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Sold on 06 Dec 2024 for $700,000

4 Cellana Court
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2184m2
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Assets Real Estate Portland & Heywood
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Property Details for 4 Cellana Ct, Portland

Building Type
Commercial
Land Size
2184m2
Local Government
Glenelg
Lot/Plan
1/LP139482

Last Listing description (December 2024)

Located in one of Portland's prime industrial hubs, 4 Cellana Court presents a rare opportunity on a substantial 2184m allotment. This 552m (approx.) industrial shed is equipped with essential features for a range of business operations, including 3-phase power, reverse cycle heating, and cooling, ensuring year-round comfort and functionality. The property boasts a well-maintained asphalt carpark, two separate offices, a boardroom, and a kitchen, creating an ideal space for a productive work environment. Both men's and ladies' toilets are available for convenience, and a mezzanine floor adds valuable storage or additional workspace. This versatile and well-presented industrial property is an exceptional investment in Portland's thriving industrial precinct.
With additional options to purchase the plant, equipment and stock on a walk in walk out basis, this could be the perfect opportunity to take on your next venture.
For more information on this great opportunity contact Assets Real Estate today!

Property History for 4 Cellana Ct, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$700,000
06 Dec 2024
  • 06 Dec 2024
    Sold for $700,000
  • 30 Oct 2024
    Listed for Sale $695,000 plus GST if applicable
  • 09 Feb 2018
    Sold for $495,000
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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 6,581 properties. Over the last 5 years, Houses in Portland have seen a 66.02% increase in median value, while Units have seen a 17.40% increase. As at 30 November 2024:

  • The median value for Houses in Portland is $394,895 while the median value for Units is $278,104.
  • Houses have a median rent of $450 while Units have a median rent of $385.
There are currently 160 properties listed for sale, and 2 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Portland.

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