SOLD
Sold on 19 Jun 2024 for $1,034,000

1300 Mountain Highway
The Basin VIC 3154

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 1439m2
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Property Details for 1300 Mountain Hwy, The Basin

Building Type
Commercial
Floor Size
230m2
Land Size
1439m2
Local Government
Knox
Lot/Plan
PC350705

Last Listing description (December 2016)

Available for the first time since 1963 with current fuel and mechanical repair permit. This high profile property would ideally suit childcare, fast food, fuel, medical or retail (STCA) and is adjacent to The Basin Shopping Strip.
Street Frontage totalling 72 metres.
Property features Include:-

- Soil test report available
- Land Area: 1440 sqm*
- Building Area: 230 sqm*
- Easement free site
- Street frontage of 72m*
- Prominent Corner Location
- Commercial 1 Zone (C1Z)
- Tightly held location
- First time offered with vacant possession since 1963
Auction on site - 7th December 2016 at 12pm.
Contact Paul Waterhouse or Stefanie Taylor for more information.

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Property History for 1300 Mountain Hwy, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$1,034,000
19 Jun 2024
  • 19 Jun 2024
    Sold for $1,034,000
  • 21 Jan 2022
    Sold for $1,034,000
  • 09 Dec 2016
    Sold for $1,065,000
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About The Basin 3154

The size of The Basin is approximately 5.1 square kilometres. It has 11 parks covering nearly 9% of total area. The population of The Basin in 2011 was 4,229 people. By 2016 the population was 4,400 showing a population growth of 4.0% in the area during that time. The predominant age group in The Basin is 40-49 years. Households in The Basin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Basin work in a trades occupation. In 2011, 87.2% of the homes in The Basin were owner-occupied compared with 84.4% in 2016.

The Basin has 1,839 properties. Over the last 5 years, Houses in The Basin have seen a 31.98% increase in median value, while Units have seen a 35.31% increase. As at 30 September 2024:

  • The median value for Houses in The Basin is $876,852 while the median value for Units is $778,464.
  • Houses have a median rent of $560 while Units have a median rent of $375.
There are currently 8 properties listed for sale, and 1 property listed for rent in The basin on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in The basin.

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