1/1 Cleveland RoadAshwood VIC 3147
Property Details for 1/1 Cleveland Rd, Ashwood
1/1 Cleveland Rd, Ashwood is a bedroom, bathroom Unit. The property has a land size of 295m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Last Listing description (March 2015)
BOTTLE SHOP WITH LONG TERM TENANT - AN INVESTMENT WORTH CELEBRATING
- Total land area of 447m2 approx.
- Building area 200m2 approx.
- Current lease 2 years and 1 Month (commenced 01/04/2013)
- Further terms 3 further terms of three years
- Potential for further income ( use of your choice STCA) on the 247m2 approx adjacent land facing High Street Road.
- Zoned Commercial 1 Zone
The Arch shaped single storey building known as the wine barrel is situated prominently on the corner of High street and Cleveland Road Ashwood, said to be the most outstanding and original structure in Ashwood, constructed in the 1950?s. It gives you a unique opportunity to purchase as an investment initially and then utilize the extra land in the future to maximize on your investment. The building was built using a fairly traditional foundation, with a perfectly formed concrete arch forming creating the exterior of the building. As you might expect the building is a landmark of the area which makes it a unique property in the area and a great investment for any astute investor.
George Kelepouris 0425 798 677
Paul Rizzo 0418 688 888
Property History for 1/1 Cleveland Rd, Ashwood, VIC 3147
- 05 Jun 2015Sold for $640,000
- 06 May 2014Listed for Sale PRICE UPON APPLICATION
- 22 Aug 2008Listed for Sale 1000000
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About Ashwood 3147
The size of Ashwood is approximately 2.6 square kilometres. It has 11 parks covering nearly 12.8% of total area. The population of Ashwood in 2011 was 6,061 people. By 2016 the population was 6,879 showing a population growth of 13.5% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation. In 2011, 65.9% of the homes in Ashwood were owner-occupied compared with 59.4% in 2016.
Ashwood has 3,693 properties. Over the last 5 years, Houses in Ashwood have seen a 20.57% increase in median value, while Units have seen a 19.76% increase. As at 31 October 2024:
- The median value for Houses in Ashwood is $1,431,806 while the median value for Units is $1,003,989.
- Houses have a median rent of $660 while Units have a median rent of $630.
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