Commercial Property

Unit 12, 1-23 Central Avenue

Altona Meadows VIC 3028, Australia

- Parking
63481 m² Land size
- Internal area

Snapshot

Key points for Unit 12, 1-23 Central Avenue.

  • Estimated market value: $500,000
  • Land size: 63,481 m²
  • The property at 12/1-23 Central Avenue, Altona Meadows VIC 3028 is a residential unit (apartment) within a multi‑unit building of about 65 units
  • Multi-tenant address hosting KFC Laverton, Subway Altona Meadows, and SYC – Altona Meadows
  • Approx. 65‑unit building with 95% owner‑occupied rate

About this commercial property

Unit 12, 1-23 Central Avenue is in Altona Meadows, VIC and is presented as a Commercial with land size of 63,481 m². The property at 12/1-23 Central Avenue, Altona Meadows VIC 3028 is a residential unit (apartment) within a multi‑unit building of about 65 units The estimated market value is $500,000 and the estimated weekly rent is $495 per week

Also written as Unit 12, 1-23 Central Avenue.

Key details

Locality
Altona Meadows
State
VIC
Coordinates
37.87166813 / 144.77605709
GNAF PID
GAVIC410758195
Legal parcel ID
2\PS603160
Remoteness area
Metro
Property type
Commercial
Unit land size
63481 m²
Unit internal area
-
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
None detected
Land Use Category
Commercial

Commercial property information

KFC Laverton
Fast‑food restaurant
Not verified / may have moved

Listed on business directory for Central Avenue; unit number not specified.

Reviews

Average rating 2.9 from over 805 reviews.

Subway Altona Meadows
Sandwich‑shop
Not verified / may have moved

Listed on business directory for Central Avenue; unit number not specified.

Reviews

Average rating 3.5 from over 150 reviews.

SYC – Altona Meadows
Business (unclear category)
Not verified / may have moved

Listed on business directory for Central Avenue; unit number not specified.

Reviews

Average rating 3.6 from over 30 reviews.

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$495
Expected property value
$500,000
Estimated yield
5.15%
Confidence
Medium

Based on the comparable property evidence currently available.

Property insights

Building profile

  • The property at 12/1-23 Central Avenue, Altona Meadows VIC 3028 is a residential unit (apartment) within a multi‑unit building of about 65 units

Property Features

  • Multi-tenant address hosting KFC Laverton, Subway Altona Meadows, and SYC – Altona Meadows Web research
  • Approx. 65‑unit building with 95% owner‑occupied rate

Area insights

The surrounding precinct places public transport and civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
The Agency Group Australia
Ray White Tarneit/Truganina/Point Cook/Laverton/Rockbank
@Realty - National Head Office Australia
Woodards - Ascot Vale, Carlton & Yarraville
Ray White - Werribee
Jas Stephens Real Estate
Established Property Group
Harcourts Werribee
Sweeney Estate Agents - Altona
Jellis Craig Inner West - WILLIAMSTOWN
Ray White - Bundoora
Compton Green - Inner West
One Agency Property Partners
Ray White - ALTONA
Stockdale & Leggo - Laverton/Altona/Point Cook
Barry Plant - Point Cook
Ray White - Williamstown
The Agency - Altona
Mancini Real Estate - Altona
Ray White CRE
* Approximate straight-line distances

Frequently asked questions

What is the estimated market value of Unit 12?

The median estimate is about $500 k

What is the estimated weekly rent for this unit?

The Estimated weekly rent is approximately $440 per week

How many units are in the building?

The building contains roughly 65 separate units

What nearby transport or civic facilities are within walking distance?

Laverton railway station, Laverton Police Station, and Laverton Post Office are all within about 1 km

Which commercial businesses are located on Central Avenue?

The street hosts fast‑food and retail outlets including KFC, Subway and SYC

What kind of property is this?

Unit 12, 1-23 Central Avenue is listed as Commercial in Altona Meadows, VIC

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

Unit 12, 1-23 Central Avenue is described with land size of 63,481 m²

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $500,000, the calculated weekly rent is $495 per week, and the indicative gross yield is 5.15%

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