SOLD
Sold on 11 Oct 2023 for $1,400,000

354 Keilor Road
Niddrie VIC 3042

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 130m2
Land area: 186m2
Sold By
Jake Jenkins
Nelson Alexander Commercial
Kristian Lunardi
Nelson Alexander Commercial
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Property Details for 354 Keilor Rd, Niddrie

Building Type
Commercial
Floor Size
130m2
Land Size
186m2
Local Government
Moonee Valley
Lot/Plan
46/LP26084

Last Listing description (October 2023)

Nelson Alexander Commercial are delighted to offer For Sale 354 Keilor Road Niddrie. Prominently located in the bustling Keilor Road retail strip surrounded by several well established local and national tenants. And securely leased to local favourite and extremely popular 'Niddrie Pho', this is a prime set and forget investment opportunity.

Key Property Features:

> Generous land size of 186sqm* with rear access and space for two cars

> Versatile floor area of 122sqm* with future redevelopment potential (STCA)
> Securely leased to Niddrie Pho with a current net rental of $68,870pa* and yearly increases in line with CPI
> Favourable Commercial 1 zoning and rear access with parking for up to two cars
> Excellent exposure to Keilor Road and passing foot traffic in arguably the busiest section of this established retail strip
> Surrounded by neighbouring national retailers, immediate access to public transport and major arterials

For all enquiries or to arrange an inspection, please contact exclusive agents Nelson Alexander Commercial.

+Kristian Lunardi 0401 810 556
+Jake Jenkins 0438 042 546

*approx.

Property History for 354 Keilor Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$1,400,000
11 Oct 2023
Listed for Rent
$1.25k/w
12 Aug 2014
  • 11 Oct 2023
    Sold for $1,400,000
  • 23 Aug 2023
    Listed for Sale Contact Agent
  • 12 Aug 2014
    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 3,138 properties.

    There are currently 11 properties listed for sale, and 8 properties listed for rent in Niddrie on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Niddrie.

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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.