SOLD
Sold on 08 Aug 2024 for $635,000

6/10 Rushdale Street
Knoxfield VIC 3180

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 363m2
Land area: 388m2
Save

Property Details for 6/10 Rushdale St, Knoxfield

Building Type
Commercial
Floor Size
363m2
Land Size
388m2
Local Government
Knox
Lot/Plan
6/SP25401

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

A timeline of how this property has performed in the market
Last Sold
$635,000
08 Aug 2024
  • 08 Aug 2024
    Sold for $635,000
  • 30 Oct 2023
    Listed for Sale CONTACT AGENT
  • 08 Oct 2020
    Sold for $419,000
Sign in to see more transactions

Commute Calculator

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 4,449 properties. Over the last 5 years, Houses in Knoxfield have seen a 13.93% increase in median value, while Units have seen a 11.43% increase. As at 30 November 2024:

  • The median value for Houses in Knoxfield is $989,239 while the median value for Units is $778,817.
  • Houses have a median rent of $580 while Units have a median rent of $575.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Knoxfield on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Knoxfield.

Suburb Insights for Knoxfield 3180

Market Insights
Knoxfield Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Knoxfield Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.