SUPERB AFFORDABLE INVESTMENT
IMMACULATE NEAR NEW INVESTMENT PROPERTY IN THRIVING MOOROOLBARK SHOPPING DISTRICT. LEASED TO CHOOKO GRILL BAR FOR FIVE (5) YEARS, COMMENCING 1ST APRIL 2006 WITH TWO FURTHER TERMS OF FIVE (5) YEARS.
INVESTMENT RETURN: $32,403.80 PLUS GST PLUS OUTGOINGS
The size of Mooroolbark is approximately 12.4 square kilometres. It has 44 parks covering nearly 8.7% of total area. The population of Mooroolbark in 2011 was 20,689 people. By 2016 the population was 21,968 showing a population growth of 6.2% in the area during that time. The predominant age group in Mooroolbark is 20-29 years. Households in Mooroolbark are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mooroolbark work in a trades occupation. In 2011, 80.2% of the homes in Mooroolbark were owner-occupied compared with 78.8% in 2016.
Mooroolbark has 10,351 properties. Over the last 5 years, Houses in Mooroolbark have seen a 27.10% increase in median value, while Units have seen a 24.45% increase. As at 31 October 2024:
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