SOLD
Sold on 18 Oct 2023 for $1,250,000

42 Grantham Street
Brunswick West VIC 3055

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 444m2
Sold By
Paul Evans
Miles Real Estate
Tim Mitchell
Miles Real Estate
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Property Details for 42 Grantham St, Brunswick West

Building Type
Commercial
Land Size
444m2
Local Government
Merri-Bek
Lot/Plan
1/TP402562

Last Listing description (October 2023)

SOLD By Miles Real Estate.
This large inner-city retail space has many options for the discerning buyer. Located just 7 kilometres north of the Melbourne CBD and in a very vibrant residential and commercial precinct. Surrounded by other successful retailers and including big name supermarkets, this property presents very well as a specialty supermarket and delicatessen with dining facilities, both indoor and outdoors. There is roller door access from a right-of-way and good height throughout.
- Building area: 360 sqm (approx.)

- Land area: 444 sqm (approx.)
- Zoned Commercial 1
- Sold subject to an over-holding tenancy paying $55,000 per annum plus GST and outgoings
- Busy retail hub

Terms: 10% Deposit Balance 60/90 Days
For further details or to inspect contact:

Tim Mitchell 0417 339 986
Paul Evans 0408 144 181

Property History for 42 Grantham St, Brunswick West, VIC 3055

A timeline of how this property has performed in the market
Last Sold
$1,250,000
18 Oct 2023
  • 18 Oct 2023
    Sold for $1,250,000
  • 11 Sep 2023
    Listed for Sale Price Confidential
  • 10 Apr 1978
    Sold for $60,000
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About Brunswick West 3055

The size of Brunswick West is approximately 3.2 square kilometres. It has 17 parks covering nearly 5.4% of total area. The population of Brunswick West in 2011 was 13,148 people. By 2016 the population was 14,162 showing a population growth of 7.7% in the area during that time. The predominant age group in Brunswick West is 20-29 years. Households in Brunswick West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick West work in a professional occupation. In 2011, 51.5% of the homes in Brunswick West were owner-occupied compared with 49% in 2016.

Brunswick West has 9,547 properties. Over the last 5 years, Houses in Brunswick West have seen a 36.10% increase in median value, while Units have seen a 5.41% increase. As at 31 July 2024:

  • The median value for Houses in Brunswick West is $1,380,330 while the median value for Units is $515,976.
  • Houses have a median rent of $700 while Units have a median rent of $460.
There are currently 36 properties listed for sale, and 27 properties listed for rent in Brunswick west on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Brunswick west.

Suburb Insights for Brunswick West 3055

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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.