9 Commercial PlaceDrouin VIC 3818
Property Details for 9 Commercial Pl, Drouin
Last Listing description (March 2024)
Ideally situated within Drouin's bustling central business district, 9 Commercial Place presents an enticing opportunity for your upcoming commercial investment, boasting a lucrative rental return of approximately $36,000 per annum alongside GST and outgoings. With its Commercial 1 zoning, this property is a tempting option for immediate occupancy.
Featuring an existing fit-out, the office space currently comprises three distinct offices. Two of these offices are conveniently located at the back of the building, ensuring privacy from the main foyer or reception area. Moreover, the generously sized office situated at the building's rear offers ample space to accommodate a considerable workforce or can function exceptionally well as a secure storage facility.
Nestled among neighbouring establishments such as a podiatrist, accountant, hair salon, and Gippsland Cosmetic Centre, this property is exceptionally well-suited for office, clinic, or retail purposes within a professional environment.
Features include:
- Access to a large customer carpark
- Large glass panel shop frontage
- Quality floorcoverings
- Heating and cooling air-conditioning
- Kitchenet
- Separate water closet and hand basin
Please get in touch with Brad Boyde at 0400775388 for further information or to arrange an inspection.
Property History for 9 Commercial Pl, Drouin, VIC 3818
- 31 Dec 2023Sold for $698,500
- 13 Dec 2023Listed for Sale UNDER CONTRACT
- 02 Sep 2011Sold for $220,000
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0About Drouin 3818
The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4% of total area. The population of Drouin in 2011 was 9,685 people. By 2016 the population was 12,348 showing a population growth of 27.5% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation. In 2011, 72.9% of the homes in Drouin were owner-occupied compared with 71.7% in 2016.
Drouin has 9,270 properties. Over the last 5 years, Houses in Drouin have seen a 41.67% increase in median value, while Units have seen a 37.85% increase. As at 31 October 2024:
- The median value for Houses in Drouin is $648,469 while the median value for Units is $425,725.
- Houses have a median rent of $500 while Units have a median rent of $420.
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