114 Condon StreetKennington VIC 3550
Property Details for 114 Condon St, Kennington
Last Listing description (September 2024)
This very well-presented medical freehold offers an exceptional opportunity for healthcare professionals.The property is equipped with a permit to operate three consulting rooms, making it ideal for a range of medical practices.KEY FEATURES:- Very well presented and structurally sound medical freehold- Permit to operate 3 consulting rooms- 13 on-site car parking spaces, with available on-street parking- High exposure location on busy thoroughfare- General Residential Zoned- Disabled accessibility- Offered with vacant possessionThe double brick premises has excellent natural light and is situated in a high-exposure location on a busy thoroughfare with significant visibility and passing traffic.Full disabled accessibility and significant on-site car parking ensures that the property meets all necessary compliance standards.Offered with vacant possession, this property is ready for immediate occupation, presenting an excellent investment opportunity in a prime location.
Property History for 114 Condon St, Kennington, VIC 3550
- 10 Sep 2024Sold
- 10 Jul 2024Listed for Sale $700,000
- 22 Nov 2014Transferred
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0About Kennington 3550
The size of Kennington is approximately 4 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2011 was 5,830 people. By 2016 the population was 5,649 showing a population decline of 3.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation. In 2011, 60.8% of the homes in Kennington were owner-occupied compared with 59.2% in 2016.
Kennington has 3,364 properties. Over the last 5 years, Houses in Kennington have seen a 51.83% increase in median value, while Units have seen a 67.05% increase. As at 31 August 2024:
- The median value for Houses in Kennington is $603,412 while the median value for Units is $413,998.
- Houses have a median rent of $450 while Units have a median rent of $410.
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