Gross Waddell ICR is delighted to present to the market this flexible opportunity, superbly located within the Eley & Shaun Shopping Centre, in the sought after eastern suburb of Blackburn South which currently boasts a median house price of $1,330,000 (source: REIV).
Property highlights include:
Triple street frontage totalling 46m*
For Sale via Public Auction on Friday 27th October 2023 at 12pm on-site.
For further information or to organise a inspection please contact Andrew Greenway 0409 547 626 or Raff De Luise 0418 533 633 from Gross Waddell ICR.
*Approx.
The size of Blackburn South is approximately 3.6 square kilometres. It has 17 parks covering nearly 9.7% of total area. The population of Blackburn South in 2011 was 10,585 people. By 2016 the population was 10,797 showing a population growth of 2.0% in the area during that time. The predominant age group in Blackburn South is 40-49 years. Households in Blackburn South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn South work in a professional occupation. In 2011, 74.7% of the homes in Blackburn South were owner-occupied compared with 73% in 2016.
Blackburn South has 5,037 properties. Over the last 5 years, Houses in Blackburn South have seen a 26.28% increase in median value, while Units have seen a 11.21% increase. As at 31 July 2024:
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