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Sold on 19 Apr 2024 - Price Unavailable

53-55 Mahoneys Road
Forest Hill VIC 3131

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 288m2
Land area: 355m2
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Sold By
Andrew Hill
Appleby Real Estate
David Mcguinness
Appleby Real Estate
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Property Details for 53-55 Mahoneys Rd, Forest Hill

Building Type
Commercial
Floor Size
288m2
Land Size
355m2
Local Government
Whitehorse
Lot/Plan
92/LP67407

Last Listing description (April 2024)

Appleby Commercial is pleased to offer  53-55 Mahoneys Road, Forest Hill to the market for sale by Private Treaty.

Location plus, this shop is positioned directly opposite one of the main entrances into Forest Hill Chase Shopping Centre. At present the shop is leased to Youth Education Support Inc at a rental of $72,230.76 per annum plus GST including outgoings. 
The 3 year lease term is due to expire on the 31/8/2024 with no further lease options.

PROPERTY ATTRIBUTES
+ Building Size: 332 Sqm
+ Land Size: 355 Sqm
+ Prime Location
+ High Volume Passing Foot & Vehicle Traffic
+ Double Fronted Building
+ Rear Access
+ Amenities

For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.

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Property History for 53-55 Mahoneys Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
19 Apr 2024
Listed for Rent
03 Sep 2008
  • 19 Apr 2024
    Sold
  • 14 Nov 2023
    Listed for Sale Contact Agent
  • 25 Aug 2010
    Sold for $957,000
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About Forest Hill 3131

The size of Forest Hill is approximately 4.1 square kilometres. It has 12 parks covering nearly 8.5% of total area. The population of Forest Hill in 2011 was 10,051 people. By 2016 the population was 10,628 showing a population growth of 5.7% in the area during that time. The predominant age group in Forest Hill is 40-49 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Hill work in a professional occupation. In 2011, 72.5% of the homes in Forest Hill were owner-occupied compared with 70.1% in 2016.

Forest Hill has 5,425 properties.

    There are currently 13 properties listed for sale, and 5 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Forest hill.

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