1078 Main RoadEltham VIC 3095
Property Details for 1078 Main Rd, Eltham
Last Listing description (June 2024)
Trophy asset in Eltham's Activity Centre!
RWC is exclusively engaged to offer the Nilumbik Medical Centre, a critical infrastructure investment that is secured by over 30 years of occupancy that will be sold via Expression of Interest.
Closing Date: May 23rd, 1 PM
Long-Term Lease Security:
• Secure tenancy with a five-year lease to January 2028, with two further five-year options extending to 2038.
Established Tenant:
• Nillumbik Medical Centre, a leading healthcare provider serving the community for over 30 years. Arguably the most significant centre in the precinct.
Zoning:
• Activity Centre Zone
This exceptional opportunity offers a secure investment in a well-established medical precinct with a strong tenant and excellent growth potential.
Contact RWC today to register your interest or for further information;
Will Jonas - 0422 883 011
Ryan Trickey - 0400 380 438
*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information, but this does not constitute any representation by the Vendor or Agents.
** Vicroads
Property History for 1078 Main Rd, Eltham, VIC 3095
- 03 Jun 2024Sold
- 12 Apr 2024Listed for Sale FOR SALE by Expressions of Interest
- 25 Nov 1999Sold for $560,000
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0About Eltham 3095
The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2011 was 18,162 people. By 2016 the population was 18,303 showing a population growth of 0.8% in the area during that time. The predominant age group in Eltham is 40-49 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation. In 2011, 85.6% of the homes in Eltham were owner-occupied compared with 85.5% in 2016.
Eltham has 8,532 properties. Over the last 5 years, Houses in Eltham have seen a 30.55% increase in median value, while Units have seen a 15.94% increase. As at 31 October 2024:
- The median value for Houses in Eltham is $1,248,494 while the median value for Units is $779,301.
- Houses have a median rent of $670 while Units have a median rent of $595.
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