270C Mckinnon RoadMckinnon VIC 3204
Property Details for 270c Mckinnon Rd, Mckinnon
Last Listing description (September 2022)
Teska Carson is pleased to present 270C McKinnon Road, McKinnon for Private Sale.
The property is a part of the brand new development MCKN which consists of five (5) levels of 41 apartments. This outstanding offering is tenanted by JUNO Caf which has recently undergone a modern fit-out, with no expense spared, and has become increasingly popular with the locals.
- Income: $97,850 per annum + GST + Outgoings (as at 1 November 2022)
- Annual increases
Prominent location provides immediate exposure to McKinnon and Jasper Road, this high-profile quality hospitality investment offers security to the astute investor plus excellent tax depreciation benefits.
- Build Area: 239sqm
- Huge depreciation Benefit
- Two (2) secure car parks
Please do not hesitate to contact the listed agents for more information or to arrange an inspection.
Property History for 270c Mckinnon Rd, Mckinnon, VIC 3204
- 02 Sep 2022Sold for $1,650,000
- 22 Jul 2022Listed for Sale Contact Agent
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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 24.07% increase in median value, while Units have seen a 9.38% increase. As at 30 November 2025:
- The median value for Houses in Mckinnon is $1,962,618 while the median value for Units is $866,443.
- Houses have a median rent of $900 while Units have a median rent of $675.
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