For Sale by Auction on Wednesday 13 December 11am.
2 Dunkley Parade, Mount Hutton, is a fully let neighbourhood centre with mixed-use tenants, including a veterinary hospital, hospitality venues, and retail shops. Zoned as E1 Local Centre with a 1,160sqm* site area and a prominent 71sqm* corner frontage, the property offers future rental uplift with potential for renovation and development (STCA). 2 Dunkley Parade generates a net income of $229,756.40* net per annum plus GST, offering an attractive return on investment.
Key features include:
*Approximately
The size of Mount Hutton is approximately 3.2 square kilometres. It has 6 parks covering nearly 2.8% of total area. The population of Mount Hutton in 2011 was 3,181 people. By 2016 the population was 3,548 showing a population growth of 11.5% in the area during that time. The predominant age group in Mount Hutton is 50-59 years. Households in Mount Hutton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Hutton work in a professional occupation. In 2011, 70.8% of the homes in Mount Hutton were owner-occupied compared with 70.8% in 2016.
Mount Hutton has 1,909 properties. Over the last 5 years, Houses in Mount Hutton have seen a 62.01% increase in median value, while Units have seen a 56.91% increase. As at 31 October 2024:
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