OFF MARKET

2/1016 Mornington-Flinders Road
Red Hill VIC 3937

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1003m2
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Property Details for 2/1016 Mornington-Flinders Rd, Red Hill

Building Type
Commercial
Land Size
1003m2
Local Government
Mornington Peninsula

Last Listing description (October 2020)

Recently renovated this open plan bright shop offers a blank canvass for you to start growing and run your business in this exclusive retail strip.

With over 3,000* vehicles passing daily and nestled amongst quality tenants this neat and tidy shop ticks all the boxes.

Key features include:

* Building area 65sqm*
* Onsite toilet and hand basin
* Generous frontage to Mornington-Flinders Road
* Bright and airy tenancy with a beautiful treelined outlook
* Access to off-street parking

Opposite Red Hill Consolidated School, Red Hill Wine Collective, Red Hill Spa, Nordie, Miss Green & Zaboo Hair

As the main thoroughfare between Red Hill, Main Ridge and Flinders this shop is perfectly positioned to capture the interest of locals and holiday makers.

For further information or to arrange an inspection, please contact:

Jamie Stuart - 0412 565 562
Tanya Scagliarini - 0438 289 859

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Property History for 2/1016 Mornington-Flinders Rd, Red Hill, VIC 3937

A timeline of how this property has performed in the market
Listed for Rent
20 Oct 2020
  • 05 May 2020
    Listed for Rent - Price not available
  • 27 Jun 2019
    Listed for Rent $29,040 / month

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About Red Hill 3937

The size of Red Hill is approximately 23.5 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Red Hill in 2011 was 734 people. By 2016 the population was 915 showing a population growth of 24.7% in the area during that time. The predominant age group in Red Hill is 60-69 years. Households in Red Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 82.8% of the homes in Red Hill were owner-occupied compared with 81.7% in 2016.

Red Hill has 628 properties. Over the last 5 years, Houses in Red Hill have seen a 11.56% increase in median value, while Units have seen a 51.50% increase. As at 31 October 2024:

  • The median value for Houses in Red Hill is $2,612,658 while the median value for Units is $1,892,659.
  • Houses have a median rent of $780.
There are currently 6 properties listed for sale, and 1 property listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 3937

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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.