519 Warrigal RoadAshwood VIC 3147
Property Details for 519 Warrigal Rd, Ashwood
Last Listing description (March 2020)
Building Area: 160 sqm approx
Land Area: 209 sqm approx
Renovated two storey building with two separate tenancies.
Ground Floor:
Large open plan self contained shop with rear access, kitchenette & bathroom leased to long standing tenant (Cartridge World) paying $25,116.00 per annum plus outgoings (monthly tenancy).
First Floor (currently vacant):
Separate entrance via front and rear comprising large open plan kitchen, living, dining, 2 large bedrooms, bathroom, laundry, terrace and external staircase to rear car park. Previously occupied as offices with potential renal of $22,000 - $25,000 per annum.
Large rear car park for four (4) cars via wide rear lane way.
Ideally located close to the corner of High Street Road & Warrigal Road intersection.
-Commercial 1 Zoning
-Total Potential Rent $50,000.00 per annum
-Two Tenancies
-Flexible Layout
-Suitable for a variety of uses (s.t.c.a.)
Outgoings:
Grd Floor
Council Rates - $1,580.00 per annum
Water Rates - $1,100.00 per annum
1st Floor
Council Rates - $1,000.00 per annum
Water Rates - $1,100.00 per annum
Property History for 519 Warrigal Rd, Ashwood, VIC 3147
- 17 Feb 2020Sold for $1,000,000
- 08 Nov 2019Listed for Sale Contact Agent
- 10 Feb 2007Listed for Rent - Price not available
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About Ashwood 3147
The size of Ashwood is approximately 2.6 square kilometres. There are 11 parks, covering nearly 12.8% of the total area. The population of Ashwood in 2016 was 6886 people. By 2021 the population was 7154 showing a population growth of 3.9% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation.In 2021, 60.40% of the homes in Ashwood were owner-occupied compared with 59.40% in 2016.
Ashwood has 3,735 properties. Over the last 5 years, Houses in Ashwood have seen a -2.15% decrease in median value, while Units have seen a 8.66% increase. As at 30 June 2026:
- The median value for Houses in Ashwood is $1,434,741 while the median value for Units is $1,013,643.
- Houses have a median rent of $665 while Units have a median rent of $745.
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