3 Teton CourtHighett VIC 3190
Property Details for 3 Teton Ct, Highett
Last Listing description (July 2022)
Crabtrees Real Estate are pleased to offer 3 Teton Court, Highett for SALE via Public Auction on Friday 15th July 2022 at 11am.
Positioned on a versatile freehold title with 1,048 sqm of land, this solid factory / warehouse includes a small office, two roller doors and a brilliant side yard ideal for external storage.
With a secure lease to long standing Tenant Natural Beauty Care Pty Ltd, 3 Teton Court, Highett represents a fabulous investment opportunity with built in rent growth and future development upside.
Lease details:
+ 3 years + 3 year option
+ Current return of $41,400 pa + Outgoings + GST
+ Annual CPI increases
+ Long standing tenant Natural Beauty Care Pty Ltd - see https://www.naturalbeautycare.com.au/
Property features:
+ Great location close to Nepean Highway & South Road
+ Fenced yard ideal for external storage and additional car parking
+ Solid bright factory / warehouse of 452 sqm* with 2 roller doors
+ Male & female toilets
* 10% deposit balance 30,60,90 days
Note: Can't attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online on Anywhere Auctions!
https://anywhereauctions.com.au/app/property?propertyId=24162
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Property History for 3 Teton Ct, Highett, VIC 3190
- 08 Jul 2022Sold for $1,400,000
- 17 Jun 2022Listed for Sale CONTACT AGENT
- 04 Dec 2012Listed for Sale 750000
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About Highett 3190
The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2016 was 10454 people. By 2021 the population was 12016 showing a population growth of 14.9% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation.In 2021, 70.40% of the homes in Highett were owner-occupied compared with 68.60% in 2016.
Highett has 8,256 properties. Over the last 5 years, Houses in Highett have seen a 18.74% increase in median value, while Units have seen a 12.25% increase. As at 31 December 2025:
- The median value for Houses in Highett is $1,512,465 while the median value for Units is $715,822.
- Houses have a median rent of $800 while Units have a median rent of $590.
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