418 - 420 High Street, Melton, VIC 3337

Showrooms | Retail | Industrial

Sold

  • Property ID: 424105
  • Floor Area: 540m²
  • Land Area: 2009m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 31/07/2023 540m2 2009m2 Contact Agent
THE HEIGHT OF HIGH STREET.

POINT OF INTEREST:


Offered with Vacant Possession, this property is putting the service in service station / retail precinct's, a showroom / industrial asset is the perfect incidental exposure site to High Street’s high traffic in Melton. Boasting 540 sqm* of versatile floorplan, occupiers have operated here with gusto — particularly due to sitting next to a bustling service station. The interior includes clear showroom / warehouse with suspended ceilings, office space, mezzanine storage, 3 roller shutter doors, 6m* internal height, bathroom amenities, and ten allocated car spaces on site — made even better by the gated side driveway providing room for even more and rear access. Positioned to the rear of the property on Lot 420 is a single level 3 bedroom home sitting on its own title of 730sqm* providing for either redevelopment or additional land to add to this profile asset.
This site and its Shell neighbour go hand in hand to take business from strength to strength, particularly with shared access (and visibility) from High Street and O’Neill’s Road with 18,000 cars passing daily. And speaking of arterials, the Western Freeway is 850 m* away and can get you into the centre of Melbourne in under an hour. Taking a more aerodynamic route, the Melton Highway can also take you into Melbourne CBD past Tullamarine and Airport West in the same amount of time.

- 540 sqm* total building area.
- Rear warehouse with 3 x RSD.
- 2,009 sqm*of total land area.
- Rear 3 bedroom house on individual title
- 10 + allocated car spaces on site.
- Gated side driveway access.
- 860 m* from the Western Freeway.
- 2.5 km* to Melton Highway.
- 37 km* to Melbourne CBD.

POINT OF VIEW:
Setting up shop within a bustling retail / commercial strip offers exposure to both locals and passing commuters — so investing in eye-catching signage will be the flame to fuel your business fire.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30 - 90 days
  • Car Spaces: 10 onsite
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: N/A
  • Height: 6 metres*
  • Age: 25 years old
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $822.33pa*
  • Land Tax: $2,913pa*
  • Council Rates: $4,520.40pa*
  • Owners Corp. / Insurance: TBC
  • Other Charges: TBC
Melton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5537 --- ---
Industrial $3182 $131 4.12%
Offices --- $937 ---
This is the average advertised price, rent and yield for Melton, VIC 3337*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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