FOR SALE
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8/220 Chapel Road
Keysborough VIC 3173

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The Brief: Opportunity Awaits at Lucky Number 8!

Its Addressed:
This is the perfect chance for investors or business owners to create something special in a prime location. With a spacious frontage, high exposure on a main road, and easy undercover parking for customers (56 retail car spaces!), this property offers endless potential.
Imagine your business thriving here – whether it’s a Banh Mi shop, café, tax accounting or law firm or any thing you have in mind.
Located in the vibrant and growing Keysborough community, surrounded by a modern estate and a strong local customer base, your business will be set for success.
Only 40mins approx. from Melbourne CBD, offering excellent connectivity, it is easily accessible via major roads including Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, and the newly opened Dingley Bypass. The Keysborough South Shopping Centre, home to a Medical Clinic, Pharmacy, Woolworths & McDonalds is just across the road!
Estimated rental income: $50,000 - $61,000 + GST + OG/pa
Book your inspection today!
For more Real Estate in Keysborough contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details for 8/220 Chapel Rd, Keysborough

Building Type
Commercial

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About Keysborough 3173

The size of Keysborough is approximately 21.8 square kilometres. It has 56 parks covering nearly 12.1% of total area. The population of Keysborough in 2011 was 19,885 people. By 2016 the population was 25,782 showing a population growth of 29.7% in the area during that time. The predominant age group in Keysborough is 30-39 years. Households in Keysborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keysborough work in a professional occupation. In 2011, 81% of the homes in Keysborough were owner-occupied compared with 79.7% in 2016.

Keysborough has 12,884 properties. Over the last 5 years, Houses in Keysborough have seen a 31.96% increase in median value, while Units have seen a 23.00% increase. As at 30 November 2024:

  • The median value for Houses in Keysborough is $977,390 while the median value for Units is $761,651.
  • Houses have a median rent of $695 while Units have a median rent of $650.
There are currently 23 properties listed for sale, and 22 properties listed for rent in Keysborough on OnTheHouse. According to CoreLogic's data, 405 properties were sold in the past 12 months in Keysborough.

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