111 Munibung Road, Boolaroo is a modern first-class industrial facility located on busy Munibung Road and positioned within the popular industrial precinct.
The state-of-the-art facility will be offered with a new 10 + 5 + 5 year lease in place to fourth generation Australian owned global tools manufacturer Sheffield Group Pty Ltd with a rental return of $1,200,000 net per annum plus GST.
- Total office area 1,715sqm*
*Approximately
The size of Boolaroo is approximately 2.7 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Boolaroo in 2011 was 933 people. By 2016 the population was 1,042 showing a population growth of 11.7% in the area during that time. The predominant age group in Boolaroo is 50-59 years. Households in Boolaroo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Boolaroo work in a trades occupation. In 2011, 68.9% of the homes in Boolaroo were owner-occupied compared with 67.8% in 2016.
Boolaroo has 1,445 properties. Over the last 5 years, Houses in Boolaroo have seen a 85.32% increase in median value, while Units have seen a 64.41% increase. As at 31 August 2024:
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