2/351-353 Mt Dandenong Tourist RoadSassafras VIC 3787
Property Details for 2/351-353 Mt Dandenong Tourist Rd, Sassafras
Last Listing description (August 2019)
Located in the very tightly held area of Sassafras on the popular Mt Dandenong Tourist Road with huge amounts of passing traffic, the property offers both commercial shop area of approximately 90sqm and neat and tidy two bedroom dwelling at the rear.
Retail/Shop:
- Current Rent: $36,691.18 pa + GST
- Term: 3 x 3 years (commenced 1st of March 2017)
- Security: $4,950 and Director's Guarantees
Dwelling:
- Neat and tidy two bedroom dwelling
- Master bedroom with built in robes and split system A/C
- Kitchen/living area with gas heater
- Bathroom and laundry
- Anticipated approximate annual rental: $14,560
Total anticipated rental when fully let: $51,251 pa (approximately)
Property History for 2/351-353 Mt Dandenong Tourist Rd, Sassafras, VIC 3787
- 20 May 2019Listed for Sale $975,000
- 20 Apr 2018Listed for Sale $975,000
- 11 Sep 2015Listed for Rent $300 / week
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0About Sassafras 3787
The size of Sassafras is approximately 4.7 square kilometres. It has 12 parks covering nearly 83.7% of total area. The population of Sassafras in 2011 was 1,148 people. By 2016 the population was 1,055 showing a population decline of 8.1% in the area during that time. The predominant age group in Sassafras is 40-49 years. Households in Sassafras are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sassafras work in a professional occupation. In 2011, 88.8% of the homes in Sassafras were owner-occupied compared with 90.4% in 2016.
Sassafras has 509 properties. Over the last 5 years, Houses in Sassafras have seen a 43.05% increase in median value, while Units have seen a 63.05% increase. As at 31 July 2024:
- The median value for Houses in Sassafras is $1,066,943 while the median value for Units is $910,039.
- Houses have a median rent of $475.
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