Teska Carson is pleased to offer Shop 2, 163 King Street, Melbourne for sale.
Located in King Street's entertainment and office precinct and close to the busy intersection of Bourke Street, this location is second to none.
Key attributes:
- Tenant: 7-Eleven since 2006
- Gross Rental: $151,708 p.a.*
- Area: 130m2*
- Frontage to King Street of 7.7 metres*
- Excellent exposure to King Street precinct
For further information or to arrange an inspection, please call.
*Approx.
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.
Melbourne has 61,325 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:
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