SOLD
Sold on 13 Sep 2023 for $1,910,000

74A Percy Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 239m2
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Property Details for 74a Percy St, Portland

74a Percy St, Portland is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 239m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom Unit sold in Portland in the last 12 months.

Building Type
Unit
Floor Size
124m2
Land Size
239m2
Local Government
Glenelg
Lot/Plan
2/TP398493

Last Listing description (May 2019)

This stunning salon is ready for a new owner, a new name or a savvy investor.
With 8 salon chairs, the current owner is open to selling the business as is or for those that want to build their own dream business, simply selling all the equipment, fixtures and fittings (stock of exclusive Organic Way optional) so the purchaser can walk straight in and set up there own salon - ALL THE RENOVATIONS HAVE BEEN DONE!!!*
For the investor - this business boasts a HUGE clientele with 3 reputable hairdressers willing to stay on in a chair "Rent A Chair Agreement", this is a rare opportunity to walk in, walk out and own your own reputable and established business.

With all stock and equipment included such as new luxury reclining massage chairs, new flooring, front desk, 8 stations with chairs, mirrors and 2 basins, this superbly located business has been a result of many years of hard work and includes a kitchenette, storeroom and private powder room.
Current lease is month by month with the option to renew further.
The current owner is VERY flexible - this is a rare opportunity to take on a business, create your own flare or simply invest in a successful business plan.

Property History for 74a Percy St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$1,910,000
13 Sep 2023
Listed for Rent
$150/w
05 Jan 2019
  • 13 Sep 2023
    Sold for $1,910,000
  • 30 Apr 2019
    Listed for Sale $65,000 WIWO*
  • 07 Dec 2018
    Listed for Rent - Price not available
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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 6,562 properties. Over the last 5 years, Houses in Portland have seen a 77.78% increase in median value, while Units have seen a 29.97% increase. As at 31 July 2024:

  • The median value for Houses in Portland is $384,680 while the median value for Units is $245,918.
  • Houses have a median rent of $430 while Units have a median rent of $350.
There are currently 166 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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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.