SOLD
Sold on 04 Jun 2024 for $425,000

2/210 Ballan Road
Wyndham Vale VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 106m2
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Property Details for 2/210 Ballan Rd, Wyndham Vale

Building Type
Commercial
Year Built
2018
Floor Size
100m2
Land Size
106m2
Local Government
Wyndham
Lot/Plan
2/PS643751

Last Listing description (March 2021)

Real Properties is excited to offer this highly attractive investment property for sale with a long-standing and reliable tenant - Wyndham Vale Fish & Chips. This property is positioned with maximum exposure on the roundabout of Ballan Road, McGrath Road and Greens Road. Situated in a high-profile retail precinct surrounded by well-known retailers, Wyndham Vale is a rapidly growing suburb with growing popularity.

Key Highlights:

- Long-standing tenant with options up to 2036;
- Leased to a reliable tenant;
- Adjoining established & national brands including Domino's, Subway, BP Fuel & KFC;
- Fixed 4% annual increases;
- Maximum exposure onto Ballan Road, Greens Road and McGrath Road roundabout;
- Outdoor seating area of up to 24 seats

The property is For Immediate Private Sale.

Contact Real Properties Agents:

Lucas Gentile - 0418 516 056

Joe Catanese 0418 367 514

Property History for 2/210 Ballan Rd, Wyndham Vale, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$425,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $425,000
  • 29 Nov 2020
    Sold for $840,000
  • 30 Oct 2020
    Listed for Sale Contact Agent
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About Wyndham Vale 3024

The size of Wyndham Vale is approximately 26.2 square kilometres. It has 28 parks covering nearly 6.7% of total area. The population of Wyndham Vale in 2011 was 17,304 people. By 2016 the population was 23,259 showing a population growth of 34.4% in the area during that time. The predominant age group in Wyndham Vale is 30-39 years. Households in Wyndham Vale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wyndham Vale work in a clerical occupation. In 2011, 73.4% of the homes in Wyndham Vale were owner-occupied compared with 70% in 2016.

Wyndham Vale has 12,851 properties. Over the last 5 years, Houses in Wyndham Vale have seen a 22.74% increase in median value, while Units have seen a 32.94% increase. As at 31 October 2024:

  • The median value for Houses in Wyndham Vale is $601,915 while the median value for Units is $486,212.
  • Houses have a median rent of $470 while Units have a median rent of $440.
There are currently 184 properties listed for sale, and 71 properties listed for rent in Wyndham vale on OnTheHouse. According to CoreLogic's data, 612 properties were sold in the past 12 months in Wyndham vale.

Suburb Insights for Wyndham Vale 3024

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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.