5/50 Aitken Street, Gisborne, VIC 3437 | Commercial for sale | OnTheHouse
 
FOR SALE
$900,000 + GST if applicable

5/50 Aitken Street
Gisborne VIC 3437

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 120m2
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Prime Freehold Opportunity in the Heart of Gisborne

Positioned in a thriving retail hub opposite Aldi Supermarket, this modern commercial freehold offers outstanding exposure and investment appeal in the bustling Gisborne township - gateway to the beautiful Macedon Ranges.
Featuring a 120m² retail space with large window frontage, front and rear access, and allocated parking for two vehicles plus ample street parking, the property ensures excellent accessibility and visibility.
Currently leased until 30 June 2027 with a secure tenant returning $3,726.66 per calendar month + GST & outgoings, this is an ideal set-and-forget investment.
Just 45 minutes to Melbourne CBD and 30 minutes to Tullamarine Airport, this property combines strong rental returns with prime location appeal - an exceptional opportunity not to be missed.
Contact Ken Grech today - 0418 509 710
*ID required upon inspection.
Disclaimer
Raine & Horne has taken reasonable care in compiling this information to ensure its accuracy. However, details such as property dimensions, pricing, location, and descriptions have been sourced from third parties and supplied to Raine & Horne. Accordingly, Raine & Horne does not guarantee the accuracy or completeness of this information and disclaims any responsibility for errors or omissions. We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs.

Property Details for 5/50 Aitken St, Gisborne

Building Type
Commercial
Floor Size
120m2
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About Gisborne 3437

The size of Gisborne is approximately 96.4 square kilometres. It has 33 parks covering nearly 38.2% of total area. The population of Gisborne in 2016 was 8999 people. By 2021 the population was 10142 showing a population growth of 12.7% in the area during that time. The predominant age group in Gisborne is 40-49 years. Households in Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gisborne work in a professional occupation.In 2021, 82.20% of the homes in Gisborne were owner-occupied compared with 80.20% in 2016.

Gisborne has 6,040 properties. Over the last 5 years, Houses in Gisborne have seen a 15.09% increase in median value, while Units have seen a 9.75% increase. As at 30 November 2025:

  • The median value for Houses in Gisborne is $1,000,353 while the median value for Units is $609,561.
  • Houses have a median rent of $650 while Units have a median rent of $490.
There are currently 98 properties listed for sale, and 12 properties listed for rent in Gisborne on OnTheHouse. According to Cotality's data, 315 properties were sold in the past 12 months in Gisborne.

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Ken Grech
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