FOR SALE
$250,000

25 Rutherglen Road
Newborough VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 80m2
Land area: 205m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Investment on leased take away shop - Newborough

Opportunity exists to own a commercial building in the heart of Newborough. Currently leased on a fixed term lease until 7th May 2028 at $900 per month plus outgoings (not applicable to GST), annual CPI increase and market review at end of lease. Fitted with deep fryers, servery, drinks fridge with cool room at rear, kitchen with electric oven, rear store room with extra large freezer plus more. Outside undercover area with grease trap, garden shed, toilet and lockup yard. Current lease holder takes on responsibility of maintaining and replacing any equipment that was in place at start of the tenancy removing liability to owner for replacement/repair. Rear access with lockable gates from Central Avenue. For more information please contact Tanya at Strzelecki Realty 5633 2858.
Property Code: 1983
View Statement of Information

Property Details for 25 Rutherglen Rd, Newborough

Building Type
Commercial
Floor Size
80m2
Land Size
205m2

Commute Calculator

About Newborough 3825

The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016.

Newborough has 3,956 properties. Over the last 5 years, Houses in Newborough have seen a 68.16% increase in median value, while Units have seen a 64.20% increase. As at 30 September 2024:

  • The median value for Houses in Newborough is $394,655 while the median value for Units is $279,123.
  • Houses have a median rent of $405 while Units have a median rent of $253.
There are currently 32 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Newborough.

Newborough Profile Page

Suburb Insights for Newborough 3825

Visit Newborough profile page
Market Insights
Newborough Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Newborough Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Newborough profile page
Contact agent
Tanya Megaw
Show contact details
Call agent
Strzelecki Realty
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED