SOLD
Sold on 29 Jan 2024 for $709,500

2/1 Bray Street
Hastings VIC 3915

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 329m2
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Property Details for 2/1 Bray St, Hastings

Building Type
Land
Land Size
329m2
Local Government
Mornington Peninsula
Lot/Plan
2/SP30353

Last Listing description (September 2023)

Excellent main road exposure on the Mornington Peninsula.

GrayJohnson is pleased to offer for sale this showroom/warehouse enjoying a prominent position on one of the Mornington Peninsula's major arterials.

The opportunity:

Showroom/warehouse of 329sqm*
Springing height 4.5m*
Roller shutter door access
Ample off-street car parking
Zoning: Industrial 3

Formerly a trade showroom, the property is located in an established industrial precinct around 1.5km* from the town centre of Hastings.

Suitable for an owner/occupier, superfund or investor, this property is an opportunity to acquire a versatile industrial property at an affordable price point.

Hastings is the Mornington Peninsula's principal industrial area and is home to significant operations including the ExxonMobil and BlueScope manufacturing plants. The Port of Hastings is one of Victoria's four major commercial ports.

Hastings is also a popular tourist destination and has a large boat harbour the Western Port Marina and many small businesses catering to the recreational boating industry.

The location:
Prominent main road corner position
Excellent exposure to Frankston-Flinders Road
Established commercial/industrial precinct
Positioned in exclusive and boutique development
1.5km* to Hastings town centre
Easy access to all popular Mornington Peninsula locations

*approx.

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Property History for 2/1 Bray St, Hastings, VIC 3915

A timeline of how this property has performed in the market
Last Sold
$709,500
29 Jan 2024
  • 29 Jan 2024
    Sold for $709,500
  • 17 Aug 2023
    Listed for Sale Contact Agent
  • 23 Sep 1988
    Sold for $172,800

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About Hastings 3915

The size of Hastings is approximately 26.5 square kilometres. It has 23 parks covering nearly 3.4% of total area. The population of Hastings in 2011 was 8,685 people. By 2016 the population was 9,613 showing a population growth of 10.7% in the area during that time. The predominant age group in Hastings is 0-9 years. Households in Hastings are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hastings work in a trades occupation. In 2011, 58.4% of the homes in Hastings were owner-occupied compared with 58.3% in 2016.

Hastings has 6,286 properties. Over the last 5 years, Houses in Hastings have seen a 35.01% increase in median value, while Units have seen a 25.16% increase. As at 30 November 2024:

  • The median value for Houses in Hastings is $661,660 while the median value for Units is $513,034.
  • Houses have a median rent of $515 while Units have a median rent of $470.
There are currently 27 properties listed for sale, and 20 properties listed for rent in Hastings on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Hastings.

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