FOR SALE
Expressions of Interest

897 Point Nepean Road
Rosebud VIC 3939

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 168m2
Land area: 212m2
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Deceased Estate - Investment With The Lot

RWC Diston Asset services is proud to present this single freehold investment for Expressions of Interest.
Perfectly positioned in Rosebud's retail precinct, with ample car parking and huge exposure to Point Nepean Road, opposite Rosebud pier and surrounded by quality establishments such as Woolworths, Repco & BWS.
Securely leased to ItsaBurger from 2018 and growing from this location to another store is a testament to this business operator.
Here is a great opportunity for an astute investor to redevelop or enter into a longer lease with the sitting tenant.
The property features
• Single freehold in prime retail precinct
• Zoning | Commercial 1
• Land area | 212sqm approximately
• Building area | 168sqm approximately
• Return | $44,990.05 pa net
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Property Details for 897 Point Nepean Rd, Rosebud

Building Type
Commercial
Floor Size
168m2
Land Size
212m2

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About Rosebud 3939

The size of Rosebud is approximately 17.1 square kilometres. It has 36 parks covering nearly 26.1% of total area. The population of Rosebud in 2011 was 12,501 people. By 2016 the population was 13,188 showing a population growth of 5.5% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation. In 2011, 68.9% of the homes in Rosebud were owner-occupied compared with 67.9% in 2016.

Rosebud has 10,828 properties. Over the last 5 years, Houses in Rosebud have seen a 33.61% increase in median value, while Units have seen a 29.60% increase. As at 31 October 2024:

  • The median value for Houses in Rosebud is $764,159 while the median value for Units is $653,771.
  • Houses have a median rent of $530 while Units have a median rent of $550.
There are currently 82 properties listed for sale, and 17 properties listed for rent in Rosebud on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Rosebud.

Suburb Insights for Rosebud 3939

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Brett Diston
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Ray White Commercial Diston Asset Services
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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.