144-148 Main Neerim Rd, Neerim South is a 4 bedroom, 0 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 737m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Neerim South in the last 12 months.
Offering a fantastic opportunity for an investor to capitalize on this unbeatable location! Positioned on a 737m2 allotment, there is great potential to transform this property into a commercial development (STCA) right in the heart of Neerim South.
- Located within the shopping district of Neerim South
- Commercially zoned
The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2011 was 1,193 people. By 2016 the population was 1,302 showing a population growth of 9.1% in the area during that time. The predominant age group in Neerim South is 50-59 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a professional occupation. In 2011, 81.5% of the homes in Neerim South were owner-occupied compared with 82.9% in 2016.
Neerim South has 963 properties. Over the last 5 years, Houses in Neerim South have seen a 30.81% increase in median value, while Units have seen a 46.07% increase. As at 31 July 2024:
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