8/1-3 Universal WayCranbourne West VIC 3977
Property Details for 8/1-3 Universal Way, Cranbourne West
Last Listing description (June 2024)
Building area 220m2 approx
Commercial 1 Zone
Nearby Tenants 7/Eleven/Childcare centre /Taco Bill/F45 Fitness
Currently Leased to Pharmacy on 5x5x5 Lease from July 2017
Rental $52,167 pa with 3 % annual reviews
Surrounded by a large Residential and Commercial catchment area, with further estates to be developed nearby
Vibrant Retail Complex always been fully Leased
Easy access to Monash Freeway and Eastlink
Property History for 8/1-3 Universal Way, Cranbourne West, VIC 3977
- 26 Mar 2024Sold for $870,000
- 03 Oct 2023Listed for Sale $880,000 - $930,000
- 09 Oct 2021Listed for Sale $1,200,000
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About Cranbourne West 3977
The size of Cranbourne West is approximately 11.8 square kilometres. It has 23 parks covering nearly 10.1% of total area. The population of Cranbourne West in 2011 was 8,743 people. By 2016 the population was 15,046 showing a population growth of 72.1% in the area during that time. The predominant age group in Cranbourne West is 30-39 years. Households in Cranbourne West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne West work in a trades occupation. In 2011, 72.3% of the homes in Cranbourne West were owner-occupied compared with 76% in 2016.
Cranbourne West has 8,968 properties.
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