8/27-29 Fuller RoadRavenhall VIC 3023
Property Details for 8/27-29 Fuller Rd, Ravenhall
Last Listing description (September 2016)
An ideal opportunity now exists to secure this quality built Commercial Factory in Prime Deer Park Location. Complex of 12 Factories of varying sizes of both Tenanted Investment and owner occupied. Factory 8 currently returning $21,624 in rent per annum. That equates to a net return of 8.25%. The Tenant also pays 100% of all outgoings in addition to the rent. There is a separate title for each Factory in this complex. Located just off Westwood Drive in secured complex is this group of 12 Tilt Slab Constructed Factories of varying sizes. Factory 8 is 215m2 with existing lease in place or can be sold offering Vacant Possession. They represent an ideal Investment opportunity. Talk to us today about what would suit your current needs.
Property History for 8/27-29 Fuller Rd, Ravenhall, VIC 3023
- 07 Oct 2015Sold for $269,000
- 18 Feb 2015Listed for Sale Not Disclosed
- 30 Aug 2013Sold for $220,000
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About Ravenhall 3023
The size of Ravenhall is approximately 13.6 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Ravenhall in 2016 was 1157 people. By 2021 the population was 2295 showing a population growth of 98.4% in the area during that time. The predominant age group in Ravenhall is 30-39 years. Households in Ravenhall are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ravenhall work in a sales workers occupation.In 2021, 100.00% of the homes in Ravenhall were owner-occupied compared with 75.00% in 2016.
Ravenhall has 1,346 properties. Over the last 5 years, Houses in Ravenhall have seen a 140.54% increase in median value, while Units have seen a 42.71% increase. As at 31 January 2026:
- The median value for Houses in Ravenhall is $869,619 while the median value for Units is $822,403.
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