OFF MARKET

42-50 Buckley Grove
Moolap VIC 3224

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20233m2
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Property Details for 42-50 Buckley Gr, Moolap

Building Type
Land
Land Size
20233m2
Local Government
Greater Geelong
Lot/Plan
1A/PS741367

Last Listing description (March 2019)

Superb opportunity to add to your Investment portfolio in one of Geelongs strongest and tightly held Industrial precincts. With a new three (3) Lease in place with two further options of three each and annual CPI Increases. With enormous future growth and development potential and its close proximity to Geelongs CBD and major arterials the astute investor will be rewarded with an excellent long term investment!
Property Summary:
Returning $61,500 pa + GST + Outgoings

3 year lease from February 2018
2 further options of 3 years each
Annual CPI Increases
Land Area: 4518m2
Building Area: 970m2
Future development opportunities
Zone: Industrial 1

Property History for 42-50 Buckley Gr, Moolap, VIC 3224

A timeline of how this property has performed in the market
Listed for Rent
$43k/w
09 Dec 2023
  • 18 Mar 2019
    Listed for Sale $875,000
  • 20 Sep 2018
    Listed for Sale $875,000

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About Moolap 3224

The size of Moolap is approximately 33.1 square kilometres. It has 7 parks covering nearly 28.7% of total area. The population of Moolap in 2011 was 1,111 people. By 2016 the population was 1,385 showing a population growth of 24.7% in the area during that time. The predominant age group in Moolap is 60-69 years. Households in Moolap are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moolap work in a trades occupation. In 2011, 85.6% of the homes in Moolap were owner-occupied compared with 81% in 2016.

Moolap has 1,476 properties. Over the last 5 years, Houses in Moolap have seen a 46.89% increase in median value, while Units have seen a 15.69% increase. As at 30 November 2024:

  • The median value for Houses in Moolap is $732,091 while the median value for Units is $393,401.
There are currently 2 properties listed for sale, and 1 property listed for rent in Moolap on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Moolap.

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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.