174 Melrose Drive, Phillip, ACT 2606 | Property Value & History | OnTheHouse
OFF MARKET

174 Melrose Drive
Phillip ACT 2606

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6836m2
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Property Details for 174 Melrose Dr, Phillip

Building Type
Commercial
Land Size
6836m2
Local Government
Woden Valley
Lot/Plan
PHILLIP: Block 20, Section 25

Last Listing description (April 2020)

This is a rare opportunity to purchase a sizable land holding in a great location.
174 Melrose Drive Phillip (also known as the Ford Dealership) in the ACT is being offered for sale.
The property is currently occupied but being offered for sale with vacant possession on settlement.

This prime location on the perimeter of the Phillip commercial precinct facing the Woden town centre has excellent exposure to two of Wodens busiest arterial roads.
174 Melrose Drive currently operates as the John McGrath Ford Dealership and is in a highly prominent position on the intersection of Hindmarsh Drive and Melrose Drive. This 2-level building accommodates a showroom, administration offices and car servicing facilities. The total area of the building is approximately 4,213sqm.
The property benefits from direct access to Melrose Drive and Hindmarsh Drive but also has access to Divine Court at the rear of the property.
Melrose Drive provides fast and easy access to Canberra City in the north and Tuggeranong in the south. Hindmarsh Drive provides easy access to the inner south of Canberra, Fyshwick, Queanbeyan and Canberra Airport.
The site is in a CZ3: Services Zone which is a commercial zoning under the ACT Territory Plan. There are various uses available to be adopted subject to planning approvals. The current uses are detailed in the respective Crown Lease.

Please call Alex Smith on 0409 007 649 to arrange an inspection or request further information.

Property History for 174 Melrose Dr, Phillip, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$4,200,000
27 Jul 2000
  • 23 Dec 2019
    Listed for Sale For Sale by Tender Closing 4:00pm Friday 28 February 2020
  • 27 Jul 2000
    Sold for $4,200,000
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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2016 was 2936 people. By 2021 the population was 5197 showing a population growth of 77.0% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Phillip work in a professional occupation.In 2021, 48.70% of the homes in Phillip were owner-occupied compared with 38.20% in 2016.

Phillip has 6,058 properties. Over the last 5 years, Houses in Phillip have seen a 15.37% increase in median value, while Units have seen a 28.34% increase. As at 28 February 2026:

  • The median value for Houses in Phillip is $667,087 while the median value for Units is $493,222.
  • Houses have a median rent of $568 while Units have a median rent of $575.
There are currently 60 properties listed for sale, and 33 properties listed for rent in Phillip on OnTheHouse. According to Cotality's data, 310 properties were sold in the past 12 months in Phillip.

Suburb Insights for Phillip 2606

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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.