Key Highlights:
- Circa $1.0M refurbishment for building to be completed in 2022
- Tenancy area of 486m*
New Upgrades:
- New Kone Electric Monospace Lift
- Replacement of air conditioning with new Daikin units
- Full refurbishment of entry forecourt including replacement of all floor tiles
- Full external repaint
- Full internal repaint
- Prominent new building signage
- New internal common area floor coverings
- Reinvigorate all landscaping
- New basement car park lighting
- New tenancies to have new ceilings and lighting throughout
For further information or to arrange an inspection, please contact Aaron Power or Shaun McLaren at Colliers.
*Approx.
^Outlines / markups indicative only
The size of Hyde Park is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.3% of total area. The population of Hyde Park in 2011 was 1,425 people. By 2016 the population was 1,374 showing a population decline of 3.6% in the area during that time. The predominant age group in Hyde Park is 30-39 years. Households in Hyde Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation. In 2011, 47.9% of the homes in Hyde Park were owner-occupied compared with 49.3% in 2016.
Hyde Park has 933 properties. Over the last 5 years, Houses in Hyde Park have seen a 61.34% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:
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