FOR SALE
$535,000-$575,000

1270 Heatherton Road
Noble Park VIC 3174

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
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1270 Heatherton Road, Noble Park VIC 3174
Shop & Retail for Sale
$535,000 - $575,000
Ashwani Sharma of Oxbridge is proud to present to you, this unique and exciting opportunity at $535,000 - $575,000 for sale of this Shop/Retail opportunity conveniently located in one of the South-East Melbourne's fastest growing suburbs.
This property currently vacant represents an excellent opportunities for the astute investors or business minded people to start their dream business, invest or Develop and potential to build 6 units on the top (STCA). These types of Shops/Retail or Commercial properties do not come along very often and not to be missed.
This property would suit a variety of uses such as Indian/Asian Grocery Super Market, Vegetable Shop, Restaurant, Medical Consulting, Pharmacy, Hair & Beauty Salon, Nail & Massage Parlour and retail (STCA).
This property is well positioned on busy and vibrant shopping strip, which including News Agency/TATS Lotto, Bottle Shop, Pizza Shop, Chinese Takeaway, Bakery, Coin Laundry Mart and Post Office.
Previously leased to a Hair & Beauty Salon for 5 years.
Price $535,000 - $575,000
Total Land Area 225 m2*
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Property Details for 1270 Heatherton Rd, Noble Park

Building Type
Commercial
Floor Size
100m2

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About Noble Park 3174

The size of Noble Park is approximately 8.6 square kilometres. It has 22 parks covering nearly 6% of total area. The population of Noble Park in 2011 was 28,377 people. By 2016 the population was 31,032 showing a population growth of 9.4% in the area during that time. The predominant age group in Noble Park is 20-29 years. Households in Noble Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Noble Park work in a labourer occupation. In 2011, 58.3% of the homes in Noble Park were owner-occupied compared with 54.9% in 2016.

Noble Park has 15,429 properties. Over the last 5 years, Houses in Noble Park have seen a 25.01% increase in median value, while Units have seen a 14.43% increase. As at 31 October 2024:

  • The median value for Houses in Noble Park is $800,565 while the median value for Units is $509,111.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 92 properties listed for sale, and 32 properties listed for rent in Noble park on OnTheHouse. According to CoreLogic's data, 545 properties were sold in the past 12 months in Noble park.

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Ashwani Sharma
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Oxbridge Property Group
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