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Apartment

5/45 Civic Parade

Altona VIC 3018, Australia

3 Bedrooms
1 Bathrooms
- Parking
186 m² Land size
- Internal area
$650,000 Last sale (2015)

About this property

yardizepropertyrecord
5/45 Civic Parade is in Altona, VIC and is presented as an Apartment with land size of 186 m². The Pizza Box is a pizza & pasta restaurant occupying the ground‑floor retail space at 45 Civic Parade, the same building that houses Unit 5 Price: $801,000. The estimated market value is $800,000 and the estimated weekly rent is $688 per week

Also written as Unit 5, 45 Civic Parade.

Key details

Locality
Altona
State
VIC
Coordinates
37.86508616 / 144.83822829
GNAF PID
GAVIC410747253
Legal parcel ID
6\LP58751
Remoteness area
Metro
Property type
Apartment
Unit land size
186 m²
Unit internal area
-
Bushfire risk
None detected
Flood risk
Present
Heritage overlay
None detected
Land Use Category
Residential

Commercial property information

The Pizza Box
Restaurant
Food & Drink Restaurant
Verified at this address

Restaurant listed on its own website and realcommercial as occupying 45 Civic Parade, the ground floor of the same building.

Pizza & pasta restaurant serving the Altona community.

Market estimates

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

Expected weekly rent
$688
Expected property value
$800,000
Estimated yield
4.47%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
14 Jan 2015
Sale of ground‑floor shop and adjoining apartment (45 & 45A Civic Parade)
$650,000

Property insights

Building profile

The development at 45 Civic Parade is a low‑rise mixed‑use building comprising ground‑floor retail space and upper‑floor residential apartments. Unit 5 is one of the apartments above the retail component and sits on a separate 186 m² land parcel Realcommercial.com.au
  • The Pizza Box is a pizza & pasta restaurant occupying the ground‑floor retail space at 45 Civic Parade, the same building that houses Unit 5

Property Features

  • Ground‑floor restaurant The Pizza Box – pizza & pasta, phone (03) 9398 1311 Realcommercial.com.au Thepizzabox.com.au
  • Mixed‑use low‑rise building with retail and residential components Realcommercial.com.au
  • Mixed‑use low‑rise building with ground‑floor retail (The Pizza Box)
  • Block size 186 m² (approx.)
  • Estimated market value $801,000 (mid‑point)
  • Potential rental income $600 pw
  • Median Estimated weekly rent $775 pw (5.07% yield)

Recorded sales and leasing agents

  • The ground‑floor shop and adjoining apartment were sold for $650,000 on 14 January 2015 Realcommercial.com.au
  • The transaction was brokered by Compton Green Commercial

Real Estate Agencies

Ordered by:
Jellis Craig - Kensington
Eview Real Estate
Jas Stephens Real Estate
Eview Real Estate - Frankston
Jellis Craig Inner West - WILLIAMSTOWN
Compton Green - Inner West
Buxton - Inner West
The Agency - Altona
Mancini Real Estate - Altona
LJ Hooker - Property Point
Hockingstuart - Werribee
Williams Real Estate - Williamstown
Sweeney Estate Agents - Williamstown
James Nicolaou Real Estate - Port Phillip
Hockingstuart - ALTONA
Hockingstuart Williamstown - WILLIAMSTOWN
Loutakis Real Estate
Raine & Horne - Williamstown
McGrath - Yarraville
P Di Natale Real Estate
Harcourts - Point Cook
Xynergy Realty - Altona
Compass Estate Agents - Inner West
Manifest Real Estate - ALTONA NORTH
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Seaholme Primary School
0.2 km
Primary school | Government
St Mary's School
0.9 km
Primary school | Catholic
Altona Primary School
1.4 km
Primary school | Government
Altona College
1.9 km
Combined school | Government
Mount St Joseph Girls' College
2.3 km
Secondary school | Independent
Emmanuel College
2.7 km
Secondary school | Independent
St Leo the Great School
3.1 km
Primary school | Catholic
Altona North Primary School
3.2 km
Primary school | Government
Bayside P-12 College
4.2 km
Combined school | Government
Bayside P-12 College
4.2 km
Combined school | Government
Newport Gardens Primary School
3.5 km
Primary school | Government
Queen of Peace Primary School
4.2 km
Primary school | Independent
Bayside P-12 College
4.2 km
Combined school | Government
Williamstown High School
5.0 km
Secondary school | Government
Laverton P-12 College
5.8 km
Combined school | Government
Newmark Primary School
5.9 km
Combined school | Independent
Saltwater P-9 College
7.9 km
Combined school | Government
Edu-Play Early Learning
0.5 km
Edu-Play Early Learning Centre
0.5 km
Altona Early Education Centre
0.7 km
* Approximate straight-line distances

Frequently asked questions

When was the ground‑floor shop sold and for how much?

The shop was sold for $650,000 on 14 January 2015

Realcommercial.com.au
In which suburb is 5/45 Civic Parade located?

The property is situated in the suburb of Altona, Victoria

En.wikipedia.org
What commercial tenant occupies the ground‑floor of the building?

The ground‑floor retail space is occupied by The Pizza Box, a pizza and pasta restaurant

Realcommercial.com.au Thepizzabox.com.au
What public transport options are within walking distance of the property?

A bus stop (Seves St / Civic Parade) is 31 m away and Seaholme railway station is approximately 0.4 km away

Realcommercial.com.au
What kind of property is this?
How many bedrooms, bathrooms, parking spaces, or other key details are listed?
What asking price or listing price is shown?
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $800,000, the calculated weekly rent is $688 per week, and the indicative gross yield is 4.47%

Mixed‑use low‑rise building with ground‑floor retail ( the pizza box) Realcommercial (P4)

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