FOR SALE
$275,000

47 Brown Street
Hamilton VIC 3300

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 71m2
Land area: 187m2
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CBD OPPORTUNITY

Located within close proximity to other offices, retail shops, major supermarkets and a short distance from the centre of the CBD is this fantastic opportunity to purchase a commercial property either as an owner occupier or investor. Currently configured with a front waiting area, reception area and two additional offices along with toilet, basin and sink and rear carparking. This property could be configured and used for a range of professional services, consulting rooms or retail. The property is currently vacant providing an opportunity for an owner occupier or an investment option for an investor looking for a commercial property within the CBD.

Property Details for 47 Brown St, Hamilton

Building Type
Commercial
Floor Size
71m2
Land Size
187m2

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About Hamilton 3300

The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2011 was 10,103 people. By 2016 the population was 9,981 showing a population decline of 1.2% in the area during that time. The predominant age group in Hamilton is 50-59 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 71.2% of the homes in Hamilton were owner-occupied compared with 71.3% in 2016.

Hamilton has 6,348 properties. Over the last 5 years, Houses in Hamilton have seen a 66.89% increase in median value, while Units have seen a 48.82% increase. As at 31 October 2024:

  • The median value for Houses in Hamilton is $345,653 while the median value for Units is $277,451.
  • Houses have a median rent of $370 while Units have a median rent of $330.
There are currently 31 properties listed for sale, and 1 property listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Hamilton.

Suburb Insights for Hamilton 3300

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Melissa Ferrier
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Professionals Real Estate Hamilton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.