SOLD
Sold on 16 Oct 2023 for $935,000

12 Churchill Street
Mont Albert VIC 3127

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 205m2
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Sold By
Dean Alexander
Gorman Commercial
Tom Maule
Gorman Commercial
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Property Details for 12 Churchill St, Mont Albert

Building Type
Commercial
Land Size
205m2
Local Government
Whitehorse
Lot/Plan
2/LP7490

Last Listing description (November 2023)

Gorman Allard Shelton is pleased to offer 12 Churchill Street, Mont Albert for private sale.

Acquire this expansive double fronted investment, leased to an existing tenant for a further new 3 year term and with over 8m frontage to Churchill Street.

Key features of this opportunity include:

* Rental: $45,000 pa + GST + outgoings
* New Three (3) year lease to the sitting tenant which will commence March 2024
* Further terms: One (1) further term of three (3) years
* Land area: 200 sqm (approx.)
* Building area: 146 sqm (approx.)
* Zoning: Commercial 1
* R.O.W at rear
* Expansive office/retail premises with on-site parking
* Situated directly opposite the new Mont Albert Village plaza

Strategically located opposite the new Mont Albert Railway Station and proposed Mont Albert Plaza. Set amongst quality local eateries and retailers on one of Melbourne's leading village shopping strips.

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Property History for 12 Churchill St, Mont Albert, VIC 3127

A timeline of how this property has performed in the market
Last Sold
$935,000
16 Oct 2023
  • 16 Oct 2023
    Sold for $935,000
  • 29 Jun 2023
    Listed for Sale SOLD - Price Withheld
  • 03 Dec 2021
    Sold for $1,035,000
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About Mont Albert 3127

The size of Mont Albert is approximately 1.7 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Mont Albert in 2011 was 4,954 people. By 2016 the population was 4,854 showing a population decline of 2.0% in the area during that time. The predominant age group in Mont Albert is 40-49 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation. In 2011, 71.4% of the homes in Mont Albert were owner-occupied compared with 70% in 2016.

Mont Albert has 2,794 properties.

    There are currently 7 properties listed for sale, and no properties listed for rent in Mont albert on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Mont albert.

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