OFF MARKET

120 Pound Road
Hampton Park VIC 3976

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 666m2
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Property Details for 120 Pound Rd, Hampton Park

120 Pound Rd, Hampton Park is a 3 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 666m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1975
Floor Size
100m2
Land Size
666m2
Local Government
Casey
Lot/Plan
282/LP94725

Last Listing description (January 2024)

Irreplaceable Medical Investment Opportunity

Located in a pocket that is incredibly close to all amenities and everything that Hampton Park has to offer. This property is perfectly placed on one of the main roads so huge potential once the development is completed.

Sitting on 666m2 of prime real estate this property is one of the rare few left in this street with this much potential and options available to potential purchasers. What you do with this property is only limited by your imagination as what's on offer is ready plans and permits approved for brand new medical centre.

The ideal choice for an owner-operator OR an investor, this practise is strategically positioned in one of Melbourne's Southeast's growth corridors and offers a total clinical area of approximately 235.6 square metres and 13 parking places permitted for three doctors. A wide range of professionals, including GP practises, specialists, allied health workers, etc., would benefit from this facility.

The Existing house consist of 3 spacious bedrooms all with built in robes, which is serviced by the family bathroom including a separate bathtub and shower separate toilet and a large laundry. Currently tenanted so it will give you a rental return while you are getting reading for the construction.

Key features of the proposed medical centre once completed:

- Brand new premises
- Large clinical area- 235.6 sqm approx.
- Located on two levels with accessibility via internal lift
- Reception and waiting area
- 3 consulting rooms
- Staff/Record Room
- Conference/Meals room
- Play area for Kids
- All permits obtained
- 13 car-park spots available onsite
- Thriving location
- Huge potential

So Don't Miss This Opportunity, Give Manpreet on 0422 252 975 or Nitin on 0432 426 688 a call today for more information.

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DISCLAIMERS
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency.
Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor.

Property History for 120 Pound Rd, Hampton Park, VIC 3976

A timeline of how this property has performed in the market
Last Sold
$600,000
14 Nov 2023
Listed for Rent
$350/w
22 Dec 2020
  • 14 Nov 2023
    Sold for $600,000
  • 18 Jan 2023
    Listed for Sale $650,000 - $690,000
  • 15 Mar 2021
    Sold for $525,000
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About Hampton Park 3976

The size of Hampton Park is approximately 13.3 square kilometres. It has 44 parks covering nearly 8.5% of total area. The population of Hampton Park in 2011 was 23,767 people. By 2016 the population was 25,535 showing a population growth of 7.4% in the area during that time. The predominant age group in Hampton Park is 0-9 years. Households in Hampton Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hampton Park work in a trades occupation. In 2011, 72.4% of the homes in Hampton Park were owner-occupied compared with 69.9% in 2016.

Hampton Park has 9,863 properties. Over the last 5 years, Houses in Hampton Park have seen a 30.59% increase in median value, while Units have seen a 28.34% increase. As at 31 October 2024:

  • The median value for Houses in Hampton Park is $685,306 while the median value for Units is $542,402.
  • Houses have a median rent of $510 while Units have a median rent of $480.
There are currently 64 properties listed for sale, and 30 properties listed for rent in Hampton park on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in Hampton 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.