48 Punt RoadWindsor VIC 3181
Property Details for 48 Punt Rd, Windsor
Last Listing description (July 2020)
UNDER OFFER
Secure 10 year lease (commenced in 2017) returning $65,563.62 net per annum
Let to Hospitality Boutique Glac
Exceptional Exposure to Major Arterial Punt Road
Attractive Entry Level Price Point
Aston Commercial are pleased to introduce 48 Punt Road, Windsor for Private Sale.
Located underneath the exclusive George Windsor Development, the offering provides an outstanding opportunity to secure a quality strata investment securely let on a long-term lease. Home to established hospitality boutique Glac, the 160 sqm* shop has both a retail space as well as a fully fitted commercial kitchen. Ideally tied to a 10-year lease secured in 2017, the asset is a pure set and forget opportunity ideal for first time or astute property investors.
Asset Highlights:
High Quality Commercial Tenant
Close to Public Transport Amenity and Extensive Road Network
Within the Colourful Hospitality Suburb of Windsor
Exceptional Neighbouring Tenancies Including 7-Eleven, Wot A Kebab, The Windsor Alehouse & Cellarbrations
Inspections are reserved by strict private appointment. Please contact Liam Rafferty or Max Warren to organise or receive further information.
*approx.
Property History for 48 Punt Rd, Windsor, VIC 3181
- 04 Jun 2020Sold for $1,150,000
- 30 Mar 2020Listed for Sale Contact Agent
- 01 Mar 2018Sold for $1,245,000
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About Windsor 3181
The size of Windsor is approximately 1.1 square kilometres. It has 6 parks covering nearly 3.7% of total area. The population of Windsor in 2016 was 7281 people. By 2021 the population was 7273 showing a population decline of 0.1% in the area during that time. The predominant age group in Windsor is 20-29 years. Households in Windsor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Windsor work in a professional occupation.In 2021, 39.40% of the homes in Windsor were owner-occupied compared with 36.20% in 2016.
Windsor has 5,971 properties. Over the last 5 years, Houses in Windsor have seen a -6.42% decrease in median value, while Units have seen a 3.00% increase. As at 31 March 2026:
- The median value for Houses in Windsor is $1,445,743 while the median value for Units is $581,773.
- Houses have a median rent of $850 while Units have a median rent of $550.
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