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Commercial Property

Unit 2, 1-23 Central Avenue

Altona Meadows VIC 3028, Australia

- Parking
63481 m² Land size
- Internal area

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 %

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
  • Laverton Police Station police station in Hobsons Bay City, Victoria, Australia; 1.1 km away
  • Laverton Post Office post office in Hobsons Bay City, Victoria, Australia; 1.2 km away
  • Laverton railway station in Laverton, Melbourne, Victoria, Australia; 0.9 km away
  • Aircraft railway station in Laverton, Melbourne, Victoria, Australia; 1.4 km away

Real Estate Agencies

Ordered by:
@Realty - National Head Office Australia
Ray White - Werribee
Jas Stephens Real Estate
Harcourts Werribee
Jellis Craig Inner West - WILLIAMSTOWN
Ray White - Bundoora
Ray White - ALTONA
Barry Plant - Point Cook
Ray White - Williamstown
The Agency - Altona
Mancini Real Estate - Altona
Ray White CRE
Reliance Real Estate - Point Cook
LJ Hooker - Property Point
Ray White Point Cook - POINT COOK
Harcourts SAS - Deer Park
Nicholas Scott Real Estate - Yarraville
Hockingstuart - Werribee
Little Real Estate - HAWTHORN
Area Specialist - Wyndham City
Woodards - Yarraville
Hockingstuart - ALTONA
Hunter French Real Estate
Raine & Horne - Williamstown
* 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

What is the local government area for Altona Meadows?

The suburb is part of the City of Hobsons Bay

En.wikipedia.org
What is the approximate population of Altona Meadows?

Altona Meadows recorded a population of 18,479 at the 2021 census

En.wikipedia.org
Which railway station is nearest to the property?

Laverton railway station, approximately 0.9 km away

Where is the nearest post office to the property?

Laverton Post Office, about 1.2 km away

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%

What features are highlighted?

Lot size 6.35 ha (≈ 63 500 m²). Council: Hobsons Bay City Council. Owner‑occupier rate 95 % (building level)

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