The property is a retail / shop of 110m approx. including open plan retail floor space, associated amenities, rear access and abundant onsite car spaces.
The property is located in Melbourne's surging inner west and centrally positioned within Borrack Square's bustling commercial precinct servicing the emerging and growing residential catchment. It is conveniently located adjacent to occupiers such as Woolworths, CBA Bank, Bakers Delight, Chemist Warehouse, Australia Post, TAB and BWS.
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 7,761 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:
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