9/18-22 Lexia PlaceMulgrave VIC 3170
Property Details for 9/18-22 Lexia Pl, Mulgrave
Last Listing description (November 2023)
Morley is pleased to offer for private sale 9, 18-22 Lexia Place, Mulgrave. An exceptional investment opportunity situated in the highly sought-after commercial and industrial precinct of Mulgrave.
Magnificently presented two-level building.
Securely leased to ATS Global.
Rental: $58,196 per annum.
New 4 year lease.
Annual fixed rental increases.
6 on-site car spaces.
Rear garden courtyard.
Surrounded by some of Australia's largest corporations including Mercedes-Benz Aust & Pfizer.
Property History for 9/18-22 Lexia Pl, Mulgrave, VIC 3170
- 03 Nov 2023Sold for $1,098,000
- 24 Oct 2023Listed for Sale Contact Agent
- 16 Feb 2018Sold for $830,000
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0About Mulgrave 3170
The size of Mulgrave is approximately 10.7 square kilometres. It has 40 parks covering nearly 5.8% of total area. The population of Mulgrave in 2011 was 17,647 people. By 2016 the population was 19,380 showing a population growth of 9.8% in the area during that time. The predominant age group in Mulgrave is 30-39 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a professional occupation. In 2011, 77.3% of the homes in Mulgrave were owner-occupied compared with 75.4% in 2016.
Mulgrave has 9,288 properties. Over the last 5 years, Houses in Mulgrave have seen a 24.33% increase in median value, while Units have seen a 16.68% increase. As at 30 September 2024:
- The median value for Houses in Mulgrave is $1,090,961 while the median value for Units is $827,396.
- Houses have a median rent of $620 while Units have a median rent of $620.
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