29 Hamilton RoadHorsham VIC 3400
Property Details for 29 Hamilton Rd, Horsham
Last Listing description (August 2024)
Property Overview:
• Land Size: 1012m²
• Building Size: Approximately 300m²
• Current Rent: $34,297.56 per annum (plus GST if applicable), with a 2.5% annual increase
• Lease Term: Tenanted until 31/10/2027 with one additional 2-year option
• Tenant Obligations: Tenant pays Council rates and GWM Water
This property represents an excellent addition to any investment portfolio, offering a stable income stream with a well-established tenant in place.
The steel framed shed comprising of large open-plan reception/administration area, two separate offices plus kitchen area, toilets, and a shower. Reverse cycle heating and cooling installed in all office spaces and the kitchen area. The warehouse includes high access roller door plus hardstand to rear of shed.
Secure this opportunity today and enjoy the benefits of a long-term, reliable investment.
For Sale by Tender - Prior offers will be considered.
Tender closes 2pm, Thursday 26th September 2024 at Elders office, 87 Stawell Road, Horsham.
Property History for 29 Hamilton Rd, Horsham, VIC 3400
- 31 Aug 2024Sold for $537,500
- 15 Aug 2024Listed for Sale For Sale By Tender - Prior Offers Considered
- 02 Sep 2016Sold for $340,000
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0About Horsham 3400
The size of Horsham is approximately 23.9 square kilometres. It has 42 parks covering nearly 6.4% of total area. The population of Horsham in 2011 was 14,284 people. By 2016 the population was 14,550 showing a population growth of 1.9% in the area during that time. The predominant age group in Horsham is 20-29 years. Households in Horsham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Horsham work in a professional occupation. In 2011, 66.8% of the homes in Horsham were owner-occupied compared with 66.3% in 2016.
Horsham has 9,432 properties. Over the last 5 years, Houses in Horsham have seen a 59.15% increase in median value, while Units have seen a 47.15% increase. As at 31 October 2024:
- The median value for Houses in Horsham is $364,865 while the median value for Units is $306,869.
- Houses have a median rent of $395 while Units have a median rent of $340.
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