236-244 Greenslopes Drive, Templestowe Lower, VIC 3107 | Property Value & History | OnTheHouse
OFF MARKET

236-244 Greenslopes Drive
Templestowe Lower VIC 3107

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 97m2
Land area: 807m2
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Property Details for 236-244 Greenslopes Dr, Templestowe Lower

Building Type
Commercial
Year Built
2001
Floor Size
97m2
Land Size
807m2
Local Government
Manningham
Lot/Plan
2/PS404004

Last Listing description (December 2022)

Burgess Rawson is pleased to offer to the market the Greenslopes Aged Care Faility for sale via Investment Private Treaty

The property has the following investment highlights:

+ Brand new 15 year lease to 2037 plus options to 2047.

+ Longstanding aged care facility with 40+ years successful running history.
+ Purpose built 1,688sqm* facility with 36 premium suites all with ensuites.
+ Desirable net lease terms with tenant paying all outgoings.
+ Generous, fixed 4% rent increases compounding annually.
+ Significant main road site within 2km of amenities including SUPA IGA, 7-Eleven, Templestowe Leisure Centre Stadium and several high-profile medical centres and clinics.
+ 1.6km from Coles anchored Bulleen Plaza, boasting 500+ car parking spaces and destinational tenants including Aus Post, Chemist Warehouse and Domino's.
+ Templestowe Lower: affluent metro suburb with median house prices growing 34% in the last 3 years to $1.4 million.**
+ Manningham City Council: significant metro-municipality with population forecast to grow 10.9% to 149,274 residents by 2036.***
+ Net Income: $460,000 pa* plus GST

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.
**Realestate.com
***Forecast.id

Property History for 236-244 Greenslopes Dr, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$155,000
27 Apr 2016
  • 05 Oct 2022
    Listed for Sale Price on Request
  • 27 Apr 2016
    Sold for $155,000
  • 04 Apr 2016
    Sold for $150,000
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About Templestowe Lower 3107

The size of Templestowe Lower is approximately 5.9 square kilometres. There are 20 parks, covering nearly 11.5% of the total area. The population of Templestowe Lower in 2016 was 13429 people. By 2021 the population was 14098 showing a population growth of 5.0% in the area during that time. The predominant age group in Templestowe Lower is 40-49 years. Households in Templestowe Lower are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation.In 2021, 80.00% of the homes in Templestowe Lower were owner-occupied compared with 80.00% in 2016.

Templestowe Lower has 6,584 properties. Over the last 5 years, Houses in Templestowe Lower have seen a -6.86% decrease in median value, while Units have seen a 12.92% increase. As at 30 June 2026:

  • The median value for Houses in Templestowe Lower is $1,268,001 while the median value for Units is $958,139.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 31 properties listed for sale, and 4 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 267 properties were sold in the past 12 months in Templestowe lower.

Suburb Insights for Templestowe Lower 3107

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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.