SOLD
Sold on 24 Nov 2023 for $335,500

1/6 Hotham Road
Niddrie VIC 3042

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 619m2
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Sold By
Mcdonald Upton Essendon
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Property Details for 1/6 Hotham Rd, Niddrie

Building Type
Commercial
Year Built
2013
Floor Size
58m2
Land Size
619m2
Local Government
Moonee Valley
Lot/Plan
1/PS711010

Last Listing description (January 2024)

Need your own space but not too much space? This fantastic, as new, office has its own street frontage, loads of public parking and is close to tram and airports.
The property will suit one or two people and consists of a main room, a second smaller room, a kitchenette and a toilet suitable for disabled use.
A separate car space is housed in the secure under building garage.

Will suit a host of commercial activities including office, beauty, allied health and much more.

Affordable and ideal as an investment OR owner occupied premises.

For more details contact Sheryl Upton on 0407528228

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Property History for 1/6 Hotham Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$335,500
24 Nov 2023
Listed for Rent
$287/w
07 Jun 2017
  • 24 Nov 2023
    Sold for $335,500
  • 02 Aug 2023
    Listed for Sale $340,000
  • 20 Mar 2017
    Listed for Rent - Price not available

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About Niddrie 3042

The size of Niddrie is approximately 1.9 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Niddrie in 2011 was 4,874 people. By 2016 the population was 5,455 showing a population growth of 11.9% in the area during that time. The predominant age group in Niddrie is 40-49 years. Households in Niddrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Niddrie work in a professional occupation. In 2011, 76.2% of the homes in Niddrie were owner-occupied compared with 73% in 2016.

Niddrie has 3,133 properties. Over the last 5 years, Houses in Niddrie have seen a 15.54% increase in median value, while Units have seen a 7.09% increase. As at 31 October 2024:

  • The median value for Houses in Niddrie is $1,188,741 while the median value for Units is $728,804.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 21 properties listed for sale, and 8 properties listed for rent in Niddrie on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Niddrie.

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