550 Mitcham Road, Mitcham, VIC 3132 | Commercial for rent | OnTheHouse
 
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550 Mitcham Road
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 100m2
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Great Business Opportunity - Enquire Today for an Inspection!

Position your brand for success in this prominently located, well-maintained commercial property, perfectly situated within Mitcham's vibrant retail and service precinct.
Set along busy Mitcham Road, this high-exposure opportunity offers a versatile layout ideal for medical, allied health, consulting, beauty, or retail businesses. Surrounded by popular cafés, boutique stores, and essential services, this property puts your business at the centre of a thriving local hub.
Property Highlights:
• Outstanding street presence with excellent signage potential
• Flexible floor plan – lease the entire premises and customise to suit your operations
• High foot traffic and strong vehicle exposure
• Exceptional accessibility – buses at your doorstep, minutes from Mitcham Train Station
• Well presented and move-in ready
This is a rare chance to secure a quality commercial space in one of Mitcham's most sought-after locations. Whether you're launching a new venture or expanding an existing one, this address offers everything you need to thrive.
Enquire today and secure your place in a premium retail strip with proven demand.
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Property Details for 550 Mitcham Rd, Mitcham

Building Type
Commercial
Floor Size
100m2
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2016 was 16148 people. By 2021 the population was 16795 showing a population growth of 4.0% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation.In 2021, 70.90% of the homes in Mitcham were owner-occupied compared with 69.80% in 2016.

Mitcham has 9,369 properties. Over the last 5 years, Houses in Mitcham have seen a 32.38% increase in median value, while Units have seen a 21.63% increase. As at 31 October 2025:

  • The median value for Houses in Mitcham is $1,282,851 while the median value for Units is $820,842.
  • Houses have a median rent of $625 while Units have a median rent of $580.
There are currently 26 properties listed for sale, and 8 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 377 properties were sold in the past 12 months in Mitcham.

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Michelle D’Assisi
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Frank D'Assisi
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