1/111 Elation BoulevardDoreen VIC 3754
Property Details for 1/111 Elation Bvd, Doreen
Last Listing description (March 2018)
- Modern Investments situated in recently completed retail development
- Located adjacent to community centre, YMCA day-care facility and proposed primary school.
- Brand new shops of 80sqm approx. each
- Large on site customer and staff car park of 74 spaces
- Excellent tax depreciation benefits
- Surrounded by rapidly expanding residential catchment in one of Victoria s fastest growing regions providing strong prospects for future capital appreciation
Summary:
Shop 1- Kebab Culture
5yr + 5yr lease returning $32,000 per annum plus outgoings
3% fixed annual increases, market review at option
Shop 4- Pier 4 Fish & Chippery
5yr + 5yr + 5yr lease returning $32,000 per annum plus outgoings
3% fixed annual increases, market review at option
Shop 7- Your Dentist
5yr + 5yr lease returning $36,000 per annum plus outgoings
4% fixed annual increases, market review at option
Contact Exclusive Agents for further information:
Ervin Niyaz 0404 808 327
David Bourke 0407 705 755
Property History for 1/111 Elation Bvd, Doreen, VIC 3754
- 20 Aug 2021Sold for $1,005,000
- 31 Jan 2018Listed for Sale Not Disclosed
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0About Doreen 3754
The size of Doreen is approximately 32.4 square kilometres. It has 96 parks covering nearly 7.9% of total area. The population of Doreen in 2016 was 21298 people. By 2021 the population was 27122 showing a population growth of 27.4% in the area during that time. The predominant age group in Doreen is 0-9 years. Households in Doreen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Doreen work in a professional occupation.In 2021, 77.30% of the homes in Doreen were owner-occupied compared with 76.10% in 2016.
Doreen has 11,962 properties. Over the last 5 years, Houses in Doreen have seen a 23.52% increase in median value, while Units have seen a 39.96% increase. As at 31 March 2026:
- The median value for Houses in Doreen is $871,186 while the median value for Units is $612,320.
- Houses have a median rent of $570 while Units have a median rent of $480.
Suburb Insights for Doreen 3754
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