SOLD
Sold on 23 Mar 2024 for $810,700

81 Hoffmans Road
Niddrie VIC 3042

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 130m2
Land area: 188m2
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Property Details for 81 Hoffmans Rd, Niddrie

Building Type
Commercial
Floor Size
130m2
Land Size
188m2
Local Government
Moonee Valley
Lot/Plan
4/LP27864

Last Listing description (September 2024)

This amazing open plan space is ready to be utilised from retail shop front to office, making it ideal for numerous business purposes. With approximately 60 sqm, it's a fantastic blank canvas for you to play with. The Essentials:- Shopfront- Bathroom and kitchen amenities- Rear access- Generous site with two or more car parksThe Extras:- Split-system air conditioning- Surrounded by major amenities- High-traffic location- Possible outdoor areaThe Village:Situated in sought-after excellent exposure on busy Hoffmans Road, within proximity to Keilor Road and Buckley Street shopping precinct. The Numbers:Contact Agent to discuss price and outgoingsThe Inspection:Inspections by appointment upon request.Pennisi Real Estate wishes you every success with your property hunt!For more information on this property, or to chat about one of the many other commercial properties we have available please call or email us today.

Property History for 81 Hoffmans Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$810,700
23 Mar 2024
  • 01 Jul 2024
    Listed for Rent - Price not available
  • 23 Mar 2024
    Sold for $810,700
  • 20 Sep 2023
    Listed for Sale $800,000 Indicative Selling Price By Pennisi
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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 3,137 properties. Over the last 5 years, Houses in Niddrie have seen a 28.89% increase in median value, while Units have seen a 9.44% increase. As at 31 August 2024:

  • The median value for Houses in Niddrie is $1,228,523 while the median value for Units is $725,971.
  • Houses have a median rent of $658 while Units have a median rent of $595.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Niddrie on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Niddrie.

Suburb Insights for Niddrie 3042

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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.