6 & 8/92 Railway Street, Altona, VIC 3018 | Commercial for sale | OnTheHouse
 
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6 & 8/92 Railway St N
Altona VIC 3018

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Rare Investment Opportunity

2 x Prime Central Altona Commercial Freeholds – Buy One or Buy Both
6 & 8 / 92 Railway Street South, Altona
An exceptional opportunity to secure one or both commercial premises in the vibrant heart of Altona. Perfectly positioned with excellent pedestrian exposure, ample street parking, and just steps from Pier Street’s bustling shops, cafes, and eateries. Opposite Altona Train Station and a short stroll to the beach, these properties offer unbeatable convenience and visibility within the Commercial 1 Zone.
The Details
6/92 Railway St Sth Altona 3018 Hairdresser – Flair By design – year 2 – lease commenced 1st June 2024 leased on a 1+2+2 term returning $27,810 + GST + outgoings (approx. $5,950 p.a.) annual increases of 3.0% plus gst.
8/92 Railway St Sth Altona 3018 Beauty Salon – Evolution Of Skin – year 1 – Lease Commenced 1st November 2025 leased on a 1+2+2 term returning $27,000 + GST + outgoings (approx. $5,950 p.a.) annual increases of 3.0% plus gst.
Building area: approximately 64 sqm each
A standout opportunity for investors seeking a blue-chip location in Altona’s thriving commercial precinct.
Compass Estate Agents. No BS! Just honest advice and exceptional service.

Property Details for 6 & 8/92 Railway St N, Altona

Building Type
Commercial
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About Altona 3018

The size of Altona is approximately 16.6 square kilometres. It has 31 parks covering nearly 21.2% of total area. The population of Altona in 2016 was 10762 people. By 2021 the population was 11490 showing a population growth of 6.8% in the area during that time. The predominant age group in Altona is 30-39 years. Households in Altona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona work in a professional occupation.In 2021, 66.30% of the homes in Altona were owner-occupied compared with 64.20% in 2016.

Altona has 7,804 properties. Over the last 5 years, Houses in Altona have seen a 20.45% increase in median value, while Units have seen a 9.39% increase. As at 31 October 2025:

  • The median value for Houses in Altona is $1,133,291 while the median value for Units is $685,393.
  • Houses have a median rent of $620 while Units have a median rent of $540.
There are currently 32 properties listed for sale, and 10 properties listed for rent in Altona on OnTheHouse. According to Cotality's data, 372 properties were sold in the past 12 months in Altona.

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