OFF MARKET

1-7 Market Place
Cape Paterson VIC 3995

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 719m2
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Last updated 14 Oct 2024
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Property Details for 1-7 Market Pl, Cape Paterson

1-7 Market Pl, Cape Paterson is a 1 bedroom, 1 bathroom House. The property has a land size of 719m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Land Size
719m2
Local Government
Bass Coast
Lot/Plan
PC356854

Last Listing description (May 2024)

- Blue chip investment
- Fantastic tenant and thriving business!
- 5 year x 5 year x 5 year lease remaining

- Rent $99,072 P/A including GST
- Rare opportunity
- Ample car parking
- Land component = 4 titles, 717 sqm
- Foreshore location
- Purpose built with the ability of constructing a second level

For full documentation please contact Danny Crellin - 0409 167 690 or Ray White Wonthaggi - 5672 1833
Expressions of interest close Thursday 5th October 2023 at 4pm.

Property History for 1-7 Market Pl, Cape Paterson, VIC 3995

A timeline of how this property has performed in the market
Last Sold
$2,200,000
06 Oct 2023
  • 06 Oct 2023
    Sold for $2,200,000
  • 04 Sep 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 21 Nov 2015
    Listed for Sale $39,000
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About Cape Paterson 3995

The size of Cape Paterson is approximately 16.1 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Cape Paterson in 2011 was 718 people. By 2016 the population was 892 showing a population growth of 24.2% in the area during that time. The predominant age group in Cape Paterson is 60-69 years. Households in Cape Paterson are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cape Paterson work in a professional occupation. In 2011, 68.1% of the homes in Cape Paterson were owner-occupied compared with 68.6% in 2016.

Cape Paterson has 1,499 properties. Over the last 5 years, Houses in Cape Paterson have seen a 45.54% increase in median value, while Units have seen a 45.42% increase. As at 30 September 2024:

  • The median value for Houses in Cape Paterson is $739,283 while the median value for Units is $586,322.
  • Houses have a median rent of $480 while Units have a median rent of $305.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Cape paterson on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Cape paterson.

Suburb Insights for Cape Paterson 3995

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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.