21 Ilex StreetRed Cliffs VIC 3496
Property Details for 21 Ilex St, Red Cliffs
Last Listing description (August 2022)
Right in the centre of Red Cliffs commercial area and sitting between high traffic businesses such as Ritchies, the Red Cliffs Bakery and Dunno's is this terrific commercial opportunity.
Meticulously renovated and refurbished, the property consists of two seperate shops, number 23 that is currently a vacant 160sqm space that has been fully renovated including new ceiling, new insulation, rewired, new switchboard (incl 3 phase), repainted, new kitchenette and new internal toilet and vanity.
Number 21 is currently tenanted, but soon to be also vacant, is approx 110sqm of internal space and features exposed brick, split system heating and cooling with rear lane access.
The property features rear lane access to both buildings, with room for approximately 10 car parks, it has a refurbished roof, the stunning facade has been painted and repaired and presents beautifully.
This great commercial space offers the buyer a space to run their business as well as receiving a return.
Property History for 21 Ilex St, Red Cliffs, VIC 3496
- 15 Nov 2024Sold for $204,600
- 30 Jun 2022Sold for $396,000
- 02 Jun 2022Listed for Sale $350,000 - $380,000
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0About Red Cliffs 3496
The size of Red Cliffs is approximately 206.2 square kilometres. It has 9 parks covering nearly 21.0% of total area. The population of Red Cliffs in 2016 was 5060 people. By 2021 the population was 5294 showing a population growth of 4.6% in the area during that time. The predominant age group in Red Cliffs is 50-59 years. Households in Red Cliffs are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Red Cliffs work in a labourer occupation.In 2021, 71.00% of the homes in Red Cliffs were owner-occupied compared with 70.60% in 2016.
Red Cliffs has 3,033 properties. Over the last 5 years, Houses in Red Cliffs have seen a 70.41% increase in median value, while Units have seen a 63.56% increase. As at 31 March 2026:
- The median value for Houses in Red Cliffs is $463,593 while the median value for Units is $335,158.
- Houses have a median rent of $450 while Units have a median rent of $355.
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