3465-3467 Warburton HighwayWarburton VIC 3799
Property Details for 3465-3467 Warburton Hwy, Warburton
3465-3467 Warburton Hwy, Warburton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 880m2. While the property is not currently for sale or for rent, it was last sold in October 1994.
Last Listing description (March 2011)
Super Investment
Warburton IGA Supermarket
Two separate titles with two storey shop & dwelling on one & brick shop on the other, with a total frontage of 20m, securely leased for 3 years with 5 x 3 year options (total 18 years). These prominent buildings have been combined internally & are leased as an IGA Supermarket at $60,000 pa plus all outgoings showing a gross return of approx.7 % there is an extensive storage/office under the shops & rear lane access. This business has been successfully operating in Warburton for the past 20 years & these properties can only appreciate in value & the attractive rate of return of 7% pa will ensure a solid platform on which to base your future real estate portfolio, inspections are by appointment only.
Property History for 3465-3467 Warburton Hwy, Warburton, VIC 3799
- 08 Oct 2010Listed for Sale PRICE RANGE $850,000 - $950,000
- 17 Oct 1994Sold for $150,000
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0About Warburton 3799
The size of Warburton is approximately 132.6 square kilometres. It has 9 parks covering nearly 99% of total area. The population of Warburton in 2011 was 2,171 people. By 2016 the population was 2,005 showing a population decline of 7.6% in the area during that time. The predominant age group in Warburton is 50-59 years. Households in Warburton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warburton work in a professional occupation. In 2011, 71.2% of the homes in Warburton were owner-occupied compared with 73.4% in 2016.
Warburton has 1,472 properties. Over the last 5 years, Houses in Warburton have seen a 46.40% increase in median value, while Units have seen a 39.27% increase. As at 31 July 2024:
- The median value for Houses in Warburton is $666,690 while the median value for Units is $562,100.
- Houses have a median rent of $450.
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