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Sold on 03 Jun 2024 - Price Unavailable

1078 Main Road
Eltham VIC 3095

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 100m2
Land area: 100m2
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Property Details for 1078 Main Rd, Eltham

Building Type
Commercial
Floor Size
100m2
Land Size
100m2
Local Government
Nillumbik
Lot/Plan
CP172495

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

A timeline of how this property has performed in the market
Last Sold
03 Jun 2024
  • 03 Jun 2024
    Sold
  • 12 Apr 2024
    Listed for Sale FOR SALE by Expressions of Interest
  • 25 Nov 1999
    Sold for $560,000
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About 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 8,556 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.
There are currently 29 properties listed for sale, and 5 properties listed for rent in Eltham on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Eltham.

Suburb Insights for Eltham 3095

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Contact agent
Will Jonas
Show contact details
Ryan Trickey
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RWC Glen Waverley
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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.