SOLD
Sold on 10 Apr 2024 for $396,000

10/1 Ricketts Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 76m2
Land area: 10400m2
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Property Details for 10/1 Ricketts Rd, Mount Waverley

Building Type
Commercial
Floor Size
76m2
Land Size
10400m2
Local Government
Monash
Lot/Plan
8/PS509881

Last Listing description (August 2023)

Exceptional opportunity to acquire this office suite with short term income within a modern office development.

Key details of this opportunity include:

* Building area: 75 sqm approx.

* Three (3) standalone car spaces
* Quality fit-out comprising reception, meeting room, two (2) offices and tea point/kitchenette
* Excellent condition throughout
* Excellent natural light and northern aspect
* Income: $28,122 + GST
* Leased to November 2023
* Unbeatable access to the Monash Freeway

Ideally located within this modern office complex on the first floor. Elevators service every floor as well as access to bathroom amenities. The property enjoys unbeatable access to the Monash Freeway via Forster Road on/off ramp and is within proximity to a number of major arterial routes.

Property History for 10/1 Ricketts Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$396,000
10 Apr 2024
Listed for Rent
$26k/w
02 Oct 2019
  • 10 Apr 2024
    Sold for $396,000
  • 01 Aug 2023
    Listed for Sale Contact Agent
  • 19 Jun 2019
    Listed for Rent $26,000 / year
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About Mount Waverley 3149

The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2011 was 32,077 people. By 2016 the population was 33,613 showing a population growth of 4.8% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation. In 2011, 76.8% of the homes in Mount Waverley were owner-occupied compared with 74.2% in 2016.

Mount Waverley has 17,536 properties. Over the last 5 years, Houses in Mount Waverley have seen a 22.51% increase in median value, while Units have seen a 19.94% increase. As at 31 October 2024:

  • The median value for Houses in Mount Waverley is $1,649,002 while the median value for Units is $1,127,316.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 79 properties listed for sale, and 40 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 618 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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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.