25/25 Worrell StreetNunawading VIC 3131
Property Details for 25/25-A Worrell St, Nunawading
25/25-A Worrell St, Nunawading is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 190m2 and floor size of 116m2.
Last Listing description (January 2019)
Ray White Commercial proudly presents this outstanding opportunity to secure this dual use property within the Eastern growth corridor of Melbourne.
The property offers the following:
Land Area | 190m2 approximately
Total income | $40,592 per annum approximately
Retail Space
Building area | 110m2 approximately
Lease | $20,000 per annum
Term | Two (2) Years
Options | Three (3) Years
Reviews | 3% annually
Level 1
3 bedroom apartment that features 1 bathroom, renovated kitchen with new gourmet appliances, laundry area, heating & cooling, balcony for outside entertaining along with rear off street parking. Currently leased on a 12 month tenancy at $1716 per calendar month.
This property boasts flexibility and affordability for the astute investor to captivate both commercial and residential markets. This is an opportunity that cannot be missed.
Property History for 25/25-A Worrell St, Nunawading, VIC 3131
- 02 Nov 2017Listed for Sale Not Disclosed
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0About Nunawading 3131
The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2011 was 10,945 people. By 2016 the population was 11,863 showing a population growth of 8.4% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation. In 2011, 70.1% of the homes in Nunawading were owner-occupied compared with 68.1% in 2016.
Nunawading has 6,929 properties. Over the last 5 years, Houses in Nunawading have seen a 14.70% increase in median value, while Units have seen a 9.03% increase. As at 31 October 2024:
- The median value for Houses in Nunawading is $1,149,784 while the median value for Units is $704,240.
- Houses have a median rent of $605 while Units have a median rent of $500.
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