1522 Mt Dandenong Tourist RoadOlinda VIC 3788
Property Details for 1522 Mt Dandenong Tourist Rd, Olinda
1522 Mt Dandenong Tourist Rd, Olinda is a 2 bedroom, 1 bathroom House. The property has a land size of 373m2. While the property is not currently for sale or for rent, it was last sold in December 2013.
Last Listing description (January 2014)
BLUE CHIP TENANT
This modern well maintained premise is a bankable investment secured by a long term lease from a quality tenant.
Current Rent $40,920 per annum with 3% annual increases
Ground level 155m sq approx. Upper level 85m sq approx.
Land size 335m sq approx.
Ample parking
Tightly held strip with low vacancy
Rear access for deliveries
Never a better opportunity, call now for further information.
Property History for 1522 Mt Dandenong Tourist Rd, Olinda, VIC 3788
- 09 Dec 2013Sold for $755,700
- 21 Oct 2013Listed for Sale OFFERS ABOVE $675,000 PLUS GST
- 31 Mar 2003Sold for $500,000
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0About Olinda 3788
The size of Olinda is approximately 17.9 square kilometres. It has 23 parks covering nearly 101.6% of total area. The population of Olinda in 2011 was 1,663 people. By 2016 the population was 1,749 showing a population growth of 5.2% in the area during that time. The predominant age group in Olinda is 40-49 years. Households in Olinda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Olinda work in a professional occupation. In 2011, 84.6% of the homes in Olinda were owner-occupied compared with 82.9% in 2016.
Olinda has 969 properties. Over the last 5 years, Houses in Olinda have seen a 36.82% increase in median value, while Units have seen a 74.41% increase. As at 31 October 2024:
- The median value for Houses in Olinda is $1,093,648 while the median value for Units is $1,029,237.
- Houses have a median rent of $700.
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