305 Monbulk RoadSilvan VIC 3795
Property Details for 305 Monbulk Rd, Silvan
Last Listing description (June 2020)
Blue chip investment on 20 acres approx. with high rental yield returns from 2 transport/distribution businesss and a 3-bedroom dwelling (all on separate leases) with opportunity for further development.
Choose to live on site or simply sit back and reap the returns from all 3 leases.
Site includes a rear pony paddock plus a house with its own 2-acre allotment with access down a bitumen driveway.
All with sunny views across the Yarra Valley.
3-bedroom home (18 sq approx.) with 2 acres approx. allotted - currently leased
2x Blue Chip Transport/distribution business (long term tenants) with extensive infrastructure for office workers and warehouse management and drivers.
Main road frontage
No rental vacancies for 27 years
Property History for 305 Monbulk Rd, Silvan, VIC 3795
- 07 Sep 2020Sold for $2,600,000
- 21 Jun 2018Listed for Sale $2.8 to $3.1 million
- 20 Jun 2017Listed for Sale $3.4 - $3.7 million
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0About 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 547 properties. Over the last 5 years, Houses in Silvan have seen a 62.53% increase in median value. As at 31 October 2024:
- The median value for Houses in Silvan is $1,217,878 while the median value for Units is $816,281.
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