43 Giles StreetMirboo North VIC 3871
Property Details for 43 Giles St, Mirboo North
43 Giles St, Mirboo North is a 0 bedroom, 0 bathroom House. The property has a land size of 2111m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (November 2021)
If you're looking for a truly passive investment that can be run from anywhere, look no further! Grand Ridge Self Storage & Hire was established in 2015 by a highly regarded local family who have seen consistent growth in revenue and solid occupancy running.
The well designed complex consists of 26 units that are ideal for moving house or business storage solutions. The low maintenance premises is positioned in a quiet, well maintained location in the commercial heart of Mirboo North township. Secured by cyclone fencing, night lighting and 24/7 CCTV surveillance, easy access is provided via the wide concrete driveway and large turn around bay.
The 26 units vary in size, ensuring everyone's storage requirements are catered for.
SMALL 3.1m x 5.3m (3 UNITS)
MEDIUM 3m x 7.3m (12 UNITS)
LARGE 3.7m x 7.4m (1 UNIT)
XTRA LARGE 3.6m x 9.4m (10 UNITS)
As more people move and travel, self-storage services have become a huge business for this demanding market. This opportunity suits savvy investors and business owners looking for a solid return.
Maintenance, leases and administration have been efficiently facilitated by Stockdale and Leggo Mirboo North for the past 5 years, making this a genuine passive income.
For more information on this rare self-storage opportunity, contact the managing agents 03 5668 1300.
Property History for 43 Giles St, Mirboo North, VIC 3871
- 18 Nov 2021Listed for Sale $845,000 + GST
- 04 Mar 2021Sold for $820,000
- 11 Feb 2021Listed for Sale $845,000 + GST
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0About Mirboo North 3871
The size of Mirboo North is approximately 96.6 square kilometres. It has 2 parks covering nearly 8% of total area. The population of Mirboo North in 2011 was 2,296 people. By 2016 the population was 2,218 showing a population decline of 3.4% in the area during that time. The predominant age group in Mirboo North is 60-69 years. Households in Mirboo North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mirboo North work in a professional occupation. In 2011, 83.7% of the homes in Mirboo North were owner-occupied compared with 81.2% in 2016.
Mirboo North has 1,260 properties. Over the last 5 years, Houses in Mirboo North have seen a 51.61% increase in median value, while Units have seen a 48.25% increase. As at 30 September 2024:
- The median value for Houses in Mirboo North is $546,403 while the median value for Units is $376,207.
- Houses have a median rent of $400 while Units have a median rent of $270.
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