OFF MARKET

36-38 Woods Street
Donald VIC 3480

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 519m2
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Property Details for 36-38 Woods St, Donald

36-38 Woods St, Donald is a 1 bedroom, 1 bathroom House. The property has a land size of 519m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Land Size
519m2
Local Government
Buloke
Lot/Plan
1/TP409718

Last Listing description (May 2018)

These commercial offices in the regional township of Donald are earning well above term deposit rates and above many other current investments.
Returning 8.13% based on the full asking price of the property you are receiving a decent income from your hard earned savings. All outgoings on the property are paid for by the tenant, therefore 8.13% is what you get.
The vendors are also willing to negotiate which will enhance your rental return.

The tenants, an accountancy firm (open 5 days a week), have been leaseholders since 2009 and are in the middle of the second 5 year option with a further 5 year option available on the current lease.
The brick veneer and cement block premises is located in a prime position on the main street of Donald, Woods Street.
The layout consists of a reception/waiting room area, 5 offices of varying sizes, a photocopier room, document room with locked fire door etc., tea room area and male and female toilets. There are 7 x split system a/c's placed throughout the building.
At the rear of the building there is ample space for parking.
Call Rob on 0467 044484 to discuss the opportunity to maximise your savings with this solid investment property.
Please note - this is a commercial property and their is neither a bedroom or bathroom in these premises.

Property History for 36-38 Woods St, Donald, VIC 3480

A timeline of how this property has performed in the market
Last Sold
$125,000
03 May 2018
  • 03 May 2018
    Sold for $125,000
  • 16 Jun 2017
    Listed for Sale $149,000
  • 09 Nov 2015
    Listed for Sale $175,000 No GST
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About Donald 3480

The size of Donald is approximately 312.8 square kilometres. It has 13 parks covering nearly 23% of total area. The population of Donald in 2011 was 1,693 people. By 2016 the population was 1,515 showing a population decline of 10.5% in the area during that time. The predominant age group in Donald is 60-69 years. Households in Donald are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Donald work in a managers occupation. In 2011, 76.6% of the homes in Donald were owner-occupied compared with 73.5% in 2016.

Donald has 1,000 properties. Over the last 5 years, Houses in Donald have seen a 101.00% increase in median value, while Units have seen a 188.46% increase. As at 31 October 2024:

  • The median value for Houses in Donald is $234,742 while the median value for Units is $435,723.
  • Houses have a median rent of $268.
There are currently 10 properties listed for sale, and no properties listed for rent in Donald on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Donald.

Suburb Insights for Donald 3480

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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.