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Mixed-use Property

3/4 Power Avenue

Ashwood VIC 3147, Australia

1 Bedrooms
1 Bathrooms
- Parking
2743 m² Land size
- Internal area

About this property

yardizepropertyrecord

3/4 Power Avenue is in Ashwood, VIC and is presented as a Mixed Use with 1 bedroom, 1 bathroom, land size of 2,743 m². The address combines residential and commercial uses; the residential component is recorded as 1 bedroom and 1 bathroom; the commercial side includes Tash Fitness and Tribute To Community Housing (sculpture).

Recorded occupiers at the address include Tash Fitness and Tribute To Community Housing (sculpture). The estimated market value is $1,300,000 and the estimated weekly rent is $676 per week

Also written as Unit 3, 4 Power Avenue.

Key details

Locality
Ashwood
State
VIC
Coordinates
37.87309103 / 145.09230336
GNAF PID
GAVIC410790816
Legal parcel ID
A\PS638898
Remoteness area
Metro
Property type
Mixed Use
Unit land size
2743 m²
Unit internal area
-
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
None detected
Land Use Category
Mixed Use

Commercial property information

Tash Fitness
Gym fitness centre
Fitness Gym
Verified at this address
Tribute To Community Housing (sculpture)
Public artwork
Art Sculpture
Verified at this address
Reviews

Average rating 2.5 from over 1 reviews.

Market estimates

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

Expected weekly rent
$676
Expected property value
$1,300,000
Estimated yield
2.7%
Confidence
Medium

Based on the comparable property evidence currently available.

Rental history

EventDateWeekly rent
Lease
1 Dec 2012
transaction recorded; price not disclosed

Property insights

Property Features

  • Senior community housing – residents 55+ years, lift access, stepless bathrooms, age‑in‑place design Cylex australia.com
  • Ground‑floor fitness centre (Tash Fitness) operating at the address
  • Public artwork “Tribute To Community Housing” located on site
  • Senior focused community housing: Age‑in‑place design with lift and stepless bathrooms for residents 55+
  • On‑site fitness centre: Tash Fitness offers gymnastics and fitness facilities at ground level

Recorded sales and leasing agents

Recorded sale agency
Buxton Ashburton
Recorded listing contacts
Buxton Ashburton

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
90%
Renter-occupied
10%

Area insights

The surrounding precinct places civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
  • Chadstone Post Office post office in Stonnington City, Victoria, Australia; 0.2 km away
  • Phoenix Park Library Public library in Malvern East; 1.2 km away
  • Holmesglen railway station in Malvern East, Melbourne, Victoria, Australia; 0.1 km away
  • Alamein railway station in Ashburton, Melbourne, Victoria, Australia; 1.2 km away

Real Estate Agencies

Ordered by:
Area Specialist - Victoria
Jellis Craig - Fitzroy
Buxton - Ashburton
CHN Real Estate Group
Fletchers - Canterbury
Barry Plant Waverley
Harcourts Settle
CAN Estate Agents - WEST MELBOURNE
Fitch Partners - GLEN IRIS
Belle Property - Mount Waverley
BYD Real Estate - Springvale
Garvey & Company Real Estate - Camberwell
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
St Mary Magdalen's School
1.1 km
Primary school | Catholic
Salesian College
1.2 km
Secondary school | Catholic
Ashwood Secondary College
1.4 km
Secondary school | Government
Frank Dando Sports Academy
1.6 km
Special school | Independent
Parkhill Primary School
1.7 km
Primary school | Government
Malvern Valley Primary School
1.3 km
Primary school | Government
St Michael's Primary School
1.3 km
Primary school | Catholic
Ashburton Primary School
1.4 km
Primary school | Government
Ashwood School
2.0 km
Special school | Government
Essex Heights Primary School
2.3 km
Primary school | Government
Mount Waverly Heights Primary School
2.3 km
Primary school | Government
Solway Primary School
1.7 km
Primary school | Government
Mount Waverley Primary School
2.9 km
Primary school | Government
Oakleigh Grammar
2.7 km
Combined school | Independent
Avila College
3.4 km
Secondary school | Independent
Presbyterian Ladies' College
3.1 km
Combined school | Independent
Mount Waverley Secondary College
3.4 km
Secondary school | Government
Sacred Heart Girls' College
3.2 km
Secondary school | Independent
The Currajong School
2.8 km
Special school | Independent
Mount Scopus Memorial College
3.6 km
Combined school | Independent
* Approximate straight-line distances

Frequently asked questions

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

3/4 Power Avenue is described with 1 bedroom, 1 bathroom, land size of 2,743 m²

Cylex australia.com
Which fitness centre operates on the ground floor of 3/4 Power Avenue?

Tash Fitness operates as a gymnastics and fitness centre on the ground floor of the building

Cylex australia.com
What is the nearest railway station to the property?

Holmesglen railway station is the closest, located approximately 0.1 km away

Which post office is within 0.2 km of the address?

Chadstone Post Office is situated about 0.2 km from the property

What public library is located about 1.2 km from the property?

Phoenix Park Library is approximately 1.2 km away

What was the population of Ashwood according to the 2021 census?

Ashwood recorded a population of 7,154 in the 2021 census

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

3/4 Power Avenue is listed as Mixed Use in Ashwood, VIC

Cylex australia.com
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $1,300,000, the calculated weekly rent is $676 per week, and the indicative gross yield is 2.7%

Cylex australia.com

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