SOLD
Sold on 20 Dec 2023 for $1,590,000

38 Fawkner Road
Pascoe Vale VIC 3044

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 712m2
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Property Details for 38 Fawkner Rd, Pascoe Vale

Building Type
Commercial
Land Size
712m2
Local Government
Merri-Bek
Lot/Plan
1/TP621273

Last Listing description (March 2024)

Situated on a generous land area of 712 sqm, The building itself is spacious and well-maintained, offering ample room for various business ventures.

Inside, you will find a range of features that enhance the functionality and aesthetics of the property. The open floor plan allows for versatile use of the space, the factory area provides additional room for storage or production needs.

The property is also equipped with ample lighting, ensuring a bright and inviting atmosphere for customers and employees alike. Whether you are looking to establish a retail store, a showroom, or even a creative studio, this property offers endless possibilities.

Current leased on a month to month tenancy, this provides you with the option to either invest or occupy.

Located in the vibrant suburb of Pascoe Vale, this property benefits from its convenient location. With easy access to major roads and public transport, your business will enjoy excellent exposure and accessibility.

Don't miss out on this incredible opportunity to secure this rare offering in Pascoe Vale. Contact us to arrange a viewing and make this property your own.

Property History for 38 Fawkner Rd, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$1,590,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $1,590,000
  • 10 Oct 2023
    Listed for Sale Contact Agent
  • 26 May 2017
    Sold for $1,255,650
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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. It has 22 parks covering nearly 7.4% of total area. The population of Pascoe Vale in 2011 was 14,886 people. By 2016 the population was 17,038 showing a population growth of 14.5% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation. In 2011, 67.7% of the homes in Pascoe Vale were owner-occupied compared with 63.1% in 2016.

Pascoe Vale has 9,695 properties. Over the last 5 years, Houses in Pascoe Vale have seen a 17.26% increase in median value, while Units have seen a 10.85% increase. As at 31 October 2024:

  • The median value for Houses in Pascoe Vale is $1,051,180 while the median value for Units is $640,849.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 53 properties listed for sale, and 13 properties listed for rent in Pascoe vale on OnTheHouse. According to CoreLogic's data, 498 properties were sold in the past 12 months in Pascoe vale.

Suburb Insights for Pascoe Vale 3044

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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.