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Shop 7-8/11 Narelle Drive
Aspendale Gardens VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 55137m2
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Take 1 or Both!

Morrison Commercial proudly presents this exceptional opportunity at the bustling Aspendale Garden Shopping Centre.
The two shops combined span a total of 137sqm*, these can be separated for the right tenant into single smaller shops to suit your business needs.
As part of the vibrant business community anchored by Ritches IGA & Liquor, you'll have the opportunity to join a diverse mix of franchises and independent retailers. From well-known brands like Bendigo Bank, Tatts, and My Chemist to specialized services like Oslo Health & Fitness, Medical For Everybody, and Physio Choice, the center offers a dynamic environment ripe with potential for growth.
Don't miss out on this excellent opportunity to establish or expand your business in a thriving retail hub.
Aspendale Gardens is positioned to the south-east of Melbourne's central business district, approximately 27km* away. It enjoys convenient access to several major roads, such as Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, and the recently constructed Dingley Bypass. Amenities surrounding the area comprise Moorabbin DFO, Moorabbin Airport and well known Golf Courses; Capital, Woodlands and Southern Golf Clubs.
- All sizes are approximate.*
- All figures are GST exclusive unless otherwise stated.**
Inspections strictly by appointment only.

Property Details for Shop 7-8/11 Narelle Dr, Aspendale Gardens

Building Type
Commercial
Floor Size
55137m2

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About Aspendale Gardens 3195

The size of Aspendale Gardens is approximately 3.3 square kilometres. It has 10 parks covering nearly 24.4% of total area. The population of Aspendale Gardens in 2011 was 6,596 people. By 2016 the population was 6,528 showing a population decline of 1.0% in the area during that time. The predominant age group in Aspendale Gardens is 40-49 years. Households in Aspendale Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspendale Gardens work in a professional occupation. In 2011, 86.6% of the homes in Aspendale Gardens were owner-occupied compared with 85.7% in 2016.

Aspendale Gardens has 2,317 properties. Over the last 5 years, Houses in Aspendale Gardens have seen a 38.02% increase in median value, while Units have seen a 11.12% increase. As at 30 September 2024:

  • The median value for Houses in Aspendale Gardens is $1,274,206 while the median value for Units is $693,677.
  • Houses have a median rent of $700 while Units have a median rent of $430.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Aspendale gardens on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Aspendale gardens.

Suburb Insights for Aspendale Gardens 3195

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Patrick Morrison
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Steve Aylen
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Morrison Commercial
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.