16/6 Rebound CourtNarre Warren VIC 3805
Property Details for 16/6 Rebound Ct, Narre Warren
Last Listing description (July 2016)
Feast your eyes on this outstanding lot nestled in the heart of the Narre Warren Shopping Centre. This current Chinese restaurant is fully-equipped and will appeal to prospective buyers with a large amount of daily foot traffic, plenty of parking spaces directly out front, and its close proximity to Narre Warren Train Station, IGA shopping, and post office. Inside features an abundance of space with the ability to service 100 people at a time, as well as a large and functional kitchen with industrial wok burners and cool room, and four toilets for patrons and two toilets for staff. Outside also boasts large and prominent signage, while out the back there is a courtyard. This is also a great investment opportunity with stable rental growth of 4% annually, as well as guaranteed investment returns of 6% and above. To top it off, a recent 10-year lease ensures your investment returns! Don t miss this truly rare opportunity!
Property History for 16/6 Rebound Ct, Narre Warren, VIC 3805
- 17 Jul 2015Sold for $690,000
- 23 May 2015Listed for Sale Not Disclosed
- 01 Sep 1989Sold for $430,000
Recent sales nearby
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0About Narre Warren 3805
The size of Narre Warren is approximately 14.0 square kilometres. There are 52 parks, covering nearly 9.0% of the total area. The population of Narre Warren in 2016 was 26621 people. By 2021 the population was 27689 showing a population growth of 4.0% in the area during that time. The predominant age group in Narre Warren is 30-39 years. Households in Narre Warren are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren work in a trades occupation.In 2021, 69.20% of the homes in Narre Warren were owner-occupied compared with 71.70% in 2016.
Narre Warren has 12,253 properties. Over the last 5 years, Houses in Narre Warren have seen a 14.62% increase in median value, while Units have seen a 25.09% increase. As at 31 July 2026:
- The median value for Houses in Narre Warren is $825,496 while the median value for Units is $589,593.
- Houses have a median rent of $580 while Units have a median rent of $530.
Suburb Insights for Narre Warren 3805
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