FOR SALE
$440,000 - $490,000

3/7 Development Boulevard
Mill Park VIC 3082

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 65m2
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An Ideal Location

FOR SALE & LEASE
Lease price: $33,000 incl GST.
Introducing 3/7 Development Blvd, Mill Park - A modern haven for urban business. This sleek property boasts contemporary design fused with functionality, offering an ideal blend of location and style. Step into spacious interiors flooded with natural light, complemented by high ceilings and premium finishes throughout. The open-plan layout seamlessly connects to a separate office and boardroom. Other features include a private bathroom and kitchen area. Split system air conditioning and heating, security roller shutters that close the entire front of their property as well as CCTV cameras and flood light sensory lighting. With ample customer car accommodation on site as well as the convenience of direct off street parking. Located in the heart of Mill Park, just off Plenty road and across from Rivergum shopping precinct, Bunnings Mill Park and loads more local businesses and restaurants.
This property will surely make a viable place to operate your local business or perhaps a savvy place to invest.
Shop size: 65m2 approx.
Deposit: 10% of the purchase price
Settlement preference: 30/60/90 days

Property Details for 3/7 Development Bvd, Mill Park

Building Type
Commercial
Floor Size
65m2

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About Mill Park 3082

The size of Mill Park is approximately 12.8 square kilometres. It has 60 parks covering nearly 18.3% of total area. The population of Mill Park in 2011 was 30,517 people. By 2016 the population was 29,732 showing a population decline of 2.6% in the area during that time. The predominant age group in Mill Park is 50-59 years. Households in Mill Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mill Park work in a professional occupation. In 2011, 79.2% of the homes in Mill Park were owner-occupied compared with 76.3% in 2016.

Mill Park has 11,937 properties. Over the last 5 years, Houses in Mill Park have seen a 24.06% increase in median value, while Units have seen a 18.93% increase. As at 30 September 2024:

  • The median value for Houses in Mill Park is $812,257 while the median value for Units is $499,469.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 43 properties listed for sale, and 25 properties listed for rent in Mill park on OnTheHouse. According to CoreLogic's data, 408 properties were sold in the past 12 months in Mill park.

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Will Robertson
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