SOLD
Sold on 17 May 2024 for $1,045,000

3/18 Collins Road
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 277m2
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Property Details for 3/18 Collins Rd, Melton

Building Type
Commercial
Land Size
277m2
Local Government
Melton
Lot/Plan
3/PS909165

Last Listing description (October 2024)

FOR LEASE: 3/18 Collins Road, Melton

Prime Location: Situated in Melton's growing industrial precinct, this well-positioned warehouse offers excellent access to major roads, including the Western Freeway, providing seamless connectivity to Melbournes CBD and surrounding areas.

Key Features:

318m of versatile warehouse space
High-clearance roller door for easy loading/unloading
Clear-span design with excellent internal height
3-phase power supply available
Modern amenities including kitchenette and bathroom facilities
On-site parking for staff and customers
Zoned for Industrial use, suitable for a range of businesses

Dont miss this opportunity!

For more information or to arrange an inspection, contact Nik Sidhu at 0433610080 or email at nsidhu@teamone.au

Property History for 3/18 Collins Rd, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$1,045,000
17 May 2024
Listed for Rent
$914/w
15 Oct 2024
  • 15 Oct 2024
    Listed for Rent - Price not available
  • 17 May 2024
    Sold for $1,045,000
  • 16 Jun 2023
    Listed for Sale $995,000.00
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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 25 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 215 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.