SOLD
Sold on 06 Mar 2024 for $6,450,000

94 New Street
South Kingsville VIC 3015

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1654m2
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Property Details for 94 New St, South Kingsville

Building Type
Unknown
Land Size
1654m2
Local Government
Hobsons Bay
Lot/Plan
PC380950

Last Listing description (June 2022)

* LEASED!
* Proposed 88 place Child Care Centre (STCA)
* Located in one of the most central positions of South Kingsville, easy access from West Gate Freeway and Melbourne Road

* Premium location close to numerous school:
- Newport Gardens Primary School Eastona Park Campus approx. 0.73km
- Newport lakes Primary school approx. 1.32km
- Bayside P-12 College -Paisley Campus approx. 1.37km
- Spotswood Primary School approx. 1.41km
* Close to Newport Train station approx. 2.6 km and Spotswood train station approx. 3.2 km away from the centre
* Approx. 2.2 km away from Altona gate shopping centre trading since 1977
* Renown architectual design
* Childcare area: approximately 1,665sqm
* Lease Term 10 + 10 + 10
* Rent Reviews 3.5% fixed annual reviews
* Market Reviews - at the expiration of the term

This centre is available For Lease now

Contact Wendy Zhou 0422 011 188 or Guido Bonanni 0407 444 808 to receive a detailed information memorandum and lease documentation.

Applications close 2nd September 2021 at 4:00pm if not leased prior.

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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Property History for 94 New St, South Kingsville, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$6,450,000
06 Mar 2024
  • 06 Mar 2024
    Sold for $6,450,000
  • 30 Jan 2023
    Transferred
  • 06 Aug 2021
    Listed for Rent - Price not available

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About South Kingsville 3015

The size of South Kingsville is approximately 0.7 square kilometres. It has 2 parks covering nearly 8.5% of total area. The population of South Kingsville in 2011 was 1,829 people. By 2016 the population was 1,948 showing a population growth of 6.5% in the area during that time. The predominant age group in South Kingsville is 30-39 years. Households in South Kingsville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Kingsville work in a professional occupation. In 2011, 56.5% of the homes in South Kingsville were owner-occupied compared with 57.5% in 2016.

South Kingsville has 1,338 properties. Over the last 5 years, Houses in South Kingsville have seen a 8.80% increase in median value, while Units have seen a 20.51% increase. As at 31 October 2024:

  • The median value for Houses in South Kingsville is $1,078,392 while the median value for Units is $650,336.
  • Houses have a median rent of $575 while Units have a median rent of $560.
There are currently 7 properties listed for sale, and 2 properties listed for rent in South kingsville on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in South kingsville.

Suburb Insights for South Kingsville 3015

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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.