OFF MARKET

118 Puckle Street
Moonee Ponds VIC 3039

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 195m2
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Property Details for 118 Puckle St, Moonee Ponds

Building Type
Commercial
Land Size
195m2
Local Government
Moonee Valley
Lot/Plan
3/LP34500

Last Listing description (September 2023)

Situated on the preferred north side of one of Melbourne's most active retail precincts is this fully leased two level retail investment presently returning $78,000 pa* net + GST.

A perfect opportunity for investors looking for a high-profile property in a very popular retail strip centre.

Land area: 195 sqm*

Building area: 240 sqm*

Zoning: Activity Centre

Tenant: Phoenicia Receptions Pty Ltd t/a Dolce Vita on Puckle

Current term of 5 x years from November 2020

Two (2) further 5 x year options

Rent: $78,000* p.a. net + GST with annual 4% increases

Tenant pays all usual outgoings

For sale via Auction on Tuesday 5th September from 11am at Leonda By The Yarra, Hawthorn.

For further details contact the exclusive sales agents at Gross Waddell ICR or Gary Peer.

*Approx.

Property History for 118 Puckle St, Moonee Ponds, VIC 3039

A timeline of how this property has performed in the market
Last Sold
$1,600,000
05 Sep 2023
  • 05 Sep 2023
    Sold for $1,600,000
  • 10 Aug 2023
    Listed for Sale Contact Agent
  • 12 Aug 2002
    Transferred

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About Moonee Ponds 3039

The size of Moonee Ponds is approximately 4.4 square kilometres. It has 20 parks covering nearly 17% of total area. The population of Moonee Ponds in 2011 was 13,531 people. By 2016 the population was 14,256 showing a population growth of 5.4% in the area during that time. The predominant age group in Moonee Ponds is 30-39 years. Households in Moonee Ponds are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moonee Ponds work in a professional occupation. In 2011, 64.5% of the homes in Moonee Ponds were owner-occupied compared with 60.3% in 2016.

Moonee Ponds has 10,493 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 24.91% increase in median value, while Units have seen a 11.16% increase. As at 30 September 2024:

  • The median value for Houses in Moonee Ponds is $1,556,312 while the median value for Units is $583,745.
  • Houses have a median rent of $675 while Units have a median rent of $540.
There are currently 26 properties listed for sale, and 21 properties listed for rent in Moonee ponds on OnTheHouse. According to CoreLogic's data, 455 properties were sold in the past 12 months in Moonee ponds.

Suburb Insights for Moonee Ponds 3039

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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.