2A Main StreetBlackburn VIC 3130
Property Details for 2a Main St, Blackburn
Last Listing description (November 2023)
For Sale via Public Auction on Wednesday 6th December at 12pm onsite.
POINT OF INTEREST:
A leased retail asset with exposure hinted in the address, this Blackburn prize is a clever entry-level investment or portfolio addition. Leased to Bloom Hair Pty Ltd but trading as HALO good hair day, the salon has renewed its 3-year agreement at a rate of $22,000 per annum plus GST and outgoings. And fair enough; the 53 sqm* building is perfectly positioned in Blackburns centre, almost on the corner of South Parade and seconds away from the Railway Station and therefore the commuting traffic. Theres a kitchenette, amenities, heating and cooling, and plenty of communal and street parking available too. Sandwiched between two highly-rated eateries, your Main road frontage is as valuable as your distance to major arterials like Whitehorse Road, Springvale Road, and Canterbury Road.
- Leased to Bloom Hair Pty Ltd T/A HALO. good hair day
- Recently renewed 3 year lease from 1st December 2023
- $22,000 p.a + GST + outgoings from 1st December 2023
- Established hair salon with a 5 star google rating
- First time offered in 34 years
- 53 sqm* total building area
- 200 m* to Blackburn Railway Station
- 300 m* to Whitehorse Road
POINT OF VIEW:
Windows of opportunity into the commercial market are few and far between, making this Blackburn shopfront your key to opening more doors.
*Approx.
Pricing excludes GST
Property History for 2a Main St, Blackburn, VIC 3130
- 06 Dec 2023Sold for $450,000
- 03 Nov 2023Listed for Sale Contact Agent
- 29 Jul 1989Sold for $227,000
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About Blackburn 3130
The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016.
Blackburn has 8,426 properties. Over the last 5 years, Houses in Blackburn have seen a 8.85% increase in median value, while Units have seen a 10.98% increase. As at 31 October 2024:
- The median value for Houses in Blackburn is $1,560,260 while the median value for Units is $775,417.
- Houses have a median rent of $650 while Units have a median rent of $520.
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