SOLD
RECENT ADVICE
Sold on 24 Nov 2023 for $430,000

11 Cellana Court
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 620m2
Land area: 1973m2
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Property Details for 11 Cellana Ct, Portland

Building Type
Commercial
Floor Size
620m2
Land Size
1973m2
Local Government
Glenelg
Lot/Plan
8/LP135510

Last Listing description (November 2023)

This commercial building is located in a thriving industrial area.
The land size is 1973m2 with the office and shed space being approximately 620m2 with ample room for parking and loading on site.
Fitted out with 3 offices, a shopfront with a reception area, a tea room, amenities, storage and a mezzanine floor.

With long term National tenants in place, this is a great opportunity to purchase a set and forget investment.
The building has been well maintained and includes a kitchen upgrade and more recently a new office, carpet and painting & reverse cycle heating and cooling.
For more information contact our experienced agents today on 55223333.

Property History for 11 Cellana Ct, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$430,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $430,000
  • 09 Oct 2023
    Listed for Sale $420,000
  • 19 Sep 1990
    Sold for $45,000

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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% in the area during that time. The predominant age group in Portland is 50-59 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a trades occupation. In 2011, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.

Portland has 6,563 properties. Over the last 5 years, Houses in Portland have seen a 65.80% increase in median value, while Units have seen a 40.03% increase. As at 30 September 2024:

  • The median value for Houses in Portland is $389,963 while the median value for Units is $267,575.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 163 properties listed for sale, and 3 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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Angie Steel
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Assets Real Estate Portland
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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.