SOLD
Sold on 21 Sep 2023 for $1,700,000

460 Church Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 186m2
Sold By
Jonathon Mccormack
Gorman Commercial
Tom Maule
Gorman Commercial
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Property Details for 460 Church St, Cremorne

Building Type
Commercial
Land Size
186m2
Local Government
Yarra
Lot/Plan
1/TP83071

Last Listing description (November 2023)

- Solid double storey building.
- Thai Restaurant business.

- High Foot Traffic.
- Situated next to East Richmond Station and tram stops
- Short distance to CBD
- Lease: 3 years plus 3 years and rent $66,170 p.a. Extension Potential (STCA).
- Floor area : 130 sqm approx.
- Land size : 186 sqm approx
- Private Car Park at the back, can park up to 4 car
- Rear access to public car parks


Property History for 460 Church St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,700,000
21 Sep 2023
  • 21 Sep 2023
    Sold for $1,700,000
  • 21 Aug 2023
    Listed for Sale Contact Agent
  • 04 Feb 2020
    Sold for $1,750,000
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About Cremorne 3121

The size of Cremorne is approximately 0.7 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Cremorne in 2011 was 1,564 people. By 2016 the population was 2,040 showing a population growth of 30.4% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation. In 2011, 50.4% of the homes in Cremorne were owner-occupied compared with 48.9% in 2016.

Cremorne has 2,226 properties. Over the last 5 years, Houses in Cremorne have seen a 9.47% increase in median value, while Units have seen a 7.88% increase. As at 31 July 2024:

  • The median value for Houses in Cremorne is $1,358,328 while the median value for Units is $730,489.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 3121

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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.