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Sold on 07 Feb 2024 - Price Unavailable

297 Buckley Street
Aberfeldie VIC 3040

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 120m2
Land area: 230m2
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Property Details for 297 Buckley St, Aberfeldie

Building Type
Commercial
Floor Size
120m2
Land Size
230m2
Local Government
Moonee Valley
Lot/Plan
4/LP40730

Last Listing description (February 2024)

Positioned in thriving local shopping strip with main road exposure and easy rear access, this is an ideal opportunity offering the best of both worlds. You can enter into a new lease with the current tenant that has been operating their Thai restaurant here for over 20 years, or purchase with vacant possession.

• Lease expires Jan 2024.
• Option to enter into new lease or

purchase with vacant possession.
• Potential nett rent $35,000 -$40,000 p.a.
• Rear vehicle access to sizeable back yard.
• Room for extension STCA.
• Ample on street parking.

Property History for 297 Buckley St, Aberfeldie, VIC 3040

A timeline of how this property has performed in the market
Last Sold
07 Feb 2024
  • 12 Feb 2024
    Listed for Sale Price on Application
  • 23 Jan 2024
    Sold for $940,000
  • 19 Oct 2023
    Listed for Sale Price on Application
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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 1,997 properties. Over the last 5 years, Houses in Aberfeldie have seen a 32.70% increase in median value, while Units have seen a 6.79% increase. As at 31 October 2024:

  • The median value for Houses in Aberfeldie is $1,884,776 while the median value for Units is $660,983.
  • Houses have a median rent of $750 while Units have a median rent of $490.
There are currently 4 properties listed for sale, and 1 property listed for rent in Aberfeldie on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Aberfeldie.

Suburb Insights for Aberfeldie 3040

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Contact agent
Nicholas Gangemi
Show contact details
REAL ESTATE EDGE PTY
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.