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1/21 Reserve Road
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 325m2
Land area: 422.9714m2
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Warehouse for Sale in Melton.. Investment Opportunity with Secure Rental Return.

*For Sale: Property in Melton**
**Address:** 1/21 Reserve Road, Melton
**Price:** Contact Agent
Discover a fantastic opportunity to secure a premium property in the heart of Melton. This impressive facility boasts a generous spacious building area of 325 sqm approx making it ideal for a variety of business operations.
**Key Features:**
- **Architectural Excellence:** This property showcases modern architectural design, combining functionality with aesthetic appeal. The well-planned layout maximizes efficiency and workflow.
- **Outdoor Area:** Enjoy the benefits of an outdoor space that can be utilised for additional storage, parking, or future expansion possibilities.
- **Strategic Location:** Situated on Reserve Road, this property is conveniently located with easy access to major transport routes, ensuring seamless connectivity to suppliers and customers.
Secure Rental Return, ALREADY ON LEASE ON LONG TERMS,
Are you looking to invest this property offers a unique opportunity to capitalise on Melton's growing commercial landscape.
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Property Details for 1/21 Reserve Rd, Melton

Building Type
Commercial
Floor Size
325m2
Land Size
422.9714m2

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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.

Melton has 5,120 properties. Over the last 5 years, Houses in Melton have seen a 23.99% increase in median value, while Units have seen a 14.12% increase. As at 30 September 2024:

  • The median value for Houses in Melton is $475,219 while the median value for Units is $370,444.
  • Houses have a median rent of $400 while Units have a median rent of $370.
There are currently 52 properties listed for sale, and 26 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 212 properties were sold in the past 12 months in Melton.

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Rajeev Kochhar
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Preeti Sehgal
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White Lotus Property Group
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