9-11 The Esplanade North Shore VIC 3214
Property Details for 9-11 The Esplanade, North Shore
Last Listing description (November 2012)
557m2 - DEVELOPMENT SITE - 1st of 2 AUCTIONS - Sat 17th Nov 2012, 11:00am
9 & 11 The Esplanade, North Shore is a combined industrial allotment of approximately 1,223m2.
With no existing shedding, these allotments present as an ideal development site.
Combined rental of $5,720.16 + GST (inclusive of outgoings).
The property has the benefit of its location being adjacent to a main road with easy access to transport routes. It is less than a 15 min drive into the Geelong CBD, and is zoned Industrial 2 under the City of Greater Geelong Planning Scheme.
Businesses looking to be close to the port and those in need of significant yard space should also look seriously at these properties.
Combined with 11 The Esplanade (646m2) the site has an ideal zoning for a multi-warehouse development.
Dual street frontage adds to its appeal.
Currently tenanted on a monthly basis, the property will be Auctioned on a “Going Concern Basis” - ie. No GST will be payable on the sales price.
For sale by Public Auction, these properties are available separately, or purchase both for maximum potential.
Property: 9 The Esplanade
Rental: $2,860.08 + GST (inclusive of outgoings) - periodic tenancy
Area: corner allotment of 557m2
Zoned: Industrial 2
Auction: Sat 17th Nov 2012, 11:00am
Property History for 9-11 The Esplanade, North Shore, VIC 3214
- 17 Nov 2012Sold for $285,000
- 15 Oct 2011Listed for Sale Not Disclosed
- 28 Nov 2009Listed for Rent - Price not available
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0About North Shore 3214
The size of North Shore is approximately 2.3 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of North Shore in 2011 was 355 people. By 2016 the population was 360 showing a population growth of 1.4% in the area during that time. The predominant age group in North Shore is 40-49 years. Households in North Shore are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Shore work in a professional occupation. In 2011, 55% of the homes in North Shore were owner-occupied compared with 55% in 2016.
North Shore has 433 properties. Over the last 5 years, Houses in North Shore have seen a 38.46% increase in median value, while Units have seen a 26.59% increase. As at 30 September 2024:
- The median value for Houses in North Shore is $489,798 while the median value for Units is $463,941.
- Houses have a median rent of $485 while Units have a median rent of $330.
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