SOLD
Sold on 01 May 2024 for $2,776,000

71-75 High Street
Doncaster VIC 3108

Bedrooms: 4
Bathrooms: -
Car spaces: -
Floor area: 375m2
Land area: 1289m2
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Property Details for 71-75 High St, Doncaster

Building Type
Land
Year Built
1985
Floor Size
375m2
Land Size
1289m2
Local Government
Manningham
Lot/Plan
139/LP44286

Last Listing description (September 2024)

Land for sale with approved town planning permit for 99 place childcare centre
Land size: 1,289.2 sqm (approx.)

Tenanted investment with a highly experienced multi-centre operator with an annual rent of $346,500 plus GST per annum
High exposure corner site on busy High Street with approx. 13,900 commuters passing the site daily
Positioned in a school precinct, with 7 schools within a 2km radius and a combined total enrolment of approximately 4,225 students
Located in a high-density residential area close to Westfield Doncaster Shopping Centre and a myriad of primary and secondary schools
Architectural drawings ready for an impressive, modern centre with large, centralised kitchen, elevator access and spacious playrooms
Over the road from Village Avenue retail strip
Childcare fees in the Doncaster catchment are as high as $169 per child per day
Located approx. 800m from the Eastern Freeway, a high-volume major arterial that attracts approx. 120,000 daily commuters
170m away from Tullamore Estate, an 800-lot residential subdivision currently under construction
1.5km from Westfield Shopping Centre with over 430 specialty retailers
Building area: 1,065sqm (approx.)

SOLD!

Please contact Wendy Zhou 0422 011 188 or Jonathan Lan 0422 358 259 to receive a detailed information memorandum.

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.
PLEASE NOTE: ANY IMAGES RELATING TO THIS PROPERTY ARE INDICATIVE ONLY
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Property History for 71-75 High St, Doncaster, VIC 3108

A timeline of how this property has performed in the market
Last Sold
$2,776,000
01 May 2024
Listed for Rent
$6.64k/w
24 May 2023
  • 09 Sep 2024
    Listed for Sale UNDER OFFER!
  • 01 May 2024
    Sold for $2,776,000
  • 20 Mar 2023
    Listed for Rent - Price not available
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About Doncaster 3108

The size of Doncaster is approximately 8.8 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Doncaster in 2011 was 18,359 people. By 2016 the population was 20,966 showing a population growth of 14.2% in the area during that time. The predominant age group in Doncaster is 20-29 years. Households in Doncaster are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Doncaster work in a professional occupation. In 2011, 74.8% of the homes in Doncaster were owner-occupied compared with 68.1% in 2016.

Doncaster has 14,913 properties. Over the last 5 years, Houses in Doncaster have seen a 19.50% increase in median value, while Units have seen a 12.81% increase. As at 31 August 2024:

  • The median value for Houses in Doncaster is $1,489,398 while the median value for Units is $653,381.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 99 properties listed for sale, and 24 properties listed for rent in Doncaster on OnTheHouse. According to CoreLogic's data, 582 properties were sold in the past 12 months in Doncaster.

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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.