Gross Waddell ICR is pleased to offer this incredibly rare opportunity to secure a retail property within the heart of the tightly held Anderson Street retail village.
Nestled within Yarraville's tightly held retail village opposite Woolworths Metro and a public carpark
Leased to long term tenant - UnitingCare
New 2 year lease, plus 2 further options of 3 years
Rental income of $71,782* p.a. + GST
Landholding of 130sqm* of Commercial 1 zoned land
Yarraville is ranked the 5th coolest neighbourhood in the world (Source: Time Out Global Media)
9 Anderson Street, Yarraville is for sale via Public Auction on Wednesday 29th November 2023 at 1pm onsite.
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
The size of Yarraville is approximately 5.7 square kilometres. It has 19 parks covering nearly 13.7% of total area. The population of Yarraville in 2011 was 13,747 people. By 2016 the population was 14,989 showing a population growth of 9.0% in the area during that time. The predominant age group in Yarraville is 30-39 years. Households in Yarraville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarraville work in a professional occupation. In 2011, 66% of the homes in Yarraville were owner-occupied compared with 64.7% in 2016.
Yarraville has 8,499 properties. Over the last 5 years, Houses in Yarraville have seen a 21.09% increase in median value, while Units have seen a 16.12% increase. As at 31 July 2024:
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