Well located in the Junction Village; the Junction's neighbourhood retail strip. Within close proximity to The Junction Fair Shopping Centre and St. Joseph's Primary School. This property benefits from its' central location, great access to public transport and exposure to a high volume of foot traffic.
Well appointed retail space situated within the Junction Village shopping precinct with exposure to a high volume of foot traffic daily. Previously retailing high end women's wear.
Neighbouring tenants include a Newsagency, Australia Post, Subway, Kenricks Hair Salon, Blackburns Business and Financial Services and H & R Block Tax Accountants.
The size of The Junction is approximately 0.3 square kilometres. It has 1 park covering nearly 4.4% of total area. The population of The Junction in 2011 was 1,495 people. By 2016 the population was 1,048 showing a population decline of 29.9% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in The Junction work in a professional occupation. In 2011, 50.1% of the homes in The Junction were owner-occupied compared with 57.9% in 2016.
The Junction has 715 properties. Over the last 5 years, Houses in The Junction have seen a 70.21% increase in median value, while Units have seen a 52.02% increase. As at 31 October 2024:
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