OFF MARKET

143 Hudsons Road
Spotswood VIC 3015

Bedrooms: 7
Bathrooms: 2
Car spaces: -
Land area: 454m2
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Last updated 18 Nov 2024
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Property Details for 143 Hudsons Rd, Spotswood

143 Hudsons Rd, Spotswood is a 7 bedroom, 2 bathroom House. The property has a land size of 454m2. While the property is not currently for sale or for rent, it was last transferred in March 2010.

Building Type
House
Land Size
454m2
Local Government
Hobsons Bay
Lot/Plan
2/PS340807

Last Listing description (November 2024)

Prime Location, Landmark Property with Huge Development Upside

Investors, builders, and developers take note, this is a rare opportunity to purchase a landmark property in a prime location (STCA)

Prime Location, Landmark Property with Huge Development Upside

Set on approx. 454 sqm block, this unique building offers two 4-bedroom, 1-bathroom apartments and two commercial shops.

Positioned in the tightly held market of Spotswood and within walking distance public transport, schools, cafes and direct access to the West Gate Bridge, this property presents endless opportunities for an astute buyer.

All properties within are currently leased - returns are as follows.

- 143 Hudsons Rd - (Commercial Office)
Lease term 5 years starting on the 1st October 2022, ending on the 29th September 2027. Current rental return per annum is approx. $31,827.

- 143A Hudsons Rd - (Residential Lease), 4 Bedroom - 1 Bathroom - 3 Car
Lease term 2 years starting on the 6th August 2024, 2 years with lease ending 5th August 2026. Current rental return per annum is approx. $23,988.

- 145 Hudsons Rd - (Commercial Office)
Periodic tenancy agreement. Current rental return per annum is approx. $31,616.88.

- 145B Hudsons Rd- (Residential Lease), 3 Bedroom - 1 Bathroom - 2 Car
Lease term 12 months starting on the 1st February 2024. Current rental return per annum is approx. $22416.00.

Please call for further information.

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Property History for 143 Hudsons Rd, Spotswood, VIC 3015

A timeline of how this property has performed in the market
Last Transferred
23 Mar 2010
Listed for Rent
$29k/w
07 Mar 2017
  • 01 Oct 2024
    Listed for Sale $2,300,000 - $2,500,000
  • 18 Apr 2024
    Listed for Sale $2,500,000 - $2,800,000
  • 12 Jan 2023
    Listed for Sale $3,200,000 $3,500,000
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About Spotswood 3015

The size of Spotswood is approximately 3 square kilometres. It has 11 parks covering nearly 14.5% of total area. The population of Spotswood in 2011 was 2,338 people. By 2016 the population was 2,602 showing a population growth of 11.3% in the area during that time. The predominant age group in Spotswood is 30-39 years. Households in Spotswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spotswood work in a professional occupation. In 2011, 66.8% of the homes in Spotswood were owner-occupied compared with 66% in 2016.

Spotswood has 1,907 properties. Over the last 5 years, Houses in Spotswood have seen a 9.39% increase in median value, while Units have seen a 9.19% increase. As at 31 October 2024:

  • The median value for Houses in Spotswood is $1,118,363 while the median value for Units is $718,621.
  • Houses have a median rent of $690 while Units have a median rent of $595.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Spotswood on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Spotswood.

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