58 Grant StreetAlexandra VIC 3714
Property Details for 58 Grant St, Alexandra
Last Listing description (November 2022)
Centrally located in the main Street of Alexandra is this fantastic commercial investment property. Currently leased with just over 7% return on investment. The land is 805 sqm with 3 buildings, 2 are constructed in brick and the 3rd area is colorbond. The main building offers a reception area, 5 consulting rooms, kitchen and staff room. Separate male, female and disabled bathrooms. The second building (adjoining through corridor) offers a large open room with its own entry and 2 adjoining rooms. Out the back you'll find a large lock-up storage area that can be opened up for outdoor use and the 3rd area which includes a lined colorbond shed with glass sliding doors, split system, kitchenette, toilet and shower. The rear of the property offers secure parking for up to 7 vehicles with direct access from Bayley Street. The building has multiple split systems throughout, large solar panels and full security systems.
This amazing commercial property is returning $705 Inc GST per week or a 7% return on investment. With the tenants taking care of the outgoings this is a great place to invest with a solid return.
Property History for 58 Grant St, Alexandra, VIC 3714
- 25 Nov 2022Listed for Sale Price on Application
- 22 Nov 2022Sold for $490,000
- 10 Feb 2022Listed for Sale $545,000 Ex GST
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About Alexandra 3714
The size of Alexandra is approximately 79.4 square kilometres. It has 9 parks covering nearly 1.1% of total area. The population of Alexandra in 2016 was 2695 people. By 2021 the population was 2801 showing a population growth of 3.9% in the area during that time. The predominant age group in Alexandra is 60-69 years. Households in Alexandra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Alexandra work in a trades occupation.In 2021, 77.20% of the homes in Alexandra were owner-occupied compared with 72.80% in 2016.
Alexandra has 1,939 properties. Over the last 5 years, Houses in Alexandra have seen a 35.33% increase in median value, while Units have seen a 57.51% increase. As at 30 November 2025:
- The median value for Houses in Alexandra is $527,323 while the median value for Units is $397,417.
- Houses have a median rent of $415 while Units have a median rent of $320.
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