Street front facing unit in a small industrial estate, including mezzanine storage and modern office space.
Close to Mulgrave railway station, services and with direct access to Windsor road
Offered with five year lease providing rental of $57,000 pa Net, suitable for investors or future owner occupiers.
The size of Mulgrave is approximately 4 square kilometres. It has 2 parks covering nearly 17.5% of total area. The population of Mulgrave in 2011 was 1,225 people. By 2016 the population was 97 showing a population decline of 92.1% in the area during that time. The predominant age group in Mulgrave is 10-19 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a managers occupation. In 2011, 74.9% of the homes in Mulgrave were owner-occupied compared with 75% in 2016.
Mulgrave has 358 properties. Over the last 5 years, Houses in Mulgrave have seen a 42.66% increase in median value. As at 31 October 2024:
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