OFF MARKET

5/11 Glenville Drive
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 312m2
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Property Details for 5/11 Glenville Dr, Melton

Building Type
Commercial
Land Size
312m2
Local Government
Melton
Lot/Plan
5/PS635805

Last Listing description (August 2023)

Located in an easily accessible position within the Glenville Industrial Precinct is this rare opportunity to secure warehouse 5 in a development of only 5. This property is suitable for both owner-occupiers and investors as the current resident is leaving.
The warehouse offers several attractive features:
Large office space with a kitchen

Two sperate toilets and a shower
Alarm system for security
Security cameras for surveillance
Bollards for added security measures
Located in an industrial zone 1
3 Phase Power
High clearance roller door for easy access
Five dedicated car parking spaces

Property Type: Commercial Warehouse Size: 270m2 (ground floor) + 80m2 (mezzanine) = total 350m2 (approximately). Due to its functional layout, security features, and convenient location, this warehouse will not last.
If you have any questions or would like more information about the property, feel free to call Garry Gale: 0419523559

Property History for 5/11 Glenville Dr, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$715,000
11 Aug 2023
Listed for Rent
$506/w
23 Apr 2018
  • 11 Aug 2023
    Sold for $715,000
  • 30 Jun 2023
    Listed for Sale Contact Agent
  • 10 Aug 2018
    Sold for $385,000
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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.