OFF MARKET

19/16 South Circular Road
Gladstone Park VIC 3043

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 59m2
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Property Details for 19/16 South Circular Rd, Gladstone Park

19/16 South Circular Rd, Gladstone Park is a 1 bedroom, 1 bathroom Unit and was built in 1993. The property has a land size of 59m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1993
Land Size
59m2
Local Government
Hume
Lot/Plan
19/PS327182

Last Listing description (March 2018)

Brilliantly located on the doorstep of the Gladstone Park Shopping Centre, this low-maintenance unit has been well kept and comes complete with security intercom entry, lounge, kitchenette adjoining meals area, large bedroom with mirrored BIR, combined bathroom/laundry, and a low maintenance courtyard with synthetic grass.

Positioned in a 22 unit complex, with well-maintained private grounds and a lovely social environment, this property comes with a covenant stating that its occupier - but not necessarily its owner - must be 55 years of age or older. Therefore, investors of any age could potentially purchase the property and rent it out for approximately $210-$230 per week...but ONLY to a 55 plus year old tenant.

A whole host of amenities including the bus-stop, reserves, medical centres and all types of shopping are only steps away, explaining why properties in this tightly-held complex are so highly sought-after. With settlement terms of 30, 60 or 90 days, do not hesitate to snap up this little jewel before it's gone!

Settlement: 30, 60 or 90 days
Selling Guide: $180,000-$199,000

Contact: Phillip Mercieca - 0402 419 827
www.phillipmercieca.com
www.facebook.com/phillipmerciecabarryplant

Phillip Mercieca : 0402 419 827

Property History for 19/16 South Circular Rd, Gladstone Park, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$195,000
14 Dec 2016
  • 14 Dec 2016
    Sold for $195,000
  • 25 Nov 2016
    Listed for Sale Under Offer by PHILLIP MERCIECA!
  • 15 Feb 1994
    Sold for $76,500

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About Gladstone Park 3043

The size of Gladstone Park is approximately 3.7 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Gladstone Park in 2011 was 8,329 people. By 2016 the population was 8,348 showing a population growth of 0.2% in the area during that time. The predominant age group in Gladstone Park is 60-69 years. Households in Gladstone Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Park work in a clerical occupation. In 2011, 79.3% of the homes in Gladstone Park were owner-occupied compared with 77.5% in 2016.

Gladstone Park has 3,548 properties.

    There are currently 8 properties listed for sale, and 3 properties listed for rent in Gladstone park on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Gladstone park.

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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.