Record low interest rates make commercial investments even more attractive. With high exposure to busy Mair Street this office premises is a perfect fit option for your portfolio. The attractive faade leads into an office with quality fit out comprising reception, partitioned offices, general work area, meeting room, fantastic staff amenities and storage space. The office is air-conditioned, carpeted and there are two designated car parks at the rear. In such a prominent location close to The Bridge Mall and Big W this is a realistic opportunity to secure a long term investment.
The size of Bakery Hill is approximately 0.2 square kilometres. It has 2 parks. The population of Bakery Hill in 2011 was 174 people. By 2016 the population was 171 showing a population decline of 1.7% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation. In 2011, 45.1% of the homes in Bakery Hill were owner-occupied compared with 46.7% in 2016.
Bakery Hill has 320 properties. Over the last 5 years, Houses in Bakery Hill have seen a 21.39% increase in median value, while Units have seen a 46.19% increase. As at 31 October 2024:
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