49-69 Royal CrescentHillside VIC 3037
Property Details for 49-69 Royal Cres, Hillside
Last Listing description (January 2021)
A one-of-a-kind investment opportunity not to be missed. Perfect for the eagle-eyed astute investor that knows their numbers!
This property is surrounded with other strong tenanted properties such as a Medical Centre, and Pharmacy.
* Currently tenanted as a Foodworks
* Outgoings paid by tenant
* Lease commenced 01/06/2018 at $200,000 plus GST per annum, ends 31/05/2023, with option to renew for another 10 years.
* Fixed reviews at 4% per annum, and market review at commencement of new term
* Shop size approximately 1,340 square metres
*Owners Corporation Contributions per quarter is $11,135.54
Contact the agent to find out further details and book a private inspection. Timeslots will be prearranged due to the increasing volume of interested parties. If cancelled, you will be put on the waiting list until another opening arises.
Call Dimitrios Kallitsis on 0406 631 757
(Photo I.D. is required during inspections)
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above
information but it does not constitute any representation by the vendor/ agent and agency.
An important message from Ray White Real Estate
Here at Ray White Real Estate, we are monitoring the coronavirus (COVID-19) situation closely. In light of this, we ask that you take the following measures before attending any private inspection: Do not attend if you have been unwell with cold and flu like symptoms, have been overseas in the last 14 days or have been in contact with someone diagnosed with COVID-19. We also ask that you practice social distancing and remain patient if you are asked to wait a short time before entering the property, refrain from touching surfaces within the property, practice good hand hygiene, and cover your mouth and nose when coughing or sneezing.
Thank you for your continued patience and understanding.
Property History for 49-69 Royal Cres, Hillside, VIC 3037
- 19 Oct 2020Listed for Sale Contact Agent
- 03 Apr 2018Listed for Sale Brenda Ngan 0435 152 545
- 09 Jul 2003Sold for $250,000
Recent sales nearby
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0About Hillside 3037
The size of Hillside is approximately 8.2 square kilometres. It has 29 parks covering nearly 9.8% of total area. The population of Hillside in 2016 was 17056 people. By 2021 the population was 17331 showing a population growth of 1.6% in the area during that time. The predominant age group in Hillside is 10-19 years. Households in Hillside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hillside work in a professional occupation.In 2021, 83.30% of the homes in Hillside were owner-occupied compared with 83.00% in 2016.
Hillside has 6,120 properties. Over the last 5 years, Houses in Hillside have seen a 21.48% increase in median value, while Units have seen a 20.47% increase. As at 30 April 2026:
- The median value for Houses in Hillside is $882,061 while the median value for Units is $607,310.
- Houses have a median rent of $545 while Units have a median rent of $478.
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