37/93 Wells RoadChelsea Heights VIC 3196
Property Details for 37/93 Wells Rd, Chelsea Heights
37/93 Wells Rd, Chelsea Heights is a 0 bedroom, 0 bathroom Unit. The property has a land size of 26599m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
Located in the "Benchmark Corporate Centre" which is located on Wells Road. The Corporate Centre offers lift access, male and female amenities, lunchroom and board room (Booked on request).
Suite 37 has a total building size of 70sqm* which is divided into two tenancies with a total rental return of $23,791 p.a. + GST (Includes outgoings except power usage).
Suite 37A (33sqm*) returning: $11,431 p.a. + GST (gross lease) lease expiry 31/07/2024
This property provides a perfect opportunity for a 1st time investor or someone looking for a high yield low-cost investment.
Inspections by appointment only.
For further information or to arrange an inspection, please contact:
James Dodge 0488 586 896
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
Property History for 37/93 Wells Rd, Chelsea Heights, VIC 3196
- 06 Oct 2022Sold for $310,000
- 29 Jul 2022Listed for Sale $320,000
- 19 Aug 2019Listed for Sale $250,000
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About Chelsea Heights 3196
The size of Chelsea Heights is approximately 3.1 square kilometres. It has 8 parks covering nearly 21% of total area. The population of Chelsea Heights in 2011 was 5,185 people. By 2016 the population was 5,339 showing a population growth of 3.0% in the area during that time. The predominant age group in Chelsea Heights is 40-49 years. Households in Chelsea Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chelsea Heights work in a professional occupation. In 2011, 78.8% of the homes in Chelsea Heights were owner-occupied compared with 82.7% in 2016.
Chelsea Heights has 2,556 properties. Over the last 5 years, Houses in Chelsea Heights have seen a 9.35% increase in median value, while Units have seen a 13.04% increase. As at 31 December 2024:
- The median value for Houses in Chelsea Heights is $904,681 while the median value for Units is $725,419.
- Houses have a median rent of $675 while Units have a median rent of $580.
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