SOLD
Sold on 10 May 2024 for $6,360,000

155-159 Millers Road
Altona North VIC 3025

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1779m2
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Property Details for 155-159 Millers Rd, Altona North

Building Type
Commercial
Land Size
1779m2
Local Government
Hobsons Bay
Lot/Plan
CP162383

Last Listing description (November 2019)

Acquire this premium corner site with a 15 year lease to Hungry Jacks in the heart of Melbourne's fast growing western corridor.

- Income: $244,014 pa plus GST and outgoings

- Lease Expiry: August 2028
- Land Area: 1,779m2
- Combined frontage of 80 metres
- Leased to Hungry Jacks Pty Ltd with over 390 stores across Australia

Please call for further information or for further information.

Property History for 155-159 Millers Rd, Altona North, VIC 3025

A timeline of how this property has performed in the market
Last Sold
$6,360,000
10 May 2024
  • 10 May 2024
    Sold for $6,360,000
  • 02 Jun 2021
    Sold for $6,200,000
  • 06 Sep 2019
    Listed for Sale Contact Agent
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About Altona North 3025

The size of Altona North is approximately 14.1 square kilometres. It has 21 parks covering nearly 18.9% of total area. The population of Altona North in 2011 was 11,378 people. By 2016 the population was 12,155 showing a population growth of 6.8% in the area during that time. The predominant age group in Altona North is 30-39 years. Households in Altona North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona North work in a professional occupation. In 2011, 68.1% of the homes in Altona North were owner-occupied compared with 66.1% in 2016.

Altona North has 7,762 properties. Over the last 5 years, Houses in Altona North have seen a 9.19% increase in median value, while Units have seen a 24.67% increase. As at 31 October 2024:

  • The median value for Houses in Altona North is $885,104 while the median value for Units is $773,053.
  • Houses have a median rent of $600 while Units have a median rent of $630.
There are currently 31 properties listed for sale, and 15 properties listed for rent in Altona north on OnTheHouse. According to CoreLogic's data, 357 properties were sold in the past 12 months in Altona north.

Suburb Insights for Altona North 3025

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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.