A great opportunity for investors with unlimited potential on this huge level land.
-The Shop is currently leased as Paramount Pool Centre (it has been a pool shop for more than 36 years) with a long term tenant and a lease term of 5+3+3+3, New least from 1/9/2021 rent $68,700 per annum Including GST
-There is also a separate 3 bed house has separate addresss- 397a Blaxand Rd Denistone East
The size of Denistone East is approximately 0.7 square kilometres. It has 6 parks covering nearly 3.3% of total area. The population of Denistone East in 2011 was 2,098 people. By 2016 the population was 2,240 showing a population growth of 6.8% in the area during that time. The predominant age group in Denistone East is 0-9 years. Households in Denistone East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Denistone East work in a professional occupation. In 2011, 85.4% of the homes in Denistone East were owner-occupied compared with 81.1% in 2016.
Denistone East has 895 properties. Over the last 5 years, Houses in Denistone East have seen a 62.29% increase in median value, while Units have seen a 37.65% increase. As at 31 October 2024:
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