SOLD
Sold on 19 Apr 2024 for $780,000

73 Langtree Avenue
Mildura VIC 3500

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 460m2
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Property Details for 73 Langtree Ave, Mildura

Building Type
Commercial
Land Size
460m2
Local Government
Mildura
Lot/Plan
CP154394

Last Listing description (June 2024)

Investors this one is for you! Long held retail premise located in the popular Langtree Mall in heart of Mildura, tenanted with high profile National tenancy.
Excellently maintained, this modern building is located amongst other high profile tenants, with the plate glass window frontage to showcase your tenancy.

Key features:

* Land area - 460m2
* Lettable area - 260m2
* Current rental $63,370 pa plus GST
* All outgoings paid by tenant
* Current 2 year lease ending 30/06/2024 with 2 further 2 year options
* Zoned Commercial C1Z
* Rear carparking for up to 8 vehicles

Call today to arrange an inspection.

Property History for 73 Langtree Ave, Mildura, VIC 3500

A timeline of how this property has performed in the market
Last Sold
$780,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $780,000
  • 12 Mar 2024
    Listed for Sale Price on Application
  • 15 Dec 2022
    Transferred
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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 20,112 properties. Over the last 5 years, Houses in Mildura have seen a 58.09% increase in median value, while Units have seen a 46.82% increase. As at 31 October 2024:

  • The median value for Houses in Mildura is $467,073 while the median value for Units is $284,993.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 188 properties listed for sale, and 68 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 871 properties were sold in the past 12 months in Mildura.

Suburb Insights for Mildura 3500

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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.