66 Popes RoadKeysborough VIC 3173
Property Details for 66 Popes Rd, Keysborough
Last Listing description (April 2024)
Don't miss out on the opportunity to secure this fantastic little Industrial Investment located in an in demand industrial pocket of Keysborough.
Perfect for both a first time or experienced investor, the property is currently leased to a mechanic through to 2025 with an additional two year option. It has good natural light, small office and two car spaces.
The property is located a short distance from from Dandenong CBD & The Dandenong Industrial precinct. Its also a short distance from Eastlink allowing easy asking to major arterials.
Lease Details:
Rental: $20,700pa**
Lease Start: 16/11/2023
Term: Two (2) years
Further Term: Two (2) years
Increases: CPI annually, market at expires
Bond: Equivalent to two (2) months plus GST
Sale Price: $499,000**, 10% deposit, settle 60/90 days
Keysborough is positioned to the south-east of Melbourne's central business district, approximately 27km* away. It enjoys convenient access to several major roads, such as Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, and the recently constructed Dingley Bypass. Amenities surrounding the area comprise Parkmore Shopping Centre, Moorabbin Airport and well known Golf Courses; Keysborough Golf Course, Capital, Woodlands and Southern Golf Clubs.
- All sizes are approximate.*
- All figures are GST exclusive unless otherwise stated.**
Inspection are strictly by appointment only.
Property History for 66 Popes Rd, Keysborough, VIC 3173
- 26 Mar 2024Sold for $485,000
- 21 Mar 2024Listed for Sale SOLD
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0About 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 12,767 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.
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