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Sold on 04 Apr 2024 - Price Unavailable

12/41 Merri Concourse
Campbellfield VIC 3061

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 170m2
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Property Details for 12/41 Merri Con, Campbellfield

Building Type
Commercial
Floor Size
170m2
Local Government
Hume
Lot/Plan
12/PS808831

Last Listing description (April 2024)

Invest or Occupy

This modern factory in the heart of Campbellfield boasts a prime location near major roads, offering convenience and accessibility.

With a lease in place, it presents an immediate income opportunity at $1430pcm including GST.

Additional features include a bonus second-storey office/storage space of 20m2 and ample ground floor area totaling 150m2 approx., resulting in a generous total building size of 170m2 approx.

Plus, benefit from flexible settlement options and the advantage of 3 phase power, making it an attractive investment or operational asset.

Property Size: 170m2 approx.
Deposit: 10% of the purchase price
Settlement preference: 30/60/90 days
Rental assessment: currently leased at $1300+GST ($1430) pcm

Property History for 12/41 Merri Con, Campbellfield, VIC 3061

A timeline of how this property has performed in the market
Last Sold
04 Apr 2024
  • 27 Mar 2024
    Sold for $475,000
  • 08 Mar 2024
    Listed for Sale $450,000 - $490,000
  • 27 Apr 2018
    Sold for $258,500

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About Campbellfield 3061

The size of Campbellfield is approximately 12.3 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Campbellfield in 2011 was 5,466 people. By 2016 the population was 5,053 showing a population decline of 7.6% in the area during that time. The predominant age group in Campbellfield is 20-29 years. Households in Campbellfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Campbellfield work in a trades occupation. In 2011, 69.4% of the homes in Campbellfield were owner-occupied compared with 70.1% in 2016.

Campbellfield has 5,539 properties. Over the last 5 years, Houses in Campbellfield have seen a 6.97% increase in median value, while Units have seen a 1.66% increase. As at 31 October 2024:

  • The median value for Houses in Campbellfield is $544,572 while the median value for Units is $404,778.
  • Houses have a median rent of $515 while Units have a median rent of $390.
There are currently 16 properties listed for sale, and 13 properties listed for rent in Campbellfield on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Campbellfield.

Suburb Insights for Campbellfield 3061

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Joe Torzillo
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Ray White Bundoora
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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.