11/9 Greg Norman DrivePoint Cook VIC 3030
Property Details for 11/9 Greg Norman Dr, Point Cook
11/9 Greg Norman Dr, Point Cook is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 192m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (April 2019)
PRICED FOR IMMEDIATE SALE!!
Only 20 minutes from the Melbourne CBD and surrounded by
Under long term lease to Quest:
Current Rent - $436 per week ($22,713 per annum)
Return: 7.44% Gross- 5.72% NET **
Scheduled rent Increases as follows:
Jan 2020- +4%= 7.74% Gross - 5.95% gross
Jan 2021 +4%= 8.05% Gross- 6.19% Net
Lease Terms: Lease to 21/01/2022 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next review due 2022)
On its own title, complete with backyard, Double story townhouse style, featuring 2 bedrooms, 2 bathrooms including en-suite, carport, stainless steel appliances,dishwasher, separate laundry and 2 balconies.
Located within Sanctuary Lakes Resort where guests have access to the Sanctuary lakes indoor swimming pool, spa, sauna, gym and tennis courts, all only moments from the main shopping centre.
Approximate Owner Outgoings:
Council Rates: $780 per annum approx
Water Rates: $720 per annum approx
Body Corporate Fees: $3744 per annum approx**
**The body corporate fees quoted includes a $610 per annum rebate payable by the tenant. ***
Property History for 11/9 Greg Norman Dr, Point Cook, VIC 3030
- 03 Mar 2019Sold for $305,000
- 03 Dec 2018Listed for Sale Not Disclosed
- 14 Dec 2017Sold for $290,000
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About Point Cook 3030
The size of Point Cook is approximately 38.9 square kilometres. It has 97 parks covering nearly 27.7% of total area. The population of Point Cook in 2011 was 32,413 people. By 2016 the population was 49,942 showing a population growth of 54.1% in the area during that time. The predominant age group in Point Cook is 30-39 years. Households in Point Cook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Cook work in a professional occupation. In 2011, 73.6% of the homes in Point Cook were owner-occupied compared with 67.4% in 2016.
Point Cook has 27,041 properties. Over the last 5 years, Houses in Point Cook have seen a 26.60% increase in median value, while Units have seen a 22.14% increase. As at 31 July 2024:
- The median value for Houses in Point Cook is $815,346 while the median value for Units is $561,965.
- Houses have a median rent of $560 while Units have a median rent of $495.
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