16-18 Palmerston StreetMelton VIC 3337
Property Details for 16-18 Palmerston St, Melton
16-18 Palmerston St, Melton is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2686m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (January 2023)
Affordable Modern Office/Warehouse
Excellent staff amenity
Street Frontage & Onsite Car Parking
**Auction: Thursday 20th October at 1:00 pm onsite**
Barry Plant Melton is proud to offer this prime office/warehouse, located just off High street, Melton Business District and within close proximity to Woodgrove shopping centre, Bunnings Warehouse and other public amenities.
Located nearby to the Western Freeway, in Industrial Zone 3, this warehouse is a great opportunity for an owner-occupier or investor.
This property presents particularly well and offers exceptional value.
Key features:
- Office/warehouse plus showroom
-Total allotment Size 2,685m2 (Approximately)
- Office/ Warehouse 670m2 (Approximately)
- office complete with staff amenities
- Container Height Electric roller door
- Heigh Clearance Warehouse
- Multiple onsite car parks
- Strong business exposure
- Suitable for Investors, SMSF or Owner Occupiers
Auction terms; Settlement 30/60/90 days with a 10% deposit on auction day. Auction will be conducted at the premises.
For further information or to schedule an inspection please be in touch with Ned Nikolic on 0401 284 479 or AJ 0451 828 448
Property History for 16-18 Palmerston St, Melton, VIC 3337
- 20 Oct 2022Sold for $1,905,000
- 21 Sep 2022Listed for Sale Contact Agent
- 27 Oct 1976Sold for $25,000
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0About 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 5,161 properties. Over the last 5 years, Houses in Melton have seen a 22.63% increase in median value, while Units have seen a 13.90% increase. As at 31 October 2024:
- The median value for Houses in Melton is $473,058 while the median value for Units is $373,025.
- Houses have a median rent of $400 while Units have a median rent of $375.
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