1032 Dandenong RoadCarnegie VIC 3163
Property Details for 1032 Dandenong Rd, Carnegie
Last Listing description (November 2023)
Stonebridge Property Group is pleased to present for sale 1032 Dandenong Road, Carnegie.
The key highlights of the opportunity include:
- Fixed annual rental increase of 3%, with a 5% fixed review on further term
- New 5-year lease with an experienced operator (15 years of experience) which commenced in 1 April 2023 with 2 x 5 year options
- Commercial 1 Zone landholding of 443 sqm* providing for a range of future development potential options
- 750 sqm* state of the art facility with rooms and all finishes to a CBD Karaoke and Pool Hall standard, costing the tenant $1,300,000
- Karaoke rooms within the venue include: Standard x 3, Premium x 2, Premium XL and VIP
- The architecturally designed interiors, via the tenant's extensive fit out, create an in-demand experience for patrons across Melbourne's inner south east
- Rare late night liquor licence to 5:00am with a maximum capacity of 250 patrons
- Situated on the bustling Dandenong Road with over 60,000* cars passing daily, and plenty of parking available
- In close proximity to Monash University's Caulfield campus (850 m*), Carnegie train station (650 m*), and accessible bus stops within walking distance
- Only entertainment hub in the south east with pool, karaoke and bar all in one
1032 Dandenong Road, Carnegie is for sale via Public On-site Auction Friday 8th December 2023 at 10:30am (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Nic Hage
0448 782 594
Shawn Luo
0412 338 918
Chao Zhang
0411 625 068
*Approximately
Property Code: 807
Property History for 1032 Dandenong Rd, Carnegie, VIC 3163
- 25 Nov 2023Sold for $3,200,000
- 03 Nov 2023Listed for Sale AUCTION
- 03 Dec 2019Sold for $2,800,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/35luduo37ei6zgv4lfqd6a53na?signature=0fa1cd040f4c284d800c8a0fccd0309834d6f3f0e80209fd4c4eae597aa941bd){kind=logo}
0/assets/perm/n7z2aoideii6vm2c4xxmt46uue?signature=5cb18f8988c3aa8954e7aa39d272901b9deff233ca427eac55b543325b6422e1){kind=logo}
0/assets/perm/qiqcii4admi63ocygxdpkot3tq?signature=1161168889b4ca63b338cd64318ad565a989d114f2c102b7575b54596274a4c3){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Carnegie 3163
The size of Carnegie is approximately 3.7 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Carnegie in 2011 was 16,299 people. By 2016 the population was 17,399 showing a population growth of 6.7% in the area during that time. The predominant age group in Carnegie is 20-29 years. Households in Carnegie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation. In 2011, 55.8% of the homes in Carnegie were owner-occupied compared with 52.4% in 2016.
Carnegie has 11,752 properties. Over the last 5 years, Houses in Carnegie have seen a 12.57% increase in median value, while Units have seen a -2.72% decrease. As at 31 October 2024:
- The median value for Houses in Carnegie is $1,591,202 while the median value for Units is $610,607.
- Houses have a median rent of $728 while Units have a median rent of $530.
Suburb Insights for Carnegie 3163
Market Insights
Carnegie Trends for Houses
N/A
N/A
View TrendN/A
N/A
Carnegie Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
