2/418 Princes HighwayNarre Warren VIC 3805
Property Details for 2/418 Princes Hwy, Narre Warren
Last Listing description (October 2023)
Attention Owner Occupiers
An opportunity now exists to capture the attention of hundreds of cars that pass this ground floor retail office daily.
The office is 215m in area and has a well designed common car park with drive in drive out available onto Webb Street.
The currently partitioned office also includes both male and female toilet and a kitchenette.
- Reliable office opportunities in Narre Warren
- Prime corner, Princes Hwy & Webb Street
- Part of Fountain Gate & Berwick Business Park precincts
- Walk to Webb Street retail outlets and station
- Proven development
- Ideal for private investors or self managed super funds
Enquire at www.faceyproperty.com.au to make your next move.
Property History for 2/418 Princes Hwy, Narre Warren, VIC 3805
- 20 Dec 2023Sold for $1,556,500
- 08 Sep 2023Listed for Sale $1,550,000
- 12 Mar 2013Sold for $1,150,000
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About Narre Warren 3805
The size of Narre Warren is approximately 14 square kilometres. It has 52 parks covering nearly 9% of total area. The population of Narre Warren in 2011 was 25,882 people. By 2016 the population was 26,623 showing a population growth of 2.9% in the area during that time. The predominant age group in Narre Warren is 20-29 years. Households in Narre Warren are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren work in a trades occupation. In 2011, 75.3% of the homes in Narre Warren were owner-occupied compared with 71.7% in 2016.
Narre Warren has 12,081 properties. Over the last 5 years, Houses in Narre Warren have seen a 28.17% increase in median value, while Units have seen a 31.90% increase. As at 31 October 2024:
- The median value for Houses in Narre Warren is $767,399 while the median value for Units is $551,053.
- Houses have a median rent of $550 while Units have a median rent of $500.
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