SOLD
Sold on 25 Jun 2024 for $1,400,000

72 Langtree Avenue
Mildura VIC 3500

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 543m2
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Property Details for 72 Langtree Ave, Mildura

Building Type
Commercial
Land Size
543m2
Local Government
Mildura
Lot/Plan
2/PS623609

Last Listing description (May 2024)

Located in the Heart of Mildura is this prime opportunity for rent.

Fit out includes a cool-room, commercial kitchen, bar and reverse cycle air-conditioning.

This first floor property is approx 540 sqm and would suit a Hospitality operation or convert to office space.

Outgoings include:
MRCC rates approx $4,577 p.a
LMW tariffs approx $1,592 p.a
Owners Corporation Fees approx $1,650 p.a less

For more information contact:
Naomi Darby - 0428 236 480
Dolfen Developments naomi@dolfen.com.au

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Property History for 72 Langtree Ave, Mildura, VIC 3500

A timeline of how this property has performed in the market
Last Sold
$1,400,000
25 Jun 2024
Listed for Rent
$843/w
17 May 2024
  • 25 Jun 2024
    Sold for $1,400,000
  • 27 Sep 2023
    Listed for Rent $44,000 / year
  • 27 Sep 2023
    Listed for Sale $2,200,000
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About Mildura 3500

The size of Mildura is approximately 77.8 square kilometres. It has 54 parks covering nearly 4.2% of total area. The population of Mildura in 2011 was 30,647 people. By 2016 the population was 32,739 showing a population growth of 6.8% in the area during that time. The predominant age group in Mildura is 20-29 years. Households in Mildura are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mildura work in a professional occupation. In 2011, 59.6% of the homes in Mildura were owner-occupied compared with 58.1% in 2016.

Mildura has 20,078 properties. Over the last 5 years, Houses in Mildura have seen a 60.89% increase in median value, while Units have seen a 58.06% increase. As at 31 August 2024:

  • The median value for Houses in Mildura is $471,322 while the median value for Units is $281,246.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 200 properties listed for sale, and 50 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 846 properties were sold in the past 12 months in Mildura.

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