474-478 Princes HighwayNoble Park North VIC 3174
Property Details for 474-478 Princes Hwy, Noble Park North
Last Listing description (November 2020)
Knight Frank is pleased to offer 474 Princes Highway, Noble Park for sale.
The property is a highly functional office and warehouse facility situated in a prominent corner location and benefiting from a main road frontage to Princes Highway.
Some of the key benefits include:
- Passing Rental of $292,418 net, per annum
- 7 year lease commencing 8th March 2013
- Leased to a long established tenant
- Refurbished facility over 2 levels
- Building Area: 3,361sqm
- Prominent corner location with Princes Highway frontage
- Located 27 kilometres from the Melbourne CBD
For more information or to organise an inspection please call your Exclusive agents at Knight Frank.
Property History for 474-478 Princes Hwy, Noble Park North, VIC 3174
- 29 May 2024Sold for $7,018,000
- 05 Aug 2015Sold for $3,850,000
- 12 Jun 2015Listed for Sale Contact Agent
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About Noble Park North 3174
The size of Noble Park North is approximately 3.7 square kilometres. It has 11 parks covering nearly 8% of total area. The population of Noble Park North in 2011 was 7,390 people. By 2016 the population was 7,471 showing a population growth of 1.1% in the area during that time. The predominant age group in Noble Park North is 40-49 years. Households in Noble Park North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noble Park North work in a trades occupation. In 2011, 69.6% of the homes in Noble Park North were owner-occupied compared with 70.1% in 2016.
Noble Park North has 3,238 properties. Over the last 5 years, Houses in Noble Park North have seen a 24.24% increase in median value, while Units have seen a 15.66% increase. As at 31 October 2024:
- The median value for Houses in Noble Park North is $767,364 while the median value for Units is $548,721.
- Houses have a median rent of $550 while Units have a median rent of $510.
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