196-198 York StreetSale VIC 3850
Property Details for 196-198 York St, Sale
Last Listing description (August 2024)
This outstanding commercial site set in a prominent section of York Street, Sale (Princes Highway) represents the last opportunity to secure a vacant parcel of “mixed use” zoned land in this exclusive precinct. The land has a frontage to the Princes Highway of 18.44mt and a depth of 50.29mt, giving you a total area of approx. 929sqm to construct your facility.
There are some high-profile neighbours including Hungry Jacks, KFC, McDonalds, and Subway bringing thousands of potential customer to your door step every day!
The other benefits on offer are that the land is on two titles allowing development flexibility as well as the paperwork that was utilized for planning permit in place for the construction of a restaurant a few years back.
High Profile! Flexible Zone! Two titles! You can't go wrong!
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4333
Property History for 196-198 York St, Sale, VIC 3850
- 16 Jul 2024Sold for $385,000
- 18 Apr 2024Listed for Sale $450,000
- 14 Sep 2023Listed for Sale $500,000
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0About Sale 3850
The size of Sale is approximately 46 square kilometres. It has 35 parks covering nearly 2.8% of total area. The population of Sale in 2011 was 13,185 people. By 2016 the population was 13,673 showing a population growth of 3.7% in the area during that time. The predominant age group in Sale is 0-9 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation. In 2011, 64.9% of the homes in Sale were owner-occupied compared with 63.9% in 2016.
Sale has 8,738 properties. Over the last 5 years, Houses in Sale have seen a 47.96% increase in median value, while Units have seen a 56.68% increase. As at 31 October 2024:
- The median value for Houses in Sale is $470,209 while the median value for Units is $326,571.
- Houses have a median rent of $470 while Units have a median rent of $363.
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