OFF MARKET

521-523 Princes Highway
Noble Park VIC 3174

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4450m2
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Property Details for 521-523 Princes Hwy, Noble Park

521-523 Princes Hwy, Noble Park is a 0 bedroom, 0 bathroom Unit. The property has a land size of 4450m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Land Size
4450m2
Local Government
Greater Dandenong
Lot/Plan
PC364365

Last Listing description (July 2023)

Savills is delighted to offer for sale this vacant aged care facility located within Melbourne's rapidly growing south eastern corridor

Key attributes of the property include:

Substantial 4,456sqm* land holding in Melbourne's highly sought after South East
Vacant 60 bed aged care facility comprising of 47 rooms with 13 double & 34 single rooms
19 on site car spaces & a porte cochere
GRZ1 zoning suitable for residential, childcare, medical and education
Ideal for Aged Care, NDIS, disability and specialised housing
Easy access to major south eastern retail hubs including M-City & Chadstone Shopping Centre
Direct access to the CBD & surrounding suburbs via a first class-transport network underpinned by Princes Highway & multiple train stations nearby

*Approximate

SOLD

For further information please contact:

Julian Heatherich - 0412 995 655
James Latos 0422 604 900
Benson Zhou - 0458 488 888

Property History for 521-523 Princes Hwy, Noble Park, VIC 3174

A timeline of how this property has performed in the market
Last Sold
$5,800,000
20 Jul 2023
  • 20 Jul 2023
    Sold for $5,800,000
  • 24 Apr 2023
    Listed for Sale Contact the Melbourne Commercial Site Experts

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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 15,248 properties. Over the last 5 years, Houses in Noble Park have seen a 27.60% increase in median value, while Units have seen a 14.20% increase. As at 31 August 2024:

  • The median value for Houses in Noble Park is $778,692 while the median value for Units is $498,466.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 19 properties listed for rent in Noble park on OnTheHouse. According to CoreLogic's data, 562 properties were sold in the past 12 months in Noble park.

Suburb Insights for Noble Park 3174

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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.