5/545 Mcdonalds RoadSouth Morang VIC 3752
Property Details for 5/545 Mcdonalds Rd, South Morang
5/545 Mcdonalds Rd, South Morang is a bedroom, bathroom Unit. The property has a land size of 6026m2 and floor size of 369m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (March 2016)
RENEWED 5 YEAR LEASE PLUS OPTIONS TO 2029.FIXED 3% RENT INCREASES - MARKET REVIEW OF OPTIONS.ESTABLISHED COMPLEX INCLUDES BEAUREPAIRES, ULTRA TUNE, NATIONAL TILES, PAINT RIGHT AND GOVERNMENT OFFICES.MCDONALDS ROAD, MAJOR ROUTE CONNECTING PLENTY ROAD TO WESTFIELD PLENTY VALLEY SC ?? 13,000 VEHICLES DAILY.OPPOSITE HOLDEN, TOYOTA, MAZDA DEALERSHIPS ?? UNDER CONSTRUCTION.IMPORTANT 96 SHARED CAR SPACES ON SITE. OUTGOINGS PAYABLE BY THE TENANT AS PER THE LEASE.ULTRATUNE: AUSTRALIAN OWNED COMPANY WITH OVER 270 SERVICE CENTRES NATIONALLY. RENT: $58,349 PA (JULY 2016).ALSO AVAILABLE - LOT 2, 545 MCDONALDS ROAD.TO BE SOLD SEPARATELY, BUY ONE OR BOTH. AUCTION 11AM AEDT WEDNESDAY 6 APRIL.RIVER ROOM, CROWN CASINO MELBOURNE.
Property History for 5/545 Mcdonalds Rd, South Morang, VIC 3752
- 03 Aug 2016Sold for $1,950,000
- 12 Mar 2016Listed for Sale Not Disclosed
Recent sales nearby
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0About South Morang 3752
The size of South Morang is approximately 21.0 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2016 was 24060 people. By 2021 the population was 24989 showing a population growth of 3.9% in the area during that time. The predominant age group in South Morang is 40-49 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation.In 2021, 76.00% of the homes in South Morang were owner-occupied compared with 76.90% in 2016.
South Morang has 11,336 properties. Over the last 5 years, Houses in South Morang have seen a 28.43% increase in median value, while Units have seen a 29.68% increase. As at 31 December 2025:
- The median value for Houses in South Morang is $880,497 while the median value for Units is $590,138.
- Houses have a median rent of $560 while Units have a median rent of $520.
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