4/27-33 Woods StreetBeaconsfield VIC 3807
Property Details for 4/27-33 Woods St, Beaconsfield
Last Listing description (July 2023)
Facey Property is proud to offer this property for sale. Best-suited for the astute investor, this property has a long-standing accounting firm tenant of 15 years. Likely return circa 6%, with an annual return of $53,200pa after a recent CPI review. Tenant has just agreed to extend lease until September 2025 with on-going reviews to 4% annually.
Formerly a popular restaurant, this property is now the ideal office space with a building area of 187m and a generous number of parking spaces. With the complex undergoing rejuvenation and refitting, this particular property offers future flexibility. A few minor design layout changes and modifications could quickly & easily transform this property, leading to further capital gains.
Beaconsfield is a popular and emerging suburb that offers the perfect blend of country and city lifestyle amongst the backdrop of the rolling hills. This south-westerly positioned property takes in the serene views of the recently earmarked Cardinia Creek. In their draft plan, the Victorian State Government has implemented improvement and beautification works, including walking tracks and park areas and enhancing the local area.
Enquire at www.faceyproperty.com.au to make your next move.
Property History for 4/27-33 Woods St, Beaconsfield, VIC 3807
- 24 Jun 2024Sold for $799,650
- 10 May 2022Listed for Sale $850,000
- 23 Mar 2001Sold for $190,000
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About Beaconsfield 3807
The size of Beaconsfield is approximately 11.1 square kilometres. It has 17 parks covering nearly 5.3% of total area. The population of Beaconsfield in 2011 was 6,412 people. By 2016 the population was 6,713 showing a population growth of 4.7% in the area during that time. The predominant age group in Beaconsfield is 40-49 years. Households in Beaconsfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beaconsfield work in a professional occupation. In 2011, 82.8% of the homes in Beaconsfield were owner-occupied compared with 82.5% in 2016.
Beaconsfield has 3,287 properties. Over the last 5 years, Houses in Beaconsfield have seen a 41.26% increase in median value, while Units have seen a 28.30% increase. As at 31 August 2024:
- The median value for Houses in Beaconsfield is $1,036,327 while the median value for Units is $576,507.
- Houses have a median rent of $590 while Units have a median rent of $450.
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