Prime Free Hold Location in Montville is offered for the First time 21 years.
Great value and excellent opportunity like this, is rare and not to be missed.
Here you have 764m2 of which approx 75m2 (including the building) is currently leased providing an excellent holding income while you develop the rest of the block or just sit back and collect.
The size of Montville is approximately 17.7 square kilometres. It has 10 parks covering nearly 15.7% of total area. The population of Montville in 2011 was 886 people. By 2016 the population was 949 showing a population growth of 7.1% in the area during that time. The predominant age group in Montville is 60-69 years. Households in Montville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montville work in a professional occupation. In 2011, 79.5% of the homes in Montville were owner-occupied compared with 80% in 2016.
Montville has 700 properties. Over the last 5 years, Houses in Montville have seen a 88.76% increase in median value, while Units have seen a 53.33% increase. As at 31 October 2024:
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