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Sold on 30 Nov 2023 - Price Unavailable

2/8-14 Motto Drive
Coolaroo VIC 3048

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 138m2
Land area: 138m2
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Property Details for 2/8-14 Motto Dr, Coolaroo

Building Type
Commercial
Floor Size
138m2
Land Size
138m2
Local Government
Hume
Lot/Plan
2/PS815546

Last Listing description (November 2023)

This retail property located at 2/8-14 Motto Drive Coolaroo is a fantastic investment opportunity. With a land area of 138 sqm, this property offers ample space for various retail ventures.

The price guide for this property is Expressions of Interest, with the closing date set for 8th of November at 5pm. This presents a unique opportunity for potential buyers to submit their offers and secure this prime retail space.

Situated in a convenient location, this property offers easy access to the city, making it an ideal choice for businesses looking to establish themselves in a bustling area. The presence of grass and plants adds a touch of greenery to the surroundings, creating a pleasant and inviting atmosphere.

Don't miss out on this exceptional retail property. Submit your expression of interest before the deadline and seize the opportunity to own a prime retail space in Coolaroo.

Property History for 2/8-14 Motto Dr, Coolaroo, VIC 3048

A timeline of how this property has performed in the market
Last Sold
30 Nov 2023
  • 27 Nov 2023
    Sold for $558,000
  • 17 Oct 2023
    Listed for Sale EOI Now Closing Mon 13/11
  • 27 Sep 2018
    Sold for $531,300

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About Coolaroo 3048

The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016.

Coolaroo has 1,762 properties. Over the last 5 years, Houses in Coolaroo have seen a 25.46% increase in median value, while Units have seen a 12.43% increase. As at 31 July 2024:

  • The median value for Houses in Coolaroo is $551,315 while the median value for Units is $431,036.
  • Houses have a median rent of $450.
There are currently 3 properties listed for sale, and no properties listed for rent in Coolaroo on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Coolaroo.

Suburb Insights for Coolaroo 3048

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Contact agent
David Carroll
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Aarryn Cooper
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Ray White Carrum Downs
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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.