SOLD
Sold on 18 Apr 2024 for $1,012,000

14 Yertchuk Avenue
Ashwood VIC 3147

Bedrooms: 3
Bathrooms: -
Car spaces: 2
Land area: 192m2
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Property Details for 14 Yertchuk Ave, Ashwood

Building Type
Commercial
Land Size
192m2
Local Government
Monash
Lot/Plan
1/TP193884

Last Listing description (November 2023)

** AUCTION - FRIDAY 8TH DECEMBER 2023 AT 12:00 PM ONSITE **

Belle Property Commercial is pleased to offer 14 Yertchuk Avenue, Ashwood for sale by public auction on Friday 8th December 2023 at 12:00 pm onsite.

This charming property is a perfect blend of residential and commercial. With the renovated residence housing 3 spacious bedrooms, 2 modern bathrooms, and 2 car spaces, it offers ample room for a growing family and savvy investors alike. The residential portion is currently leased and is achieving $36,240 per annum.

The building is situated on 192 sqm* of land, providing a generous outdoor space for children to play or for hosting family gatherings.

The newly renovated shopfront presents extremely well and is an excellent opportunity to occupy your business or offer for lease to provide further income.

Located in the heart of Ashwood, this property is in close proximity to top-rated schools such as Parkhill Primary School and Essex Heights Primary School, along with numerous educational institutions including the recently upgraded Ashwood College, Kingswood College, PLC, Box Hill TAFE and Deakin University.

Key Features:
- Outstanding ground floor retail/office
- Residential Area: 140sqm* with 3 spacious bedrooms and 2 modern bathrooms
- Commercial Area: 62sqm*
- Total Building Area: 202sqm*
- Two (2) car spaces
- Potential Combined Income: $60,000 per annum
- Located close to High Street Ashburton and Chadstone Shopping Centre

Open for Inspection:
Thursday 16th November 12:30 pm - 1:00 pm
Thursday 23rd November 12:30 pm - 1:00 pm
Tuesday 28th November 12:30 pm - 1:00 pm

For more information please contact the sales and marketing agents:

Daniel Roccisano 0428 839 789
daniel.roccisano@belleproperty.com

Charles Carty 0438 277 050
charles.carty@belleproperty.com

*Approx.

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Property History for 14 Yertchuk Ave, Ashwood, VIC 3147

A timeline of how this property has performed in the market
Last Sold
$1,012,000
18 Apr 2024
Listed for Rent
$695/w
23 Jun 2023
  • 18 Apr 2024
    Sold for $1,012,000
  • 03 Nov 2023
    Listed for Sale Contact Agent
  • 26 Apr 2023
    Listed for Rent $695 / week
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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.
There are currently 6 properties listed for sale, and 9 properties listed for rent in Ashwood on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Ashwood.

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