481 Highett RoadHighett VIC 3190
Property Details for 481 Highett Rd, Highett
Last Listing description (November 2023)
Aston Commercial are pleased to offer 481 Highett Road, Highett to market via Private Sale.
Key property attributes include:
Leased until 31st August 2025
3.5% annual increases
Prime corner location in transforming precinct
High quality internal fit out
Excellent access to major arterial roads
High yielding investment opportunity
This is a great opportunity to purchase a modern corner retail investment benefiting from a secure and long term lease to popular and established restaurant Paradai Thai.
This is a fantastic investment ideally suited for buyers looking to secure a high yielding asset in a proven and transforming location.
Contact the exclusive agents from Aston Commercial for further information.
*approx
Property History for 481 Highett Rd, Highett, VIC 3190
- 01 Dec 2023Sold for $1,125,000
- 28 Sep 2023Listed for Sale Contact Agent
- 19 Apr 2021Listed for Rent $430 / week
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0About Highett 3190
The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2011 was 10,263 people. By 2016 the population was 10,452 showing a population growth of 1.8% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation. In 2011, 71.7% of the homes in Highett were owner-occupied compared with 68.6% in 2016.
Highett has 7,171 properties. Over the last 5 years, Houses in Highett have seen a 8.76% increase in median value, while Units have seen a 2.79% increase. As at 31 January 2025:
- The median value for Houses in Highett is $1,409,504 while the median value for Units is $684,095.
- Houses have a median rent of $695 while Units have a median rent of $560.
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