6 Industrial AvenueHoppers Crossing VIC 3029
Property Details for 6 Industrial Ave, Hoppers Crossing
Last Listing description (September 2023)
Reliance Commercial is delighted to exclusively offer 6 Industrial Avenue in Hoppers Crossing for sale.
An excellent opportunity to acquire a highly esteemed property and business that offers reception and entertainment services in Hoppers Crossing. The property comes with its own fully equipped freehold premises that can seat over 150 people and features a well-maintained bar and liquor license valid until 1 AM. In addition, the commercial-grade kitchen is ideal for catering to corporate clients, including ongoing contracts with local government agencies, as well as a substantial base of regular customers.
* Total Land Area 1737m2 approx.
* Built up area of 550m2 approx.
* Modern staff amenities
* Big entrance door
* Fully equipped bar with liquor license valid till 1AM
* Commercial grade Kitchen
* High clearance property
* On site car parking
* Stand Alone Property
* Gated and Secured
* Rental Income $167,500.00 + GST + Outgoings per annum
Situated just minutes from the Monash freeway and just of the prominent Old Geelong Road, this property offers excellent returns and could be self-occupied if you want to run a similar business.
Call Shivam on +61 424 251 835or Aman 0415 932 324 today for further enquiries
Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Interested parties should conduct their due diligence prior to making any submissions.
Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 6 Industrial Ave, Hoppers Crossing, VIC 3029
- 18 Aug 2023Sold for $3,100,000
- 04 May 2023Listed for Sale Contact Agent
- 06 Feb 2018Listed for Sale Not Disclosed
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About Hoppers Crossing 3029
The size of Hoppers Crossing is approximately 17.6 square kilometres. It has 60 parks covering nearly 7.9% of total area. The population of Hoppers Crossing in 2011 was 37,598 people. By 2016 the population was 38,698 showing a population growth of 2.9% in the area during that time. The predominant age group in Hoppers Crossing is 20-29 years. Households in Hoppers Crossing are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hoppers Crossing work in a clerical occupation. In 2011, 77% of the homes in Hoppers Crossing were owner-occupied compared with 73.4% in 2016.
Hoppers Crossing has 16,239 properties. Over the last 5 years, Houses in Hoppers Crossing have seen a 18.44% increase in median value, while Units have seen a 19.04% increase. As at 31 July 2024:
- The median value for Houses in Hoppers Crossing is $628,890 while the median value for Units is $440,130.
- Houses have a median rent of $450 while Units have a median rent of $420.
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