Commercial Property

Unit 25, 1-23 Central Avenue

Altona Meadows VIC 3028, Australia

- Parking
63481 m² Land size
- Internal area

Snapshot

Key points for Unit 25, 1-23 Central Avenue.

  • Estimated market value: $500,000
  • Land size: 63,481 m²
  • Hosts over 55 stores including Big W, Coles, Aldi, a medical centre and a library
  • Off market
  • Over 55 retail and service tenants including major supermarkets

About this commercial property

Unit 25 at 1‑23 Central Avenue forms part of a large commercial block in Altona Meadows, a suburb 17 km south‑west of Melbourne’s central business district. The development accommodates more than 55 retail and service tenants, including major supermarkets and a medical centre. The block occupies approximately 6.35 ha within the Hobsons Bay Council area

Also written as Unit 25, 1-23 Central Avenue.

Key details

Locality
Altona Meadows
State
VIC
Coordinates
37.87166813 / 144.77605709
GNAF PID
GAVIC410752280
Legal parcel ID
2\PS603160
Remoteness area
Metro
Property type
Commercial
Unit land size
63481 m²
Unit internal area
-
Land Use Category
Commercial

Commercial property information

KFC Laverton
Restaurant
Not verified / may have moved

Listed in business directory "Most popular places at this address" search results.

Reviews

Rating 2.9 (806 reviews).

Subway Altonameadows
Restaurant
Not verified / may have moved

Listed in business directory "Most popular places at this address" search results.

Reviews

Rating 3.5 (154 reviews).

SYC – Altona Meadows
Restaurant
Not verified / may have moved

Listed in business directory "Most popular places at this address" search results.

Reviews

Rating 3.6 (32 reviews).

Central Square Shopping Centre
Shopping Centre
Not verified / may have moved

Identified via multiple business directory results, including a Facebook page describing >55 stores.

Hosts over 55 stores including Big W, Coles, Aldi, a medical centre and a library.

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

  • Hosts over 55 stores including Big W, Coles, Aldi, a medical centre and a library
  • NBN Fibre‑to‑the‑Building (FTTB) connection: Upgraded August 2024
  • 5G mobile coverage

Property Features

  • Off market

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 25, 1-23 Central Avenue is described with land size of 63,481 m²

What local government area administers the property?

The property falls within the Hobsons Bay Council jurisdiction

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

Laverton railway station is the nearest, located about 0.9 km away

How far is Altona Meadows from Melbourne's CBD?

Altona Meadows is situated roughly 17 km south‑west of Melbourne's central business district

En.wikipedia.org
What kind of property is this?

Unit 25, 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 nearby amenities are mentioned?

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

What nearby context is mentioned?

Unit 25, 1-23 Central Avenue is described with nearby context including Laverton, Laverton Police Station, Laverton Post Office

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