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Sold on 21 Feb 2024 - Price Unavailable

13 Arcade Road
Mont Albert North VIC 3129

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 72m2
Land area: 278m2
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Property Details for 13 Arcade Rd, Mont Albert North

Building Type
Commercial
Floor Size
72m2
Land Size
278m2

Last Listing description (February 2024)

Ray White Commercial Ferntree Gully is delighted to present For Sale, this exciting development opportunity located close to the iconic Box Hill Central and major arterial roads. Total building area is 72 sqm*. Total land area is 264 sqm*.

The property currently consists of a shop front that has been partitioned for offices or consulting rooms, storage areas and a kitchenette. There is also a large storage yard with rear access that holds potential for expansion of the current building or, a knock down and rebuild subject to council approval.

Situated next door to a thriving café, surrounding businesses include an architectural firm and a health and recreation centre, with plenty of client parking available in Access Road. The Eastern Freeway and Box Hill Station are minutes away providing easy admittance to this fantastic location.

• Total Building Area 72 sqm *
• Total Land Area 264 sqm *
• Development Upside (STCA)
• Large Shop Front
• Kitchenette
• Large Storage Yard
• Toilet Facilities
• Rear Access
• Client Parking Nearby
• Excellent Location
• Commercial 1 Zone (C1Z)

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Property History for 13 Arcade Rd, Mont Albert North, VIC 3129

A timeline of how this property has performed in the market
Last Sold
21 Feb 2024
  • 19 Feb 2024
    Sold for $1,012,000
  • 24 Sep 2023
    Listed for Sale Price on Application
  • 29 Dec 1994
    Sold for $90,000
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About Mont Albert North 3129

The size of Mont Albert North is approximately 2.1 square kilometres. It has 10 parks covering nearly 14.4% of total area. The population of Mont Albert North in 2011 was 5,086 people. By 2016 the population was 5,505 showing a population growth of 8.2% in the area during that time. The predominant age group in Mont Albert North is 40-49 years. Households in Mont Albert North are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mont Albert North work in a professional occupation. In 2011, 80.3% of the homes in Mont Albert North were owner-occupied compared with 79% in 2016.

Mont Albert North has 2,714 properties. Over the last 5 years, Houses in Mont Albert North have seen a 3.68% increase in median value, while Units have seen a 10.94% increase. As at 30 November 2024:

  • The median value for Houses in Mont Albert North is $1,538,265 while the median value for Units is $1,066,104.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Mont albert north on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Mont albert north.

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Mitch Rosam
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Nitish Taneja
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Ray White Commercial Ferntree Gully
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