111-123 Gray StreetHamilton VIC 3300
Property Details for 111-123 Gray St, Hamilton
Last Listing description (April 2020)
Securely leased to September 2022 plus options to 2032.
Significant depreciation, 42% of rent potentially tax free.
High yield investment, blue-chip tenant. - 9.5% yield anticipated
Modern 2,081 sqm* retail development,built 2007, with 17 basement car spaces plus exclusive rights to a further 55 car spaces.
Generous 20.7 metre* frontage to Gray Street, the key retail strip in the region.
Strategic location surrounded by Woolworths, Coles, IGA, Harvey Norman and all major banks.
Hamilton: Important commercial service centre servicing 20,000+ trade catchment.
Estimated Net Income: $371,103 pa + GST
For Sale by Private Treaty
Property History for 111-123 Gray St, Hamilton, VIC 3300
- 13 Sep 2019Sold for $3,500,000
- 11 Jul 2019Listed for Sale $3,900,000
- 27 Apr 2015Listed for Sale $5,500,000
Recent sales nearby
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0About Hamilton 3300
The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2016 was 9974 people. By 2021 the population was 10346 showing a population growth of 3.7% in the area during that time. The predominant age group in Hamilton is 60-69 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation.In 2021, 73.10% of the homes in Hamilton were owner-occupied compared with 71.30% in 2016.
Hamilton has 6,417 properties. Over the last 5 years, Houses in Hamilton have seen a 47.36% increase in median value, while Units have seen a 18.11% increase. As at 31 March 2026:
- The median value for Houses in Hamilton is $441,118 while the median value for Units is $290,605.
- Houses have a median rent of $390 while Units have a median rent of $353.
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