SOLD
Sold on 21 Dec 2023 for $500,000

4/472 Boundary Road
Derrimut VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 113m2
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Property Details for 4/472 Boundary Rd, Derrimut

Building Type
Commercial
Land Size
113m2
Local Government
Brimbank
Lot/Plan
4/PS846865

Last Listing description (March 2024)

LJ Hooker Altona North are pleased to offer For Sale this recently constructed warehouse located in the popular Foxley Lodge Business Park. Architecturally designed, it is perfectly positioned on the very busy Boundary Road, offering great access to Robinsons Road and Mt Derrimut Road and providing exceptional logistical access to the West Gate Freeway, Western Freeway, M80 Ring Road and Deer Park Bypass.
Ideally suited for any trades-person/handyman or any company looking for extra storage or showroom.

Would also make for an excllent investment with a potential rental return of $460/week/

Details:
- 113m2 of warehouse floor area
- Container height roller door
- Clear span warehouse
- Toilet/disabled friendly
- Kitchenette wet area
- Modern design
- 2 car on site parking
- Zoning Industrial 2

If you would like to learn more about this property or arrange an inspection, please feel free to contact Tassie El-Hassan on 0425847731 today!

Disclaimer:
The information contained in the material LJ Hooker has supplied (the "information") is for general information purposes only. LJ Hooker assume no responsibility for errors, representations, or omissions in the contents of the information. In no event shall LJ Hooker be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. LJ Hooker reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.

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Property History for 4/472 Boundary Rd, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Dec 2023
Listed for Rent
$460/w
01 Nov 2023
  • 21 Dec 2023
    Sold for $500,000
  • 01 Dec 2023
    Listed for Sale $495,000 - $530,000
  • 12 Oct 2023
    Listed for Rent $460 / week
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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. It has 15 parks covering nearly 15.8% of total area. The population of Derrimut in 2011 was 5,991 people. By 2016 the population was 8,268 showing a population growth of 38.0% in the area during that time. The predominant age group in Derrimut is 30-39 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation. In 2011, 77.3% of the homes in Derrimut were owner-occupied compared with 75.9% in 2016.

Derrimut has 3,623 properties. Over the last 5 years, Houses in Derrimut have seen a 20.61% increase in median value, while Units have seen a -5.44% decrease. As at 31 August 2024:

  • The median value for Houses in Derrimut is $771,832 while the median value for Units is $492,106.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Derrimut on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Derrimut.

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