SOLD
Sold on 25 Jan 2024 for $1,550,000

9 Anderson Street
Yarraville VIC 3013

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 130m2
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Property Details for 9 Anderson St, Yarraville

Building Type
Commercial
Land Size
130m2
Local Government
Maribyrnong
Lot/Plan
1/TP95842

Last Listing description (November 2023)

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.

Property History for 9 Anderson St, Yarraville, VIC 3013

A timeline of how this property has performed in the market
Last Sold
$1,550,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $1,550,000
  • 31 Oct 2023
    Listed for Sale Contact Agent
  • 12 Apr 2012
    Sold for $750,000
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About Yarraville 3013

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:

  • The median value for Houses in Yarraville is $1,158,492 while the median value for Units is $683,155.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 24 properties listed for sale, and 14 properties listed for rent in Yarraville on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Yarraville.

Suburb Insights for Yarraville 3013

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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.