G07/337 Stud RoadWantirna South VIC 3152
Property Details for G07/337 Stud Rd, Wantirna South
G07/337 Stud Rd, Wantirna South is a 3 bedroom, bathroom Unit and was built in 2008. The property has a land size of 337m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Last Listing description (February 2020)
NEW 5 YEAR LEASE commencing on the 6th January 2018 to the 5th January 2023 and with 3 further 5 year leases available.
Only for the Savvy Investor is this unique opportunity to purchase within the Knox Punt Hill Serviced Hotel complex.
A Good, Strong, long term tenant, PUNT HILL KNOX occupies the entire complex as a serviced hotel, & have been present since January 2008 (10 years).
Currently returning $28,124.04per annum That's a whopping $540per week, $2342.67per month.
Lease with yearly CPI reviews. No vacancy periods, no letting fees and the tenant pays the body corporate.
Do your research on your new strong, long term tenant, Punt Hill Serviced Apartments at www.punthill.com.au
The subject property also has strong future commercial potential, Lot G07 on the existing Plan of Subdivision is currently being used as the conference room for the complex and comes with 3 car parks on title. This space is twice the size of any other unit within the complex. This space could be one day developed into 2 separate apartments or a commercial office (or 2 or 3 offices) if the existing tenant, Punt Hill vacated. Excellent Ground Floor street facing space.
I have been instructed by the vendor to present all offer within the quote range.
Property History for G07/337 Stud Rd, Wantirna South, VIC 3152
- 17 Jan 2018Sold for $415,000
- 14 Sep 2017Sold for $415,000
- 09 Aug 2017Listed for Sale $400,000 - $430,000
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0About Wantirna South 3152
The size of Wantirna South is approximately 14.1 square kilometres. It has 47 parks covering nearly 17.5% of total area. The population of Wantirna South in 2011 was 17,477 people. By 2016 the population was 19,288 showing a population growth of 10.4% in the area during that time. The predominant age group in Wantirna South is 50-59 years. Households in Wantirna South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna South work in a professional occupation. In 2011, 79.4% of the homes in Wantirna South were owner-occupied compared with 75.3% in 2016.
Wantirna South has 9,622 properties. Over the last 5 years, Houses in Wantirna South have seen a 23.07% increase in median value, while Units have seen a 14.94% increase. As at 31 October 2024:
- The median value for Houses in Wantirna South is $1,235,013 while the median value for Units is $577,193.
- Houses have a median rent of $640 while Units have a median rent of $560.
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