SOLD
Sold on 08 Dec 2023 for $1,545,500

5/216 Blackshaws Road
Altona North VIC 3025

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 557m2
Land area: 708m2
Sold By
CVA PROPERTY CONSULTANTS PTY LTD
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Property Details for 5/216 Blackshaws Rd, Altona North

Building Type
Commercial
Floor Size
557m2
Land Size
708m2
Local Government
Hobsons Bay
Lot/Plan
25/PS516254

Last Listing description (November 2023)

Private sale by closing date: Wednesday 6th December 2023 at 2pm
OFFERS IN EXCESS OF $1,450,000 +

POINT OF INTEREST:

Outstanding warehousing with an even larger list of inclusions, this is a rare opportunity to buy into one of the Wests best commercial (real) estates. The land area stretches out to 707 sqm* while the building itself measures 557 sqm* with a 60 sqm* dual-level office space. Catering to anyone needing storage space, room for manufacturing, or a modern showroom, unit 5 within this boutique estate makes light work of any heavy-lifting occupiers. Theres wide driveway access, a container-height roller door, and three-phase power, as well as air conditioning within the office. Commuting here is straightforward thanks to sitting a kilometre from the West Gate Freeway, and parking is even simpler with 7 on-site spots. Youll be sharing the block (and the array of clients) with the likes of Australia Post, Hobsons Bay Physiotherapy, Melbourne Pathology, Mounas Sweets, and conveniently the 432 bus stop.

- 557 sqm* total building area.
- 60 sqm* two-level air-conditioned office.
- 707 sqm* total land area.
- Container height roller shutter door.
- Three-phase power.
- 7 allocated onsite car spaces.
- 1.3 km* to the West Gate Freeway.

POINT OF VIEW:

Acquiring industrial stock in todays market requires a compromise or a building permit, and neither is necessary here. Unlock a turn-key floorplan thats as impressive in size as it is lucrative

*Approx.
Pricing excludes GST

Property History for 5/216 Blackshaws Rd, Altona North, VIC 3025

A timeline of how this property has performed in the market
Last Sold
$1,545,500
08 Dec 2023
Listed for Rent
$958/w
03 Mar 2020
  • 08 Dec 2023
    Sold for $1,545,500
  • 03 Nov 2023
    Listed for Sale Contact Agent
  • 18 Mar 2021
    Sold for $950,000
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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 7,697 properties. Over the last 5 years, Houses in Altona North have seen a 9.41% increase in median value, while Units have seen a 24.78% increase. As at 30 September 2024:

  • The median value for Houses in Altona North is $867,270 while the median value for Units is $778,386.
  • Houses have a median rent of $600 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 11 properties listed for rent in Altona north on OnTheHouse. According to CoreLogic's data, 363 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.