275 Buckley StreetAberfeldie VIC 3040
Property Details for 275 Buckley St, Aberfeldie
Last Listing description (June 2022)
Stonebridge Property Group is pleased to present for sale 275 Buckley Street, Aberfeldie.
- Tenanted through a vendor favoured 10-year net lease to Re-Creation Health Clubs, an established operator with over 15 years' experience servicing the Aberfeldie/Essendon community
- Re-Creation boast a successful state-wide network of 6 Health Clubs, located throughout Sorrento, Brighton East, Burwood East, Essendon, Hampton & Keysborough
- Providing annual income of $250,000* + GST + Outgoings
- Fixed 3.0% annual rental increases ensure guaranteed income growth over the term of the lease
- Favourably zoned 931 sqm* of underlying land allows significant future development potential, supported by 4 storey height precedent, wide 21 m* retail frontage & rear access
- The significant 1,268 sqm* building is 100% leased by Re-Creation, includes a two level fully equipped gym, cardio theatre, salt room, change rooms, 2 x group fitness studios and rear warehouse/storage space
- Located in the affluent and sought-after suburb of Aberfeldie, 7.5 km* northeast of the Melbourne CBD and 6.5 km* from Melbourne's International Airport (Tullamarine Airport)
- With a median house price of $1,717,500^, Aberfeldie is regarded the most expensive suburb in the City of Moonee Valley, above the likes of Essendon & Ascot Vale
*Approximately
^Source: REIV
The auction of 275 Buckley Street, Aberfeldie has been postponed to 2022. To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:
Rorey James
0439 400 081
Nic Hage
0448 782 594
Chao Zhang
0411 625 068
Property Code: 326
Property History for 275 Buckley St, Aberfeldie, VIC 3040
- 23 Jun 2022Sold for $2,850,000
- 15 Oct 2021Listed for Sale Contact Agent
- 26 May 2017Listed for Sale Price Range $1,065,000 to $1,150,000
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About Aberfeldie 3040
The size of Aberfeldie is approximately 1.6 square kilometres. It has 5 parks covering nearly 18.2% of total area. The population of Aberfeldie in 2011 was 3,621 people. By 2016 the population was 3,891 showing a population growth of 7.5% in the area during that time. The predominant age group in Aberfeldie is 40-49 years. Households in Aberfeldie are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Aberfeldie work in a professional occupation. In 2011, 73.6% of the homes in Aberfeldie were owner-occupied compared with 75.3% in 2016.
Aberfeldie has 2,005 properties. Over the last 5 years, Houses in Aberfeldie have seen a 28.24% increase in median value, while Units have seen a 10.40% increase. As at 30 November 2024:
- The median value for Houses in Aberfeldie is $1,920,673 while the median value for Units is $702,050.
- Houses have a median rent of $750 while Units have a median rent of $525.
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