FOR SALE
$185,000

93 Dunlop Street
Mortlake VIC 3272

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 18m2
Land area: 185m2
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Retail Investment or Owner Occupy

Located in the heart of Mortlake's main street is this 166m2 retail shop, the property has rear access, on a 185m2 parcel of land. The property was renovated in 2017 with a new roof, re wiring, new WC all the big ticket items are done.
This property will be sold with a 3 year Lease that commenced on the 7th October 2024, there are three x three year options attached. The rental is $13,000 per annum plus 100% of the outgoings paid by the tenant, tuck it away in your super fund and forget it just over 7% return.
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Property Details for 93 Dunlop St, Mortlake

93 Dunlop St, Mortlake is a 1 bedroom, 1 bathroom House. The property has a land size of 185m2 and floor size of 18m2. The place is currently for sale with Falk & Co Estate Agents.

Building Type
House
Floor Size
18m2
Land Size
185m2

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About Mortlake 3272

The size of Mortlake is approximately 354.5 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Mortlake in 2011 was 1,354 people. By 2016 the population was 1,360 showing a population growth of 0.4% in the area during that time. The predominant age group in Mortlake is 60-69 years. Households in Mortlake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mortlake work in a managers occupation. In 2011, 74.6% of the homes in Mortlake were owner-occupied compared with 74.7% in 2016.

Mortlake has 995 properties. Over the last 5 years, Houses in Mortlake have seen a 112.12% increase in median value, while Units have seen a 90.32% increase. As at 31 October 2024:

  • The median value for Houses in Mortlake is $330,872 while the median value for Units is $426,520.
  • Houses have a median rent of $410.
There are currently 14 properties listed for sale, and 1 property listed for rent in Mortlake on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Mortlake.

Suburb Insights for Mortlake 3272

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David Falk
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Falk & Co Estate Agents
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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.