11 Royton StreetBurwood East VIC 3151
Property Details for 11 Royton St, Burwood East
Last Listing description (November 2023)
Gross Waddell ICR is delighted to offer to the market for sale via on-site Auction this well-presented retail / commercial opportunity located within the sought-after eastern suburbs and well suited to a host of end uses (STCA)
Part 2 level office / retail of 137sqm* with extensive commercial fitout
Land Area of 204sqm* with 6.7 metre* frontage to Royton Street
On-site car parking for up to 4 cars at rear via R.O.W.
Situated within the Royton Street Neighbourhood Shopping Strip close to both tram and bus networks
Commercial 1 (C1Z) Zoning
Offered with Vacant Possession
For Sale via Public Auction on Friday 8th December 2023 at 12pm on-site.
For further information or to organise a inspection please contact Andrew Greenway 0409 547 626 or Glenn Ye 0400 880 388 from Gross Waddell ICR.
*Approx.
Property History for 11 Royton St, Burwood East, VIC 3151
- 08 Dec 2023Sold for $690,000
- 10 Nov 2023Listed for Sale Contact Agent
- 15 May 1981Sold for $16,000
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About Burwood East 3151
The size of Burwood East is approximately 4.3 square kilometres. It has 20 parks covering nearly 10.5% of total area. The population of Burwood East in 2011 was 10,141 people. By 2016 the population was 10,269 showing a population growth of 1.3% in the area during that time. The predominant age group in Burwood East is 20-29 years. Households in Burwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood East work in a professional occupation. In 2011, 74.9% of the homes in Burwood East were owner-occupied compared with 71.2% in 2016.
Burwood East has 5,932 properties. Over the last 5 years, Houses in Burwood East have seen a 16.82% increase in median value, while Units have seen a 25.56% increase. As at 31 August 2024:
- The median value for Houses in Burwood East is $1,201,575 while the median value for Units is $880,032.
- Houses have a median rent of $610 while Units have a median rent of $628.
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