Fantastic Investment Opportunity!
Double fronted Commercial/Residential property with absolute Princes Highway frontage. The building is currently being leased as a Cafe/Restaurant. This is a fantastic opportunity for the savvy investor. Lage allotment with Commercial 1 zoning.
The size of Rosedale is approximately 207 square kilometres. It has 14 parks covering nearly 24.9% of total area. The population of Rosedale in 2011 was 1,599 people. By 2016 the population was 1,660 showing a population growth of 3.8% in the area during that time. The predominant age group in Rosedale is 60-69 years. Households in Rosedale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rosedale work in a trades occupation. In 2011, 77.9% of the homes in Rosedale were owner-occupied compared with 75.8% in 2016.
Rosedale has 1,155 properties. Over the last 5 years, Houses in Rosedale have seen a 79.42% increase in median value, while Units have seen a 36.95% increase. As at 31 October 2024:
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