SOLD
Sold on 17 Apr 2024 for $1,820,000

1/185 Cheltenham Road
Keysborough VIC 3173

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1054m2
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Property Details for 1/185 Cheltenham Rd, Keysborough

Building Type
Commercial
Land Size
1054m2
Local Government
Greater Dandenong
Lot/Plan
1/RP17157

Last Listing description (June 2012)

Total Tools - Spectacular Investment - New 5 Year Lease
This fantastic main road showroom has a brand new 5 year lease to Total Tools
- Unit 2

- Total Building 743m2 with side access and secure rear yard
- New 5x5 year lease, returning approx $68,000per annum, leased to Total Tools
- Long standing A Grade tenant
- All outgoings payable by tenant
- Huge frontage to Cheltenham Road, EastLink in sight.
- Annual rental increases
Don't miss this opportunity
For further information or to arrange an inspection please contact
Angus Clark 0411 314 106

Property History for 1/185 Cheltenham Rd, Keysborough, VIC 3173

A timeline of how this property has performed in the market
Last Sold
$1,820,000
17 Apr 2024
  • 17 Apr 2024
    Sold for $1,820,000
  • 25 Oct 2011
    Listed for Sale $900,000 - $950,000
  • 08 Dec 1999
    Sold for $420,000
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About Keysborough 3173

The size of Keysborough is approximately 21.8 square kilometres. It has 56 parks covering nearly 12.1% of total area. The population of Keysborough in 2011 was 19,885 people. By 2016 the population was 25,782 showing a population growth of 29.7% in the area during that time. The predominant age group in Keysborough is 30-39 years. Households in Keysborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keysborough work in a professional occupation. In 2011, 81% of the homes in Keysborough were owner-occupied compared with 79.7% in 2016.

Keysborough has 12,765 properties. Over the last 5 years, Houses in Keysborough have seen a 34.40% increase in median value, while Units have seen a 22.59% increase. As at 31 October 2024:

  • The median value for Houses in Keysborough is $986,541 while the median value for Units is $750,683.
  • Houses have a median rent of $688 while Units have a median rent of $648.
There are currently 31 properties listed for sale, and 21 properties listed for rent in Keysborough on OnTheHouse. According to CoreLogic's data, 376 properties were sold in the past 12 months in Keysborough.

Suburb Insights for Keysborough 3173

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.