OWNER OCCUPIER OPPORTUNITY
Only a stones throw from South Road, is your chance to secure your own premises in the tightly held area of Melrose Park, as the buildings owner has moved to larger premises in the local area.
This site has two inter-connecting workshop/storage areas of approximately 182 and 209 sqm each (approx), giving a total area of approx 391 sqm and a secured yard of approx 112 sqm on eastern side.
The size of Melrose Park is approximately 1.3 square kilometres. There are 4 parks, covering nearly 1.5% of the total area. The population of Melrose Park in 2016 was 2211 people. By 2021 the population was 2319 showing a population growth of 4.9% in the area during that time. The predominant age group in Melrose Park is 30-39 years. Households in Melrose Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation.In 2021, 66.00% of the homes in Melrose Park were owner-occupied compared with 68.20% in 2016.
Melrose Park has 1,200 properties. Over the last 5 years, Houses in Melrose Park have seen a 79.34% increase in median value, while Units have seen a 93.40% increase. As at 31 July 2026:
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