43 The Mall Heidelberg West VIC 3081
Property Details for 43 The Mall, Heidelberg West
Last Listing description (November 2023)
Located in Heidelberg West The Mall Shopping Centre is the centrally located shop with plenty of upside. Key features:
- Land area: 180 sq. metres (approx.)
- Building area: 154 sq. metres (approx.)
- Suitable for a variety of uses with both front and rear access
- Large on-site car park, excellent for staff and customers
- Growing area with large developments planned along Bell Street creating more foot traffic for business looking to make their own mark
- Short-term monthly lease in place with existing tenants
- Recognised national tenancies in close proximity including Aldi, Chemist Warehouse, Australia Post, Subway, Vinnies along with all the usual local cafes, supermarket and other key essential occupancies
- Positioned just off Bell Street with ease of access to local transport (Bus Service) and Melbourne's key arterial roads
- Opportunity to occupy or invest
Terms: 10% Deposit Balance 60/90 Days
For further details or to inspect contact:
Jonathan Rizzo 0404 125 846
Mark Dixon 0423 395 699
Paul Evans 0408 144 181
Property History for 43 The Mall, Heidelberg West, VIC 3081
- 12 Apr 2024Sold for $500,000
- 08 Sep 2023Listed for Sale Contact Agent
- 04 Feb 1997Sold for $175,000
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0About Heidelberg West 3081
The size of Heidelberg West is approximately 3.2 square kilometres. It has 9 parks covering nearly 14.1% of total area. The population of Heidelberg West in 2011 was 5,327 people. By 2016 the population was 5,561 showing a population growth of 4.4% in the area during that time. The predominant age group in Heidelberg West is 20-29 years. Households in Heidelberg West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg West work in a professional occupation. In 2011, 38.5% of the homes in Heidelberg West were owner-occupied compared with 37.9% in 2016.
Heidelberg West has 4,112 properties. Over the last 5 years, Houses in Heidelberg West have seen a 15.35% increase in median value, while Units have seen a 16.73% increase. As at 31 October 2024:
- The median value for Houses in Heidelberg West is $841,878 while the median value for Units is $679,353.
- Houses have a median rent of $510 while Units have a median rent of $585.
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