131 Mckinnon RoadMckinnon VIC 3204
Property Details for 131 Mckinnon Rd, Mckinnon
Last Listing description (June 2024)
One of the Last on a tightly-held strip!
Amongst the last under-capitalised shopfronts on this period retail streetscape, this 1920s shop and residence is offered for the first time in over 50 years with a good tenant, great prospects, and all the grand appeal of the past. Zoned for McKinnon College, just one door from the corner on this tightly-held strip, this fully-leased premises follows a traditional plan of shopfront, residence, and a rear double garage on a 245sqm* site.
- single tenant for both shop and residence
- Current rental: $40,314.24 + Outgoings with 3% annual review
- Leased until 31st August 2024 - less than a year to go!
- grand 66sqm* shopfront with updated shop-faade
- 2+ bedroom, 1 bathroom, 3 WC accommodation
- large lounge, kitchen with dining, rear sun-room
- 2 large bedrooms, arch-windowed office/retreat
- brick double garage set close to rear boundary
- versatile 245sqm* McKinnon College Zone land
- dual-frontage exposure
- in-demand latte-living, commuter-life location
- 200m to McKinnon station, 25 minutes by rail to CBD
- prized McKinnon Secondary College Zoning
Invest with a good tenant today, work with great prospects for tomorrow, appreciate the grand appeal.
Contact us for inspection times.
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 85 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.
Property History for 131 Mckinnon Rd, Mckinnon, VIC 3204
- 31 May 2024Sold for $1,200,000
- 13 Jul 2023Listed for Sale Contact Agents
- 18 May 2021Listed for Rent - Price not available
Recent sales nearby
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About Mckinnon 3204
The size of Mckinnon is approximately 1.6 square kilometres. It has 4 parks covering nearly 5.9% of total area. The population of Mckinnon in 2016 was 6064 people. By 2021 the population was 6878 showing a population growth of 13.4% in the area during that time. The predominant age group in Mckinnon is 10-19 years. Households in Mckinnon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mckinnon work in a professional occupation.In 2021, 65.60% of the homes in Mckinnon were owner-occupied compared with 68.40% in 2016.
Mckinnon has 3,202 properties. Over the last 5 years, Houses in Mckinnon have seen a 3.01% increase in median value, while Units have seen a 7.15% increase. As at 31 March 2026:
- The median value for Houses in Mckinnon is $1,884,144 while the median value for Units is $880,553.
- Houses have a median rent of $1,038 while Units have a median rent of $750.
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