OFF MARKET

3 Jetty Road
Rosebud VIC 3939

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1154m2
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Property Details for 3 Jetty Rd, Rosebud

Building Type
Commercial
Land Size
1154m2
Local Government
Mornington Peninsula
Lot/Plan
CP162818

Last Listing description (October 2023)

Key Investment Highlights
+ Renewed three (3) year lease to the Commonwealth of Australia to 2025 plus option to 2028.
+ Centrelink: Essential Service Federal Government welfare department.

+ An important and strategic Centrelink office supporting the greater Mornington Peninsula region.
+ Assured rental growth through fixed annual 3.5% increases.
+ Modern 701sqm* Centrelink and Medicare facility, secured by Federal Government Income.
+Substantial refurbishments and upgrades completed in November 2022.
+Significant 1,154sqm* site with premium Commercial 1 zoning as well as 8 carparks on-title.
+Easily managed, single tenanted investment.
+ Thriving central education, hospitality and retail position with Rosebud Pier, Rosebud Primary, Woolworths, BWS, Coles, McDonalds and other service providers all within 500m*.
+ Rosebud: Fast growing and popular Mornington Peninsula location with easy access to suburbs and Melbourne CBD.
+ Mornington Peninsula: A Victorian tourist mecca with a growing population of 172,235**
+ Estimated Net Income: $301,321 pa + GST*
To be sold by Investment Portfolio Auction160
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
*approx
** forecast id.

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Property History for 3 Jetty Rd, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$4,415,000
13 Sep 2017
  • 01 Mar 2023
    Listed for Sale Price on Request
  • 13 Sep 2017
    Sold for $4,415,000
  • 11 Jul 2017
    Listed for Sale Not Disclosed
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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 10,846 properties. Over the last 5 years, Houses in Rosebud have seen a 32.07% increase in median value, while Units have seen a 27.70% increase. As at 30 November 2024:

  • The median value for Houses in Rosebud is $763,410 while the median value for Units is $664,261.
  • Houses have a median rent of $530 while Units have a median rent of $560.
There are currently 84 properties listed for sale, and 16 properties listed for rent in Rosebud on OnTheHouse. According to CoreLogic's data, 409 properties were sold in the past 12 months in Rosebud.

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