88 Park RoadMiddle Park VIC 3206
Property Details for 88 Park Rd, Middle Park
88 Park Rd, Middle Park is a 1 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 153m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (June 2022)
A brilliantly positioned, mixed-purpose investment opportunity in a premier Middle Park position, this immaculate premises comprises a boutique hairdressing salon at the front and a fully self-contained single bedroom dwelling at the rear. The best of both the commercial and the residential worlds converge in this first class set-and-forget investment that currently offers an excellent longer-term tenant as well as an unbeatable residential lifestyle offering.
Securely leased with generous options, the shop front is immaculately presented with polished concrete floors, a bright salon space, as well as a staff kitchen and bathroom facilities. Meanwhile, the residence is securely accessed from the rear, with a coveted secure parking space, as well as a bedroom, living room, stylish timber-topped kitchen, a fully-tiled bathroom and a bathroom. Keep the pair divided or re-unite if desired, the possibilities are all exciting.
Walk to the sands of Middle Park beach, the village vibes and cafe culture of Armstrong St, to city-bound trams and the light rail from this blue-ribbon position of enduring inner-bayside market appeal.
Property History for 88 Park Rd, Middle Park, VIC 3206
- 18 Jun 2022Sold for $1,850,000
- 24 May 2022Listed for Sale Auction Saturday 18th June at 2pm
- 21 Sep 2015Listed for Rent $425 / week
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About Middle Park 3206
The size of Middle Park is approximately 0.9 square kilometres. It has 4 parks covering nearly 8.1% of total area. The population of Middle Park in 2011 was 4,058 people. By 2016 the population was 4,152 showing a population growth of 2.3% in the area during that time. The predominant age group in Middle Park is 40-49 years. Households in Middle Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Middle Park work in a professional occupation. In 2011, 61.7% of the homes in Middle Park were owner-occupied compared with 63.4% in 2016.
Middle Park has 2,167 properties. Over the last 5 years, Houses in Middle Park have seen a -1.72% decrease in median value, while Units have seen a 4.36% increase. As at 31 October 2024:
- The median value for Houses in Middle Park is $2,592,777 while the median value for Units is $815,942.
- Houses have a median rent of $900 while Units have a median rent of $600.
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