SOLD
Sold on 15 Dec 2023 for $1,560,000

1264 Heatherton Road
Noble Park VIC 3174

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 216m2
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Property Details for 1264 Heatherton Rd, Noble Park

Building Type
Commercial
Floor Size
400m2
Land Size
216m2
Local Government
Greater Dandenong
Lot/Plan
7/LP32332

Last Listing description (August 2020)

• Total Building Area | 370m2*
• Total Land Area | 438m2*
• 6 + 6 + 6 Year Lease

• Current Rental | $60,000 p/a + GST + Outgoings
• Fixed 4% annual increases
• Future Development Potential (STCA)
• Rear access
• Outstanding Main Road Location
• Excellent Retail Freehold Opportunity
• Commercial 1 Zone (C1Z)

For further information or to arrange an inspection please contact one of the exclusive marketing agents:

Theo Karkanis | 0431 391 035
George Kelepouris | 0425 798 677

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

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Property History for 1264 Heatherton Rd, Noble Park, VIC 3174

A timeline of how this property has performed in the market
Last Sold
$1,560,000
15 Dec 2023
Listed for Rent
$958/w
28 Apr 2011
  • 15 Dec 2023
    Sold for $1,560,000
  • 14 May 2020
    Listed for Sale Contact Agent
  • 01 Dec 2017
    Sold for $522,500
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About Noble Park 3174

The size of Noble Park is approximately 8.6 square kilometres. It has 22 parks covering nearly 6% of total area. The population of Noble Park in 2011 was 28,377 people. By 2016 the population was 31,032 showing a population growth of 9.4% in the area during that time. The predominant age group in Noble Park is 20-29 years. Households in Noble Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Noble Park work in a labourer occupation. In 2011, 58.3% of the homes in Noble Park were owner-occupied compared with 54.9% in 2016.

Noble Park has 15,429 properties. Over the last 5 years, Houses in Noble Park have seen a 25.01% increase in median value, while Units have seen a 14.43% increase. As at 31 October 2024:

  • The median value for Houses in Noble Park is $800,565 while the median value for Units is $509,111.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 92 properties listed for sale, and 31 properties listed for rent in Noble park on OnTheHouse. According to CoreLogic's data, 545 properties were sold in the past 12 months in Noble park.

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