OFF MARKET

197-205 Boundary Road
Laverton North VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4292m2
Land area: 17195m2
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Property Details for 197-205 Boundary Rd, Laverton North

Building Type
Commercial
Floor Size
4292m2
Land Size
17195m2
Local Government
Wyndham
Lot/Plan
1/PS439671

Last Listing description (September 2017)

UNDER OFFER

The property comprises a high quality distribution centre of approximately 7,462sqm* situated on a highly exposed site in one of Melbourne's most desirable industrial precincts.


Situated on the enviable corner of Boundary Road and William Angliss Drive, the property is subject to a short term lease and presents an ideal opportunity for an astute investor or potential owner occupier.

- Short term income of $658,733 pa net* until November 2015
- Highly exposed corner site in Laverton North
- Flexible improvements of 7,462sqm* appealing to an astute investor or owner occupier
- Site area of 17,270sqm*
- Huge frontage to Boundary Road of 161m*
- Excellent access to the surrounding road network
- Fully sprinklered warehouse with multiple loading points


* Approximately.

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Property History for 197-205 Boundary Rd, Laverton North, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$6,009,000
15 Jun 2015
Listed for Rent
09 Mar 2017
  • 09 Mar 2017
    Listed for Rent - Price not available
  • 02 Sep 2015
    Listed for Rent $450,000 / year
  • 15 Jun 2015
    Sold for $6,009,000
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About Laverton North 3026

The size of Laverton North is approximately 15.4 square kilometres. It has 7 parks covering nearly 12.2% of total area. The population of Laverton North in 2011 was 94 people. By 2016 the population was 54 showing a population decline of 42.6% in the area during that time. The predominant age group in Laverton North is 60-69 years. In general, people in Laverton North work in a machinery operators and drivers occupation. In 2011, 39.6% of the homes in Laverton North were owner-occupied compared with 32.6% in 2016..

Laverton North has 1,320 properties. Over the last 5 years, Houses in Laverton North have seen a 41.62% increase in median value. As at 30 November 2024:

  • The median value for Houses in Laverton North is $761,839 while the median value for Units is $615,952.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Laverton north on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Laverton north.

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