SOLD
Sold on 06 Dec 2023 for $1,685,000

8 Collins Road
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 115m2
Land area: 2205m2
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Property Details for 8 Collins Rd, Melton

Building Type
Land
Floor Size
115m2
Land Size
2205m2
Local Government
Melton
Lot/Plan
46/LP135351

Last Listing description (November 2023)

Reliance Commercial is proud to present this unique commercial development opportunity for sale by Auction. Seize limitless possibilities by acquiring this outstanding 2,205sqm commercial land, strategically situated in the bustling heart of Melton. Whether you aim to grow your current business or embark on a fresh entrepreneurial venture, this exceptional property lays the groundwork for your pathway to success.

2,205sqm parcel of land nestled in the thriving heart of Melton's industrial hub, boasting an excellent road frontage and easy access to major transport routes.
Zoned Industrial 1, this land offers endless possibilities. Whether you're in manufacturing, warehousing, logistics, or development, this zoning caters to your business needs.

Melton is experiencing rapid growth, making it a sought-after location for commercial ventures. Secure your piece of this high-demand market.
With its proximity to major highways and transportation links, this property promises tremendous growth potential in the years to come.

This is a golden opportunity for investors, developers, and business owners to secure a strategic piece of industrial land in a thriving business community.

Don't miss out on this chance to make a smart investment move. Melton's commercial landscape is evolving, and this prime industrial land could be your ticket to long-term success. We look forward to seeing you at the auction!

Interested parties should conduct their due diligence prior to making any submissions. Call Aman on +61 415 932 324 today for further enquiries
Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: Vendor / Agency or Agent representative will not be held responsible for any errors or mis descriptions whatever that appears. All prospective purchasers / lessees are advised to take their own necessary measurements, permit & council checks, research & their own diligence before entering into any agreements. No part of this work maybe copied, reproduced or use of photos copyrights.

Property History for 8 Collins Rd, Melton, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$1,685,000
06 Dec 2023
  • 06 Dec 2023
    Sold for $1,685,000
  • 10 Oct 2023
    Listed for Sale Contact Agent
  • 08 Jun 2010
    Sold for $305,000
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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 5,138 properties. Over the last 5 years, Houses in Melton have seen a 23.99% increase in median value, while Units have seen a 14.12% increase. As at 30 September 2024:

  • The median value for Houses in Melton is $475,219 while the median value for Units is $370,444.
  • Houses have a median rent of $400 while Units have a median rent of $370.
There are currently 49 properties listed for sale, and 22 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.