6/10 Rushdale StreetKnoxfield VIC 3180
Property Details for 6/10 Rushdale St, Knoxfield
Last Listing description (October 2023)
South East Commercial & Industrial, in conjunction with Red Property Specialists are pleased to offer for sale, this investment opportunity with a long standing tenant, positioned within the tightly held pocket of Rushdale Street, Knoxfield.
Investment Features include;
Long standing tenant of 20+ years
Current rental return of $38,356 per annum
Leased till April 2026 with nil options
Annual rental increases to 3%
Property Features include;
Total building area of 290sqm
Small rear yard of 91sqm
4 car spaces
Three phase power
Gas connection
Neat office space
Perfectly positioned within a boutique development of 6 units, and within moments to Ferntree Gully Road, this is an excellent opportunity to secure a solid investment to kick start or add value to your portfolio.
Property History for 6/10 Rushdale St, Knoxfield, VIC 3180
- 08 Aug 2024Sold for $635,000
- 30 Oct 2023Listed for Sale CONTACT AGENT
- 08 Oct 2020Sold for $419,000
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About Knoxfield 3180
The size of Knoxfield is approximately 5.6 square kilometres. It has 16 parks covering nearly 18.6% of total area. The population of Knoxfield in 2011 was 7,140 people. By 2016 the population was 7,455 showing a population growth of 4.4% in the area during that time. The predominant age group in Knoxfield is 30-39 years. Households in Knoxfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Knoxfield work in a professional occupation. In 2011, 78.8% of the homes in Knoxfield were owner-occupied compared with 76% in 2016.
Knoxfield has 4,440 properties. Over the last 5 years, Houses in Knoxfield have seen a 15.48% increase in median value, while Units have seen a 14.70% increase. As at 31 October 2024:
- The median value for Houses in Knoxfield is $996,620 while the median value for Units is $786,826.
- Houses have a median rent of $580 while Units have a median rent of $570.
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