SOLD
Sold on 04 Mar 2024 for $750,000

2 Morrell Street
Mooroopna VIC 3629

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 494m2
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Property Details for 2 Morrell St, Mooroopna

Building Type
Commercial
Land Size
494m2
Local Government
Greater Shepparton
Lot/Plan
1/PS615710

Last Listing description (August 2017)

Secure 15 year lease to 2022 plus options to 2032
Leased to Australian Liquor Marketers (ALM), Australia s largest broad range liquor wholesaler and Metcash Limited subsidiary
Metcash Limited: Top 200 ASX Listed company with $2.1 billion market cap

Annual rent reviews/Tenant pays usual outgoings
Premium Commercial 1 Zone landholding
Positioned perfect at the entrance to council car park and neighbouring Australia Post, ANZ, NAB, Mooroopna Hardware, Tyrepower and Mooroopna Fresh Produce
Mooroopna: Suburb of Greater Shepparton, capital of Australia s Food Bowl , trade catchment of circa 10,000
Rent: $42,242 pa
Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne

Property History for 2 Morrell St, Mooroopna, VIC 3629

A timeline of how this property has performed in the market
Last Sold
$750,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $750,000
  • 28 Jun 2017
    Sold for $670,000
  • 31 May 2017
    Listed for Sale Price on Request
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About Mooroopna 3629

The size of Mooroopna is approximately 37.7 square kilometres. It has 24 parks covering nearly 18.9% of total area. The population of Mooroopna in 2011 was 7,813 people. By 2016 the population was 7,924 showing a population growth of 1.4% in the area during that time. The predominant age group in Mooroopna is 60-69 years. Households in Mooroopna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mooroopna work in a labourer occupation. In 2011, 64.1% of the homes in Mooroopna were owner-occupied compared with 63.3% in 2016.

Mooroopna has 4,314 properties. Over the last 5 years, Houses in Mooroopna have seen a 63.75% increase in median value, while Units have seen a 78.64% increase. As at 30 November 2024:

  • The median value for Houses in Mooroopna is $394,792 while the median value for Units is $325,629.
  • Houses have a median rent of $495 while Units have a median rent of $330.
There are currently 37 properties listed for sale, and 9 properties listed for rent in Mooroopna on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Mooroopna.

Suburb Insights for Mooroopna 3629

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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.