OFF MARKET

37-41 School Road
Eagle Point VIC 3878

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 97m2
Land area: 2787m2
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Property Details for 37-41 School Rd, Eagle Point

Building Type
Commercial
Floor Size
97m2
Land Size
2787m2
Local Government
East Gippsland
Lot/Plan
1/TP559318

Last Listing description (August 2018)

'Eagle ManornTruly unique and rare investment opportunity currently leased as a supported residential services facility. The building was custom built and comprises 30 bed residence, 2 dining areas, lounge, commercial kitchen, office, laundry and 3 bedroom manager's residence.
- Current rental of $117,000 per annum net
- 5 year lease commenced 30th October 2017

- 4 further terms of 5 years each
- Building 909 sqm (approx.)
- Land 2,723 sqm (approx.)
- General Residential Zone (GRZ)

Property History for 37-41 School Rd, Eagle Point, VIC 3878

A timeline of how this property has performed in the market
Last Sold
$1,268,000
10 Sep 2021
  • 10 Sep 2021
    Sold for $1,268,000
  • 15 Jun 2018
    Sold for $1,202,000
  • 15 Mar 2018
    Listed for Sale $1,300,000 + GST (if applicable)
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About Eagle Point 3878

The size of Eagle Point is approximately 18.9 square kilometres. It has 2 parks covering nearly 1.8% of total area. The population of Eagle Point in 2011 was 737 people. By 2016 the population was 1,109 showing a population growth of 50.5% in the area during that time. The predominant age group in Eagle Point is 60-69 years. Households in Eagle Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eagle Point work in a professional occupation. In 2011, 79.1% of the homes in Eagle Point were owner-occupied compared with 80% in 2016.

Eagle Point has 823 properties. Over the last 5 years, Houses in Eagle Point have seen a 64.94% increase in median value, while Units have seen a 50.07% increase. As at 31 October 2024:

  • The median value for Houses in Eagle Point is $571,134 while the median value for Units is $359,961.
  • Houses have a median rent of $540.
There are currently 26 properties listed for sale, and 1 property listed for rent in Eagle point on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Eagle point.

Suburb Insights for Eagle Point 3878

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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.