OFF MARKET

1/18 Glenville Drive
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 355m2
Land area: 340m2
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Property Details for 1/18 Glenville Dr, Melton

Building Type
Commercial
Floor Size
355m2
Land Size
340m2
Local Government
Melton
Lot/Plan
1/PS627391

Last Listing description (June 2019)

INVESTMENT OPPORTUNITY
LEASED AT $32,000 P.A
LEASE EXPIRY 30TH OF JUNE 2019

TENANT TO EXERCISE 3 YEAR OPTION BY 1ST OF APRIL 2019

* Office of 109m2
* Warehouse of 265m2
* Total area 374m2
* Container height electric roller door
* High clearance clearspan warehouse
* Modern staff amenities
* Security fencing
* 4 On site car parks
* Easy truck access

Minutes to the Western Freeway with easy connection to all the major arterials.

Contact Helen Lipman on 0477 006 134 to arrange an inspection today!

Property History for 1/18 Glenville Dr, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$520,000
03 May 2019
Listed for Rent
$458/w
11 Mar 2010
  • 03 May 2019
    Sold for $520,000
  • 15 Feb 2019
    Listed for Sale $580,000
  • 21 Jan 2010
    Listed for Rent - Price not available
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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.

Melton has 5,168 properties. Over the last 5 years, Houses in Melton have seen a 22.11% increase in median value, while Units have seen a 23.33% increase. As at 30 November 2024:

  • The median value for Houses in Melton is $474,970 while the median value for Units is $375,335.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 53 properties listed for sale, and 24 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Melton.

Suburb Insights for Melton 3337

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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.