OFF MARKET

273 Monbulk Road
Silvan VIC 3795

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1279m2
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Property Details for 273 Monbulk Rd, Silvan

Building Type
Commercial
Land Size
1279m2
Local Government
Yarra Ranges
Lot/Plan
1/LP130386

Last Listing description (September 2021)

Now complete and ready for occupation on busy Monbulk Road corner School Road and situated next to the popular Shell Service Station, this superbly designed high profile 370sqm approx ground floor premises offers a practical floor plan with excellent natural light, grease trap, mains gas, rear delivery access and abundant parking for customers. Ideal for the experienced operator this is the opportunity of a lifetime to re-establish the 65 year old trading history of the iconic Silvan Licensed Grocer. Now reconstructed from the ground up providing a modern multipurpose convenience/grocery/take away food/packaged liquor sales hub for the local community, passing traffic and the weekend tourist trade. Inspection is a must! Call now for full lease and liquor license details.

Methven Professionals Commercial Industrial Retail Leasing Sales Property Management 9726 8888

Property History for 273 Monbulk Rd, Silvan, VIC 3795

A timeline of how this property has performed in the market
Last Sold
$210,000
01 Apr 1997
Listed for Rent
$862/w
30 Sep 2021
  • 18 Aug 2020
    Listed for Rent $44,980 / year
  • 01 Apr 1997
    Sold for $210,000
  • 11 Feb 1988
    Sold for $120,000

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About Silvan 3795

The size of Silvan is approximately 30.1 square kilometres. It has 5 parks covering nearly 5.2% of total area. The population of Silvan in 2011 was 1,220 people. By 2016 the population was 1,254 showing a population growth of 2.8% in the area during that time. The predominant age group in Silvan is 40-49 years. Households in Silvan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Silvan work in a managers occupation. In 2011, 80.1% of the homes in Silvan were owner-occupied compared with 86.2% in 2016.

Silvan has 546 properties. Over the last 5 years, Houses in Silvan have seen a 49.53% increase in median value. As at 31 July 2024:

  • The median value for Houses in Silvan is $1,160,675 while the median value for Units is $806,541.
There are currently 1 property listed for sale, and no properties listed for rent in Silvan on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Silvan.

Suburb Insights for Silvan 3795

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.