SOLD
Sold on 10 Jul 2024 for $1,500,000

429 Main Road
Montmorency VIC 3094

Bedrooms: 6
Bathrooms: 1
Car spaces: 12
Land area: 1008m2
Sold By
Buckingham and Company Montmorency
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Property Details for 429 Main Rd, Montmorency

Building Type
Commercial
Land Size
1008m2
Local Government
Banyule
Lot/Plan
1/TP335427

Last Listing description (December 2019)

Have the leading edge and secure your business in a premium building.

Nestled amongst the beautiful bushland setting and neat landscaping a stone's throw from Main Road access.

Fantastic opportunity for the professional wanting to expand into a stand alone building where tranquility and a welcoming atmosphere are paramount.

Separate staff facilities with an extra outdoor lounge area creates a comfortable work environment.

Stylish reception and waiting room with plenty of space for product display.

Each of the 5 consulting rooms (plus one pilates/yoga space) are well appointed with ample electrical points, water basins and independent heating and cooling climate control.

Toilet facilities on both levels.


The property consists of 12-onsite parking spaces (including one disabled) in front and at rear of the building with an additional 5 spaces on-street parking.

Convenient access to public transport just steps away.

Split level building allows you to sub-lease the upstairs therapy rooms to a complementary service provider for additional income.

$1322 p/week

To view a Virtual tour, please click on the Virtual Tour heading!

Looking to secure a long term tenant 3-5 years.

Please call Andy for more details.

Property History for 429 Main Rd, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$1,500,000
10 Jul 2024
Listed for Rent
$68k/w
03 Dec 2019
  • 10 Jul 2024
    Sold for $1,500,000
  • 20 Jan 2020
    Sold for $1,300,000
  • 04 Sep 2019
    Listed for Rent $68,000 / year
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About Montmorency 3094

The size of Montmorency is approximately 3.8 square kilometres. It has 18 parks covering nearly 7.1% of total area. The population of Montmorency in 2011 was 8,758 people. By 2016 the population was 8,939 showing a population growth of 2.1% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation. In 2011, 80.1% of the homes in Montmorency were owner-occupied compared with 80.2% in 2016.

Montmorency has 4,491 properties. Over the last 5 years, Houses in Montmorency have seen a 26.46% increase in median value, while Units have seen a 20.17% increase. As at 31 October 2024:

  • The median value for Houses in Montmorency is $1,129,401 while the median value for Units is $798,534.
  • Houses have a median rent of $650 while Units have a median rent of $543.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Montmorency.

Suburb Insights for Montmorency 3094

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.