SOLD
Sold on 19 Sep 2024 for $1,000,000

8 Hillingdon Place
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 104m2
Land area: 120m2
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Property Details for 8 Hillingdon Pl, Prahran

Building Type
Commercial
Floor Size
104m2
Land Size
120m2
Local Government
Stonnington
Lot/Plan
2/PS441193

Last Listing description (October 2016)

Situated next to the Red Tulip development.
Only metres from High Street & Chapel Street.
Building Area: 104sqm (approx).

Predominantly open plan plus boardroom.
Heating/Cooling.
Natural Light.
Style & quality throughout.
4 undercover car spaces.
Rent $36,000 per annum plus GST plus Outgoings.
ESTIMATE OF OUTGOINGS PER ANNUM:(approx)
Council Rates $2000
Insurance $2000
Fixed Water Rates $800 plus usage
Fire & essential services $300
Available Now
Transfer of Lease
- Current lease expires 14/12/17
- option term one further term of (3) three years
- annual reviews
Note: owner may consider a new lease to an approved tenant on agreed terms

Property History for 8 Hillingdon Pl, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$1,000,000
19 Sep 2024
Listed for Rent
$690/w
24 Aug 2016
  • 19 Sep 2024
    Sold for $1,000,000
  • 02 Apr 2019
    Transferred
  • 21 Jul 2016
    Listed for Rent - Price not available
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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.

Prahran has 10,545 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:

  • The median value for Houses in Prahran is $1,718,651 while the median value for Units is $555,773.
  • Houses have a median rent of $760 while Units have a median rent of $525.
There are currently 31 properties listed for sale, and 16 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 495 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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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.