OFF MARKET

6/1569 Burwood Highway
Tecoma VIC 3160

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 120m2
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Property Details for 6/1569 Burwood Hwy, Tecoma

Building Type
Commercial
Land Size
120m2
Local Government
Yarra Ranges
Lot/Plan
6/PS309284

Last Listing description (December 2022)

With excellent main road corner frontage, features include:
121 sqm Building area appx (excl verandah)
Commercial 1 Zone (C1Z)

Currently set up as a real estate office but lends itself to many other options i.e. consulting rooms, restaurant/caf, retail, medical, an expanding home business etc.
Landscaped parking and common areas
Parking off main road available
Ducted gas heating, Air conditioner & Hot water service
3 Phase Power, Mains Gas & Water available
Kitchenette & Separate Toilet
Walking distance to Tecoma Train Station and Belgrave

Call to make a time to view and secure this brilliant opportunity!

Rent: $2,500 per cal mth/ $30,000 per ann incl GST

Outgoings per annum:
Council Rates: $2,495.55
Water Rates: $ 769.62
Body Corp: $3,076.00

Property History for 6/1569 Burwood Hwy, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$395,000
11 Oct 2019
Listed for Rent
$48/w
14 Dec 2022
  • 08 Sep 2022
    Listed for Rent $2,500 / year
  • 11 Oct 2019
    Sold for $395,000
  • 03 Oct 2019
    Listed for Sale SOLD - $395,000

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About Tecoma 3160

The size of Tecoma is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.4% of total area. The population of Tecoma in 2011 was 2,087 people. By 2016 the population was 2,068 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 40-49 years. Households in Tecoma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tecoma work in a professional occupation. In 2011, 81.1% of the homes in Tecoma were owner-occupied compared with 79.6% in 2016.

Tecoma has 1,000 properties. Over the last 5 years, Houses in Tecoma have seen a 27.22% increase in median value, while Units have seen a 35.64% increase. As at 31 October 2024:

  • The median value for Houses in Tecoma is $856,170 while the median value for Units is $620,425.
  • Houses have a median rent of $425 while Units have a median rent of $350.
There are currently 8 properties listed for sale, and no properties listed for rent in Tecoma on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Tecoma.

Suburb Insights for Tecoma 3160

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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.