331 Peel Street NBlack Hill VIC 3350
Property Details for 331 Peel St N, Black Hill
331 Peel St N, Black Hill is a 5 bedroom, 1 bathroom House. The property has a land size of 615m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (October 2024)
Currently utilized as professional office space, this residentially zoned property has a wealth of future potential, with an array of possibilities.
Currently set up with 5 consulting rooms with a large reception area at the front of the home.
Boardroom to the left of the reception space offers it's own independent access via an external staircase.
You will notice the downstairs level of the property is depicted as a two bedroom self contained unit/home. This is currently classed as non-habitable space, but has the possibility to be re-instated with works completed.
Plenty of room around the property for on site parking.
A wonderful investment opportunity.
Potential of a two lot residential subdivision in future (STCA).
Explore the possibility of having your home/business on the one site STCA.
Contact Daniel Nestor or Celeste Giles to arrange our private inspection.
Property History for 331 Peel St N, Black Hill, VIC 3350
- 16 Jul 2024Listed for Sale $600,000 - $650,000
- 11 Feb 2021Sold for $590,000
- 17 Sep 2009Sold for $370,000
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About Black Hill 3350
The size of Black Hill is approximately 1.8 square kilometres. It has 7 parks covering nearly 32.3% of total area. The population of Black Hill in 2011 was 2,131 people. By 2016 the population was 2,118 showing a population decline of 0.6% in the area during that time. The predominant age group in Black Hill is 20-29 years. Households in Black Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Black Hill work in a professional occupation. In 2011, 62.6% of the homes in Black Hill were owner-occupied compared with 61.2% in 2016.
Black Hill has 1,149 properties. Over the last 5 years, Houses in Black Hill have seen a 26.60% increase in median value, while Units have seen a 27.93% increase. As at 31 October 2024:
- The median value for Houses in Black Hill is $605,294 while the median value for Units is $358,607.
- Houses have a median rent of $395 while Units have a median rent of $380.
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