OFF MARKET

5/238 Governor Road
Braeside VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 210m2
Land area: 216m2
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Last updated 30 Sep 2024
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Property Details for 5/238 Governor Rd, Braeside

5/238 Governor Rd, Braeside is a bedroom, bathroom Unit with 6 parking spaces. The property has a land size of 216m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Floor Size
210m2
Land Size
216m2
Local Government
Kingston
Lot/Plan
13/PS701566

Last Listing description (January 2018)

CVA Property Consultants are pleased to present this outstanding industrial investment ideally located in an established, high quality business park on Governor Road.
The lease details are as follows:
- Securely leased for two years and six months

- Great income of $26,000 p.a + GST and outgoings, due to increase to $27,300 in April 2018
- 3 months rent + GST bond
- 5% annual increases
The Property features:
- Total building area of 216m2*
- Modern tilt panel concrete warehouse
- Modern office/showroom component
- 3 Car spaces on title
- Air conditioning
- Established and well maintained business park
- Three phase power
For further information please contact CVA Property Consultants

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Property History for 5/238 Governor Rd, Braeside, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$516,000
16 Jan 2018
Listed for Rent
$517/w
01 Aug 2017
  • 16 Jan 2018
    Sold for $516,000
  • 23 Nov 2017
    Listed for Sale Not Disclosed
  • 14 Jun 2017
    Listed for Rent - Price not available
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About Braeside 3195

The size of Braeside is approximately 8.5 square kilometres. It has 6 parks covering nearly 44.2% of total area. The population of Braeside in 2011 was 10,186 people. By 2016 the population was 6 showing a population decline of 99.9% in the area during that time. The predominant age group in Braeside is 10-19 years. Households in Braeside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braeside work in a managers occupation. In 2011, 86.5% of the homes in Braeside were owner-occupied compared with 40% in 2016.

Braeside has 1,642 properties. Over the last 5 years, Houses in Braeside have seen a 30.25% increase in median value, while Units have seen a 21.46% increase. As at 30 September 2024:

  • The median value for Houses in Braeside is $1,515,607 while the median value for Units is $966,248.
There are currently 4 properties listed for sale, and 8 properties listed for rent in Braeside on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Braeside.

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