G1/40 Bush Boulevard, Mill Park, VIC 3082 | Commercial for sale | OnTheHouse
FOR SALE
AUCTION $600,000 - $660,000

G1/40 Bush Boulevard
Mill Park VIC 3082

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 100m2
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Auction Time
Thu 22 Oct 11:00 am
Inspection Times
No upcoming inspections scheduled.
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Retail investment opportunity

Retail Investment Opportunity
• Building area: 100 sqm (approx.)
• Fully fitted hospitality premises.
Harcourts Rata and Co is delighted to present an outstanding investment opportunity at G1/40 Bush Boulevard, Mill Park, positioned within an established and highly accessible retail precinct.
The property presents an attractive opportunity for investors seeking an established commercial asset.
Comprising approximately 100 sqm* of building area, the property features a comprehensive hospitality fit-out including a commercial kitchen, exhaust canopy, grease trap, cool room, display fridge and freezer. The existing fit-out provides strong leasing appeal and flexibility for a range of retail and hospitality operators.
Surrounded by a strong mix of national retailers and major commercial destinations, including Bunnings, Woolworths, KFC, Hungry Jack's, Domino's, Subway, Kool Kids Childcare, Westfield Plenty Valley, HomeCo South Morang and Rivergum Village Shopping Centre, the property is well positioned to benefit from the area's established retail and residential catchment.
Key Investment Highlights:
• A great investment opportunity for SMSFs,
• An attractive alternative for residential investors.
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Property Details for G1/40 Bush Bvd, Mill Park

Building Type
Commercial
Floor Size
100m2
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About Mill Park 3082

The size of Mill Park is approximately 12.8 square kilometres. There are 60 parks, covering nearly 18.3% of the total area. The population of Mill Park in 2016 was 29710 people. By 2021 the population was 28712 showing a population decline of 3.4% in the area during that time. The predominant age group in Mill Park is 50-59 years. Households in Mill Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mill Park work in a professional occupation.In 2021, 74.80% of the homes in Mill Park were owner-occupied compared with 76.30% in 2016.

Mill Park has 12,078 properties. Over the last 5 years, Houses in Mill Park have seen a 8.34% increase in median value, while Units have seen a 21.68% increase. As at 31 August 2026:

  • The median value for Houses in Mill Park is $847,703 while the median value for Units is $574,259.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 40 properties listed for sale, and 38 properties listed for rent in Mill park on OnTheHouse. According to Cotality's data, 387 properties were sold in the past 12 months in Mill park.

Suburb Insights for Mill Park 3082

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Vally Razko
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Harcourts Rata & Co
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.