38 Colrado CourtHallam VIC 3803
Property Details for 38 Colrado Ct, Hallam
Last Listing description (October 2021)
A rare commodity in today's market. A small factory, one of a pair, with absolute street frontage.
This factory of 242 m approx is clear span and offered as an empty shell, ready for you to utilise "as is" or re-configure to suit your needs. Being full concrete panel, there's not much that can go wrong here.
Coming vacant for the first time in 21 years, this is your opportunity to escape the rental market and own your own factory. Likewise, this is an ideal addition to any rental portfolio or a great starter for the first time investor.
For Sale by Virtual Auction on Wednesday 13th October 2021 at 1.00 p.m.
Enquire at www.faceyproperty.com.au to make your next move.
TERMS: 10% Deposit, balance 30/60 days. Watch and bid live on Anywhere Auctions. Register and follow the property to be notified when the auction goes live: https://anywhereauctions.com.au/app/property?propertyId=15270
Property History for 38 Colrado Ct, Hallam, VIC 3803
- 13 Oct 2021Sold for $711,866
- 18 Aug 2021Listed for Sale Contact Agent
- 05 May 1999Sold for $141,500
Recent sales nearby
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0About Hallam 3803
The size of Hallam is approximately 8.3 square kilometres. It has 30 parks covering nearly 6.4% of total area. The population of Hallam in 2016 was 10852 people. By 2021 the population was 11355 showing a population growth of 4.6% in the area during that time. The predominant age group in Hallam is 20-29 years. Households in Hallam are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hallam work in a trades occupation.In 2021, 70.50% of the homes in Hallam were owner-occupied compared with 71.60% in 2016.
Hallam has 5,976 properties. Over the last 5 years, Houses in Hallam have seen a 23.79% increase in median value, while Units have seen a 39.31% increase. As at 30 April 2026:
- The median value for Houses in Hallam is $829,113 while the median value for Units is $623,333.
- Houses have a median rent of $560 while Units have a median rent of $518.
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