. In 2011, 74.6% of the homes in Epping were owner-occupied compared with 68.7% in 2016.

Epping has 16,527 properties. Over the last 5 years, Houses in Epping have seen a 23.55% increase in median value, while Units have seen a 23.40% increase. As at 31 October 2024:

  • The median value for Houses in Epping is $708,694 while the median value for Units is $494,285.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 94 properties listed for sale, and 61 properties listed for rent in Epping on OnTheHouse. According to CoreLogic's data, 567 properties were sold in the past 12 months in Epping.

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Tony Delinaoum
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