SOLD
Sold on 27 Mar 2024 for $1,888,888

1233 Point Nepean Road
Rosebud VIC 3939

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 833m2
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Property Details for 1233 Point Nepean Rd, Rosebud

Building Type
Commercial
Land Size
833m2
Local Government
Mornington Peninsula
Lot/Plan
15A/PP3730A

Last Listing description (November 2019)

An investors dream, well positioned on Point Nepean Road. The land area of 873sqm* is accompanied by a quality medical premises offering 5 consulting room with dual crossovers making it easy for patient access and allows further scope for redevelopment. Leased to renowned podiatry clinic 'Peninsula Foot Clinic'

Key features include:


* New long term lease of 5x5x5 years (as at 1st July 2019)
* Secure income of $84,000 PA (net) with annual increases
* Significant future mixed use development opportunity (STMA)
* Generous frontage of 17.39m* to Point Nepean Road
* 10 onsite car parks
* Tenant has been in occupation in this property for 21 years
* An investment that ticks all the boxes with future upside

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

Jamie Stuart - 0412 565 562
Tom Crowder - 0438 670 300

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.

*Denotes Approx.

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Property History for 1233 Point Nepean Rd, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$1,888,888
27 Mar 2024
  • 27 Mar 2024
    Sold for $1,888,888
  • 01 Nov 2019
    Sold for $1,775,000
  • 26 Sep 2019
    Listed for Sale Contact Agent
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About Rosebud 3939

The size of Rosebud is approximately 17.1 square kilometres. It has 36 parks covering nearly 26.1% of total area. The population of Rosebud in 2011 was 12,501 people. By 2016 the population was 13,188 showing a population growth of 5.5% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation. In 2011, 68.9% of the homes in Rosebud were owner-occupied compared with 67.9% in 2016.

Rosebud has 10,739 properties. Over the last 5 years, Houses in Rosebud have seen a 35.74% increase in median value, while Units have seen a 30.98% increase. As at 30 September 2024:

  • The median value for Houses in Rosebud is $767,703 while the median value for Units is $645,736.
  • Houses have a median rent of $525 while Units have a median rent of $550.
There are currently 84 properties listed for sale, and 16 properties listed for rent in Rosebud on OnTheHouse. According to CoreLogic's data, 417 properties were sold in the past 12 months in Rosebud.

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