81 Hoffmans RoadNiddrie VIC 3042
Property Details for 81 Hoffmans Rd, Niddrie
Last Listing description (December 2023)
PRIVATE NEGOTIATION BY PENNISI
A rare opportunity for the investor or owner occupier in this prime blue-chip location.
This versatile property offers excellent exposure on busy Hoffmans Road.
Gross building area: 60 sqm
The Essentials:
Shopfront
Bathroom and kitchen amenities
Split-system air conditioning
Rear access
Generous site with two or more car parks.
Possible outdoor area
The Extras:
Surrounded by major amenities
High traffic location
Suits a variety of uses including office, hospitality, retail, and wellness.
Offered with vacant possession.
The Clincher:
Properties such as these do not come around very often.
The Inspection:
If you are satisfied with the photos and location, and in a position to purchase broadly within the indicated price, please contact Emily Taurins-Gilbert or Andrew Pennisi to arrange a private one-on-one inspection.
Pennisi Real Estate Essendon wishes you every success with your property hunt!
Property History for 81 Hoffmans Rd, Niddrie, VIC 3042
- 20 Sep 2023Listed for Sale $800,000 Indicative Selling Price By Pennisi
- 19 Feb 2008Listed for Sale Not Disclosed
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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 3,154 properties. Over the last 5 years, Houses in Niddrie have seen a 8.96% increase in median value, while Units have seen a 13.83% increase. As at 30 November 2024:
- The median value for Houses in Niddrie is $1,189,880 while the median value for Units is $756,794.
- Houses have a median rent of $675 while Units have a median rent of $600.
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