SOLD
Sold on 28 Feb 2024 for $1,050,000

152 Central Avenue
Altona Meadows VIC 3028

Bedrooms: 4
Bathrooms: -
Car spaces: 12
Floor area: 141m2
Land area: 688m2
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Property Details for 152 Central Ave, Altona Meadows

Building Type
Commercial
Year Built
1981
Floor Size
141m2
Land Size
688m2
Local Government
Hobsons Bay
Lot/Plan
1/TP97799

Last Listing description (April 2020)

On offer is this fully established Medical Centre with the opportunity to own the property with no commercial rent payable or an excellent investment.

Prime road exposure on Central Avenue, only a stone's throw away from Princess Freeway to Melbourne or Geelong and only minutes away from Central Square Shopping Centre, it is in an exceptional location for a Medical Centre.

The existing permit is for three doctor use, with four consulting rooms, patient bathrooms with disability access, staff toilets, staff kitchen, reception area with a spacious waiting room and 12 parking bays with ramp access into the property.

Features ducted heating/cooling, split systems and is professionally fitted and tastefully decorated throughout.

If you're looking for your first Medical Centre or to add to your investment portfolio call now for further information and to arrange a private inspection.

Property History for 152 Central Ave, Altona Meadows, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$1,050,000
28 Feb 2024
Listed for Rent
$310/w
20 Feb 2014
  • 28 Feb 2024
    Sold for $1,050,000
  • 29 Nov 2018
    Listed for Sale Contact Agent
  • 08 Oct 2015
    Sold for $865,000
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About Altona Meadows 3028

The size of Altona Meadows is approximately 10.6 square kilometres. It has 32 parks covering nearly 44.9% of total area. The population of Altona Meadows in 2011 was 18,745 people. By 2016 the population was 19,166 showing a population growth of 2.2% in the area during that time. The predominant age group in Altona Meadows is 30-39 years. Households in Altona Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona Meadows work in a professional occupation. In 2011, 71.6% of the homes in Altona Meadows were owner-occupied compared with 69.6% in 2016.

Altona Meadows has 8,623 properties. Over the last 5 years, Houses in Altona Meadows have seen a 14.62% increase in median value, while Units have seen a 12.39% increase. As at 31 October 2024:

  • The median value for Houses in Altona Meadows is $749,537 while the median value for Units is $516,842.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Altona meadows on OnTheHouse. According to CoreLogic's data, 273 properties were sold in the past 12 months in Altona meadows.

Suburb Insights for Altona Meadows 3028

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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.