Commercial Property

Unit 2, 1-23 Central Avenue

Altona Meadows VIC 3028, Australia

- Parking
63481 m² Land size
- Internal area

Snapshot

Key points for Unit 2, 1-23 Central Avenue.

  • Estimated market value: $500,000
  • Land size: 63,481 m²
  • Unit 2/1‑23 Central Avenue in Altona Meadows is a residential apartment within a mixed‑use building that also houses several ground‑floor commercial businesses
  • Lot size 6.35 ha (≈ 63 500 m²)
  • Council: Hobsons Bay City Council

About this commercial property

Unit 2, 1-23 Central Avenue is in Altona Meadows, VIC and is presented as a Commercial with land size of 63,481 m². Unit 2/1‑23 Central Avenue in Altona Meadows is a residential apartment within a mixed‑use building that also houses several ground‑floor commercial businesses The estimated market value is $500,000 and the estimated weekly rent is $495 per week

Also written as Unit 2, 1-23 Central Avenue.

Key details

Locality
Altona Meadows
State
VIC
Coordinates
37.87166813 / 144.77605709
GNAF PID
GAVIC410754240
Legal parcel ID
2\PS603160
Remoteness area
Metro
Property type
Commercial
Unit land size
63481 m²
Unit internal area
-
Heritage overlay
None detected
Land Use Category
Commercial

Commercial property information

Fishtails Fish & Chippery
Restaurant
restaurant Fish & chips
Verified at this address

Listed as a popular place at 1‑23 Central Avenue via business directory.

Reviews

Average rating 4.1 from over 155 reviews.

KFC Laverton
Fast‑food restaurant
fast_food KFC
Verified at this address

Listed as a popular place at 1‑23 Central Avenue via business directory.

Reviews

Average rating 2.9 from over 805 reviews.

Liquorland Laverton
Liquor store
liquor_store Liquorland
Verified at this address

Listed as a popular place at 1‑23 Central Avenue via business directory.

Reviews

Average rating 3.8 from over 110 reviews.

Altona Family Medical Centre
Medical centre
healthcare General practice
Verified at this address

Located at Shop 2, Central Square Shopping Centre, 1‑23 Central Avenue (Healthdirect listing).

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

  • Unit 2/1‑23 Central Avenue in Altona Meadows is a residential apartment within a mixed‑use building that also houses several ground‑floor commercial businesses

Property Features

  • Lot size 6.35 ha (≈ 63 500 m²)
  • Council: Hobsons Bay City Council
  • Owner‑occupier rate 95 % (building level)
  • Estimated market value $430k–$570k: Low $430k, Mid $500k, High $570k ( & )
  • Estimated rent $440 per week: Yield approx 4.63 %

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

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

Unit 2, 1-23 Central Avenue is described with land size of 63,481 m²

Which suburb is the property located in?

The property is located in Altona Meadows, a suburb of Melbourne, Victoria

En.wikipedia.org
What nearby railway station serves the area?

Laverton railway station is the closest station, approximately 0.9 km away

Where is the nearest police station?

Laverton Police Station is about 1.1 km from the property

What is the closest post office?

Laverton Post Office is roughly 1.2 km away

Is there a nearby railway station named Aircraft?

The Aircraft railway station is approximately 1.4 km from the property

What kind of property is this?

Unit 2, 1-23 Central Avenue is listed as Commercial in Altona Meadows, VIC

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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