180 Loemans RoadBulla VIC 3428
Property Details for 180 Loemans Rd, Bulla
Last Listing description (November 2018)
+ Net passing income of $3,946,677 p.a. (inc. December-18 fixed 4% increase)
+ 25 years (original 15 year lease with 10 year Deed of Variation) commencing 5 December 2011
+ Strong annual rental growth fixed at 4%
+ Strategic location approximately 12 kilometres* from Melbourne International Airport and 21 radial kilometres* from the Port of Melbourne
+ Tenant: Commonwealth of Australia, as represented by the Department of Home Affairs
+ The Bulla site provides accommodation and specialist facilities for two Australian Government law enforcement bodies providing detector dog capability at the incoming ports. The Bulla Detector Dog facility provides the following:
The National Head Office for the Border Force Detector Dog Program
Offices for Australian Border Force
Offices for Australian Federal Police
+ Modern (2011) world class facility with depreciation benefits
*approximate
For Sale via an expressions of interest campaign closing Thursday 13th September 2018 at 4.00pm (AEST)
Property History for 180 Loemans Rd, Bulla, VIC 3428
- 02 Nov 2018Sold for $58,300,000
- 13 Aug 2018Listed for Sale By Negotiation
- 07 Jan 2011Sold for $1,100,000
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0About Bulla 3428
The size of Bulla is approximately 35.0 square kilometres. It has 9 parks covering nearly 2.3% of total area. The population of Bulla in 2016 was 675 people. By 2021 the population was 668 showing a population decline of 1.0% in the area during that time. The predominant age group in Bulla is 50-59 years. Households in Bulla are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bulla work in a trades occupation.In 2021, 89.00% of the homes in Bulla were owner-occupied compared with 88.90% in 2016.
Bulla has 541 properties. Over the last 5 years, Houses in Bulla have seen a 37.86% increase in median value. As at 30 November 2025:
- The median value for Houses in Bulla is $1,188,189 while the median value for Units is $571,405.
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