OFF MARKET

7/603 Main Road
Golden Point VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 46m2
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Property Details for 7/603 Main Rd, Golden Point

7/603 Main Rd, Golden Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 46m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
Unit
Year Built
1990
Floor Size
97m2
Land Size
46m2
Local Government
Ballarat
Lot/Plan
7/SP21460

Last Listing description (September 2017)

If you're after a set & forget investment property with a secure lease in place and situated in a prime location, then this is sure to impress. Leased to the Mecure Ballarat until December 31st 2018, and includes further 3 x 5 year options, a current gross rental return of approximately $18,226pa that has an annual increase of 4% you can't go wrong.
Recently painted throughout, new carpets & new kitchen bench tops & appliances which includes electric cook top & wall oven. this two bedroom apartment offers exceptional value to the owner and everything else is taken care of for you.
Downstairs is a spacious open plan kitchen, meals & lounge room, with two bedrooms, bathroom & toilet upstairs. Three split systems are found through out the apartment, one in each bedroom & one in the main living area.

All outgoings are paid by the tenant including rates & owners corporation fees which makes this even more appealing. As the new owner you will only have to contribute to the Owners Corporation sinking fund to fund any special levies when required. Located right across the road from Ballarats iconic Sovereign Hill and walking distance to a variety of restaurants & cafes as well as the CBD of Ballarat, you are well situated for future growth.

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Property History for 7/603 Main Rd, Golden Point, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$202,000
02 Mar 2013
  • 16 Nov 2016
    Listed for Sale $255,000 - $265,000 (under offer)
  • 02 Mar 2013
    Sold for $202,000
  • 24 May 2012
    Listed for Sale $227,000
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About Golden Point 3350

The size of Golden Point is approximately 1.9 square kilometres. It has 6 parks covering nearly 27.9% of total area. The population of Golden Point in 2011 was 2,186 people. By 2016 the population was 2,094 showing a population decline of 4.2% in the area during that time. The predominant age group in Golden Point is 20-29 years. Households in Golden Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Point work in a professional occupation. In 2011, 60.1% of the homes in Golden Point were owner-occupied compared with 56.4% in 2016.

Golden Point has 1,410 properties.

    There are currently 13 properties listed for sale, and no properties listed for rent in Golden point on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Golden point.

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