25 Fitzgerald StreetPortland VIC 3305
Property Details for 25 Fitzgerald St, Portland
Last Listing description (June 2024)
Located at 25 Fitzgerald Street in Portland, this property presents an exceptional investment opportunity in the industrial sector. Boasting a long-standing tenant with a solid lease agreement in position, this industrial package offers stability and reliable income streams. The centrepiece of the property is a spacious 288-square-meter shed with high clearance designed to incorporate both office space and storage, catering to diverse business needs. The substantial 1141-square-meter allotment also ensures ample space for operations and expansion if desired.
For more information contact Assets Real Estate on 5522 3333.
Property History for 25 Fitzgerald St, Portland, VIC 3305
- 28 May 2024Sold for $345,000
- 22 Feb 2024Listed for Sale $365,000
- 12 Mar 2021Transferred
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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 6,577 properties. Over the last 5 years, Houses in Portland have seen a 63.79% increase in median value, while Units have seen a 41.95% increase. As at 31 October 2024:
- The median value for Houses in Portland is $384,561 while the median value for Units is $277,420.
- Houses have a median rent of $450 while Units have a median rent of $375.
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