38 Rutland RoadBox Hill VIC 3128
Property Details for 38 Rutland Rd, Box Hill
38 Rutland Rd, Box Hill is a 1 bedroom, 1 bathroom House with 9 parking spaces. The property has a land size of 454m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (August 2018)
This double-storey commercial building located in the heart of Box Hill, with 15 meters street frontage (equivalent to 4 normal shop frontage). Zoned in Commercial 01. With an Asian grocery shop downstairs and office upstairs, it suits investors who are looking for a premium location close to restaurants, Box Hill Central, market, college, hospital, train, tram and bus.
Key attributes of this outstanding property includes:
-A prime 453 sqm land
-Commercial 1 zoning
-Current lease Asian Grocery rent $132,000/a
-Potential Leasing chance for office upstairs, estimating $56,000/a-$65,000/a.
Property History for 38 Rutland Rd, Box Hill, VIC 3128
- 02 Jul 2018Sold for $4,100,000
- 07 Feb 2018Listed for Sale Not Disclosed
- 27 Mar 2017Listed for Sale Not Disclosed
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0About Box Hill 3128
The size of Box Hill is approximately 3.5 square kilometres. It has 18 parks covering nearly 14.2% of total area. The population of Box Hill in 2011 was 9,671 people. By 2016 the population was 11,416 showing a population growth of 18.0% in the area during that time. The predominant age group in Box Hill is 20-29 years. Households in Box Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a professional occupation. In 2011, 46.5% of the homes in Box Hill were owner-occupied compared with 39.4% in 2016.
Box Hill has 11,477 properties. Over the last 5 years, Houses in Box Hill have seen a 5.92% increase in median value, while Units have seen a -4.45% decrease. As at 31 October 2024:
- The median value for Houses in Box Hill is $1,599,974 while the median value for Units is $502,414.
- Houses have a median rent of $590 while Units have a median rent of $550.
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