40/9 Greg Norman DrivePoint Cook VIC 3030
Property Details for 40/9 Greg Norman Dr, Point Cook
40/9 Greg Norman Dr, Point Cook is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a land size of 184m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Last Listing description (July 2024)
Perfect for a self-managed super fund with secure returns this property is leased to Quest Apartments with rent review 5x5 year options thereafter. The returning rental is currently $20,500 per annum with a 4% increase per annum for the next 4 years. This is not a residential property to owner occupy, this is short term accommodation leased by Quest apartments.
This double storey townhouse features two bedrooms, two bathrooms and a fully equipped kitchen with stainless steel appliances and dishwasher. The open plan kitchen and living open to a spacious rear yard. There are split system conditioning and heating units, under stair storage and an extra storage unit in the carport.
Both bedrooms have balcony access, the main overlooking the golf course and lake.
This apartment presents very well finished with timeless neutral colours. There will be very little wear and tear as clients just come here to rest their head and in turn the appliances and second bedroom/bathroom would be rarely used.
Situated on the 18th hole and the lakes edge you will be easy walking distance to the Sanctuary Lakes Club and a resident's only gym, tennis courts and pool.
If you are looking for a set and forget investment property with excellent returns and increases then look no further than this fantastic affordable opportunity.
Property History for 40/9 Greg Norman Dr, Point Cook, VIC 3030
- 30 Jan 2019Sold for $318,000
- 26 Apr 2017Listed for Sale RECENT SALES
- 11 Mar 2011Sold for $366,300
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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 27,043 properties. Over the last 5 years, Houses in Point Cook have seen a 25.47% increase in median value, while Units have seen a 25.93% increase. As at 30 September 2024:
- The median value for Houses in Point Cook is $819,711 while the median value for Units is $579,722.
- Houses have a median rent of $560 while Units have a median rent of $500.
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