This well established Video Ezy franchise that is situated in a high profile location next to Kuluin McDonalds proves to be a great investment opportunity not only with the great position and with ample on site parking but also with its well known trading name which has been in the industry for over 20 years. Lease term is 5 + 5 years at a net annual rent of $78,000 giving a yield of 7.9%.
The size of Kuluin is approximately 1.9 square kilometres. It has 9 parks covering nearly 11.4% of total area. The population of Kuluin in 2011 was 2,255 people. By 2016 the population was 2,366 showing a population growth of 4.9% in the area during that time. The predominant age group in Kuluin is 40-49 years. Households in Kuluin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kuluin work in a trades occupation. In 2011, 70.6% of the homes in Kuluin were owner-occupied compared with 72.4% in 2016.
Kuluin has 1,077 properties. Over the last 5 years, Houses in Kuluin have seen a 89.81% increase in median value, while Units have seen a 71.16% increase. As at 31 October 2024:
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