GormanKelly is pleased to offer 20 Jackson Court, Doncaster East for sale by Executors Auction on Wednesday 6th March 2013 at 12 noon.
Comprises a fantastic opportunity to secure a high quality leased retail freehold investment located within a thriving and tightly held retail precinct just off Doncaster Road.
The building of 88m2 approx is leased to a long standing tenant Kynk Hair on a recently commenced 3+3 year lease returning $25,000pa plus outgoings & GST. Internally the building provides good quality refurbished retail accommodation with good customer parking to the front.
The property is situated on 197m2 of Business 1 Zoned land with rear access and onsite car parking and would suit further extensions or redevelopment in years to come given the existing low site coverage and single level nature of the building. A fantastic entry level simple investment well worth your consideration.
20 Jackson Court is located on the northern side of Jackson Court, in close proximity to the entrance to Jackson Court from Doncaster Road. The property is located approximately 20km* east of the Melbourne CBD within the municipality of the Manningham City Council.
Jackson Court is an established retail strip, known as Jackson Court Shopping Centre, wholly populated by commercial properties. Due to the dense surrounding residential catchments, it is a well-serviced and vibrant retail district with a large central car park for customers.
Retail tenancies within the centre comprise of anchoring tenant, Dan Murphys, a pharmacy, bakeries, hair-dressers, banks as well as a number of restaurants and cafes. Furthermore the property is in close proximity to the following facilities: - Easy access to the Eastern Freeway/Eastlink, located only 1.5* kilometers, with extensive bus services within the surrounding area; and close to various large parks and reserves.
The size of Doncaster East is approximately 10.9 square kilometres. It has 40 parks covering nearly 9.4% of total area. The population of Doncaster East in 2016 was 28360 people. By 2021 the population was 30926 showing a population growth of 9.0% in the area during that time. The predominant age group in Doncaster East is 40-49 years. Households in Doncaster East are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Doncaster East work in a professional occupation.In 2021, 73.20% of the homes in Doncaster East were owner-occupied compared with 74.50% in 2016.
Doncaster East has 15,090 properties. Over the last 5 years, Houses in Doncaster East have seen a 29.03% increase in median value, while Units have seen a 24.89% increase. As at 31 December 2025:
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