SOLD
Sold on 09 May 2024 for $1,040,000

174 Churchill Avenue
Braybrook VIC 3019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 186m2
Sold By
Create Real Estate
Save

Property Details for 174 Churchill Ave, Braybrook

Building Type
Commercial
Land Size
186m2
Local Government
Maribyrnong
Lot/Plan
3/LP59135

Last Listing description (October 2024)

Located in busy Churchill Avenue shopping center, this fabulous opportunity presents a freehold property with a well-established coin laundry, and a 2 bedroom residence.

The well maintained residence comprises upstairs 2 bedrooms with BIRs and a central bathroom, down stairs is an open plan well-appointed kitchen meals and living area, a double garage and toilet, and a small court yard. Features include each bedroom and living areas having split system cooling and heating, kitchen island, stone bench tops, and fully tiled bathroom walls.

The commercial/retail area currently operating as a coin laundry includes 13 washing machines, 8 driers, 2 large store rooms, and toilet.

Situated in a busy local shopping center located in a high density residential area in Braybrook. The long established and popular coin laundry is showing a good income stream, and coupled with the residence if rented presents a significant double income investment opportunity, or live in the residence and have the coin laundry income.

Highly recommended, call Brenda Ngan on 0435152545 now for further details and to arrange an inspection.

Property History for 174 Churchill Ave, Braybrook, VIC 3019

A timeline of how this property has performed in the market
Last Sold
$1,040,000
09 May 2024
  • 09 May 2024
    Sold for $1,040,000
  • 02 Apr 2024
    Listed for Sale $950,000 - $1,040,000
  • 26 Aug 2022
    Listed for Sale $2,000,000
Sign in to see more transactions

Commute Calculator

About Braybrook 3019

The size of Braybrook is approximately 4.3 square kilometres. It has 12 parks covering nearly 10.5% of total area. The population of Braybrook in 2011 was 8,180 people. By 2016 the population was 9,187 showing a population growth of 12.3% in the area during that time. The predominant age group in Braybrook is 20-29 years. Households in Braybrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braybrook work in a labourer occupation. In 2011, 49.2% of the homes in Braybrook were owner-occupied compared with 46.2% in 2016.

Braybrook has 5,245 properties. Over the last 5 years, Houses in Braybrook have seen a 8.04% increase in median value, while Units have seen a 19.39% increase. As at 31 October 2024:

  • The median value for Houses in Braybrook is $795,401 while the median value for Units is $641,354.
  • Houses have a median rent of $530 while Units have a median rent of $528.
There are currently 49 properties listed for sale, and 14 properties listed for rent in Braybrook on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Braybrook.

Suburb Insights for Braybrook 3019

Market Insights
Braybrook Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Braybrook Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.