FOR SALE
PRICE REDUCED - CONTACT AGENT

112 Cumberland Road
Pascoe Vale VIC 3044

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 52m2
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PRICE REDUCTION! ALL OFFERS TO BE SUBMITTED PRIOR 30th of APRIL

ENTRY LEVEL INVESTMENT OPPORTUNITY NOT TO BE MISSED !
This property is ideally located on bustling main road , boasting visibility and exposure with a constant stream of foot traffic.
Leased to a reputable Florist , established in 2021. Business operates 7 days .
Lease Details as follows:
• NLA : 52 sq/m (approx)
• Private Internal Courtyard
• Split System Air Conditioner
• Concrete Floors
• Lease term: 5 years from 01.07.2021
• Options: 5 years + 5 years
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Property Details for 112 Cumberland Rd, Pascoe Vale

Building Type
Commercial
Floor Size
52m2

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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. It has 22 parks covering nearly 7.4% of total area. The population of Pascoe Vale in 2011 was 14,886 people. By 2016 the population was 17,038 showing a population growth of 14.5% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation. In 2011, 67.7% of the homes in Pascoe Vale were owner-occupied compared with 63.1% in 2016.

Pascoe Vale has 9,883 properties. Over the last 5 years, Houses in Pascoe Vale have seen a 16.11% increase in median value, while Units have seen a 5.40% increase. As at 28 February 2025:

  • The median value for Houses in Pascoe Vale is $1,104,726 while the median value for Units is $626,632.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 50 properties listed for sale, and 23 properties listed for rent in Pascoe vale on OnTheHouse. According to CoreLogic's data, 520 properties were sold in the past 12 months in Pascoe vale.

Suburb Insights for Pascoe Vale 3044

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Tim Frlan
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Raine & Horne Commercial Brunswick
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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 liability for any loss or damage arising in connection with the data and information contained in this publication.