825 Plenty RoadSouth Morang VIC 3752
Property Details for 825 Plenty Rd, South Morang
Last Listing description (July 2021)
CAFE OPPORTUNITY
Colliers International are proud to announce the opening of the Home Consortium Centres. Redefining Large Format Retail as we know it these centres will house some of Australia's largest retail brands trading within an internal centre. Large light filled common areas which have been architecturally designed will provide the best retailing opportunities for a few retailers to secure themselves retail space within these exciting centres.
Ample parking onsite conveniently located to the entrance of these centres makes them extremely convenient for customers. Strong signage opportunities and branding will allow the retailers to give themselves strong presence in these destination centres.
Targeting a mix of retail including services, food, play centres and Large Format will ensure strong centre traffic. Opportunities within the Home Consortium centres will not last long and we would encourage any interested parties to register their interest to be provided further information on leasing opportunities.
HC18
Property History for 825 Plenty Rd, South Morang, VIC 3752
- 25 Jun 2024Sold for $39,000,000
- 19 Apr 2021Sold for $33,200,000
- 04 Jan 2020Sold for $32,600,000
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0About South Morang 3752
The size of South Morang is approximately 21 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2011 was 20,873 people. By 2016 the population was 24,043 showing a population growth of 15.2% in the area during that time. The predominant age group in South Morang is 30-39 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation. In 2011, 79.3% of the homes in South Morang were owner-occupied compared with 76.9% in 2016.
South Morang has 10,975 properties. Over the last 5 years, Houses in South Morang have seen a 27.19% increase in median value, while Units have seen a 34.15% increase. As at 31 August 2024:
- The median value for Houses in South Morang is $812,651 while the median value for Units is $537,705.
- Houses have a median rent of $550 while Units have a median rent of $500.
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