215-221 Sneydes Road, Point Cook, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

215-221 Sneydes Road
Point Cook VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10788m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 215-221 Sneydes Rd, Point Cook

Building Type
Commercial
Land Size
10788m2
Local Government
Wyndham
Lot/Plan
2/PS632916

Last Listing description (May 2022)

JLL is delighted to exclusively present for sale the Freehold Interest in The Brook, located 22 km south-west of the Melbourne CBD in the rapidly developing metropolitan suburb of Point Cook.
The large scale hospitality and retail complex is securely leased to blue chip tenant, Melbourne Racing Club, and is underpinned by a triple net lease structure with long term security, 'A' grade facilities and occupying a commanding 10,785sqm corner site.

Investment highlights include:

* The property comprises a bistro & bar, sports bar with TAB facilities, cafe, gaming lounge & bar with 80 EGMs, large indoor/outdoor children's play area, 200 PAX function room & bar, and 204-bay onsite car park
* Triple net lease with current annual net income of $1,338,541
* Fixed 3% annual increases with ratchet provision at market review
* Securely leased to high profile tenant experienced in hospitality, Melbourne Racing Club
* Long term lease to 2029 with 3 x 10-year options
* 10,785sqm* corner site in growth corridor, 22 km from the Melbourne CBD

*Approx.

For sale by Expressions of Interest closing Wednesday 13 October at 5:00pm AEDT.

Property History for 215-221 Sneydes Rd, Point Cook, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$24,330,000
14 Oct 2021
  • 14 Oct 2021
    Sold for $24,330,000
  • 14 Sep 2021
    Listed for Sale Contact Agent
  • 08 Nov 2016
    Listed for Sale Price on Request
Sign in to see more transactions
Commute Calculator

About Point Cook 3030

The size of Point Cook is approximately 38.9 square kilometres. It has 97 parks covering nearly 27.7% of total area. The population of Point Cook in 2016 was 49929 people. By 2021 the population was 66781 showing a population growth of 33.8% in the area during that time. The predominant age group in Point Cook is 30-39 years. Households in Point Cook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Cook work in a professional occupation.In 2021, 65.50% of the homes in Point Cook were owner-occupied compared with 67.40% in 2016.

Point Cook has 27,122 properties. Over the last 5 years, Houses in Point Cook have seen a 28.88% increase in median value, while Units have seen a 29.25% increase. As at 31 January 2026:

  • The median value for Houses in Point Cook is $900,141 while the median value for Units is $630,746.
  • Houses have a median rent of $570 while Units have a median rent of $523.
There are currently 170 properties listed for sale, and 62 properties listed for rent in Point cook on OnTheHouse. According to Cotality's data, 1302 properties were sold in the past 12 months in Point cook.

Suburb Insights for Point Cook 3030

Market Insights
Point Cook Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Point Cook Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.