OFF MARKET

12/45-47 Palmerston Street
Melton VIC 3337

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 92m2
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Property Details for 12/45-47 Palmerston St, Melton

12/45-47 Palmerston St, Melton is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a floor size of 92m2.

Building Type
Unit
Year Built
1980
Floor Size
92m2
Local Government
Melton

Last Listing description (October 2017)

Perfectly located in a prime central location this wonderful investment opportunity already has a long term commercial tenant in place. The unit comprises of 2 good sized bedrooms with BIR's, large formal lounge, meals area and kitchen boasting S/S appliances and dishwasher. The unit is currently under lease at approx $1260 per month plus all outgoings. Current tenancy until August 2018 with a further 2x5 year options available. If you're looking for a great investment opportunities without all the headaches give us a call to discuss further.

Property History for 12/45-47 Palmerston St, Melton, VIC 3337

A timeline of how this property has performed in the market
  • 11 Jul 2017
    Listed for Sale $299,000

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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.

Melton has 5,130 properties.

    There are currently 44 properties listed for sale, and 16 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Melton.

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