705 Whitehorse RoadMont Albert VIC 3127
Property Details for 705 Whitehorse Rd, Mont Albert
Last Listing description (October 2021)
POINT OF INTEREST:
A prime mixed use development opportunity, this Whitehorse Road fronted space is nestled in between Mont Albert, Surrey Hills and Box Hill retail precincts. With a 19 metre* frontage situated alongside the bustling 109 tram line, this property is accessible in both nature and location alike. Moments from signature local cafs Mister and Miss and Via Porta, this retail area is teeming with young families, industry professionals and a number of established, wealthy households. Suited for mixed-use purpose across retail, office or residential - development and more, the only certainty in this property is in the value gained.
- Highly desirable Mixed Use Zoning
- Two buildings. Two titles.
- Prime Whitehorse Road frontage.
- Passing income $146,910.87 per annum.
- 109 tram at your doorstep.
- Popular Mont Albert locale.
- Total land area of 794 sqm*.
- 12* private car spaces.
- Air conditioned accommodation.
- Rear right of way access.
- Favourable North South orientation.
701-703 Whitehorse Road
Building area 323sqm*
Land area 546sqm*
705 Whitehorse Road
Building area 154sqm*
Land area 248sqm*
POINT OF VIEW:
The window of opportunity stretches 19 metres across prime Whitehorse Road street frontage. Because the physical state is important, but true real estate sits in the minds of future prospects.
*Approx.
Pricing excludes GST
Property History for 705 Whitehorse Rd, Mont Albert, VIC 3127
- 08 Aug 2024Sold for $2,500,000
- 14 Oct 2021Sold for $1,500,000
- 27 May 2021Listed for Sale Contact Agent
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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. Over the last 5 years, Houses in Mont Albert have seen a 7.66% increase in median value, while Units have seen a 10.49% increase. As at 31 October 2024:
- The median value for Houses in Mont Albert is $2,263,328 while the median value for Units is $835,110.
- Houses have a median rent of $775 while Units have a median rent of $578.
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