4 Watson Road, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
 
OFF MARKET

4 Watson Road
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: -
Car spaces: 1
Land area: 1041m2
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Property Details for 4 Watson Rd, Mount Martha

Building Type
Commercial
Land Size
1041m2
Local Government
Mornington Peninsula
Lot/Plan
48/LP13475

Last Listing description (July 2019)

LEASED! Boutique, Bold and Beautiful! This centre is ready to start construction and will be the first new childcare centre in Mount Martha for almost 15 years. The centre is in a prime position, to the rear of the main strip shopping in Mount Martha and on a prominent corner site with a stunning architectural design.

This centre will come fully completed including a completed playground as per the landscape plan. Centres in this area achieve fees in excess of $120 per day.


Places 80 places
Rent - Offers Invited by Expression of Interest closing Thursday 21st March, 2019 at 4:00pm, if not leased prior
Lease Term 10 + 10 + 10
Rent Reviews - 3.5 % fixed annual reviews
Rent holiday 3 months rent
Market Reviews - at the expiration of the term
Landlords Works - completed centre including playground and landscaping.

The centre is being developed by the Lloyd Group, one of the most prolific builders of childcare centres in Victoria and their track record speaks for itself.

This centre is available For Lease now. Contact Celestine Eramo 0408 111 383, Wendy Zhou 0422 011 188 or Guido Bonanni 0407 444 808 to receive a detailed information memorandum and lease documentation.

Applications close Thursday 21st March, 2019 at 4:00pm if not leased prior.

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/sms messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 4 Watson Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$6,300,000
24 Feb 2021
Listed for Rent
26 Mar 2019
  • 24 Feb 2021
    Sold for $6,300,000
  • 22 Feb 2019
    Listed for Rent - Price not available
  • 19 Jul 2018
    Listed for Sale $1,725,000 - $1,800,000
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. It has 43 parks covering nearly 11.5% of total area. The population of Mount Martha in 2016 was 18548 people. By 2021 the population was 19846 showing a population growth of 7.0% in the area during that time. The predominant age group in Mount Martha is 10-19 years. Households in Mount Martha are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Martha work in a professional occupation.In 2021, 84.20% of the homes in Mount Martha were owner-occupied compared with 82.40% in 2016.

Mount Martha has 9,685 properties. Over the last 5 years, Houses in Mount Martha have seen a 15.11% increase in median value, while Units have seen a 22.80% increase. As at 28 February 2026:

  • The median value for Houses in Mount Martha is $1,484,938 while the median value for Units is $861,249.
  • Houses have a median rent of $818 while Units have a median rent of $650.
There are currently 51 properties listed for sale, and 3 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 444 properties were sold in the past 12 months in Mount martha.

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