737 Heidelberg RoadAlphington VIC 3078
Property Details for 737 Heidelberg Rd, Alphington
Last Listing description (April 2019)
A fantastic opportunity to secure a highly exposed retail premises located on a strategic and exposed site of 400sqm at the corner of Heidelberg Road and Miller Street just 8km* from the Melbourne CBD.
Major future development upside, and neighbouring the Amcor Site approved for 2,500 dwellings expected to house up to 4,800 residents.
Features include:
Potential Retail/Residential Development (STCA)
Suit Investor/Developer
Retail Cafe & Residential Unit Currently Leased
Leased at $38,000p.a. + GST + Outgoings
2 Years with 2 Further Options of 5 years (Started March 2018)
Restaurant Available With Vacant Possession
Building Area: 200 sqm approximately
Land Area: 400 sqm approximately
On-Site Car Parking for 5 Vehicles
Ample Public Transport
Surrounding Commercial, Retail & Residential Development
Unrivalled Exposure With Two Street Frontages (Miller St & Heidelberg Rd)
Zoned Commercial 1
Minutes From Chandler Hwy & Eastern Freeway.
Opportunity to secure both 735 & 737 Heidelberg Road Alphington providing unrivalled exposure with two street frontages with land holding of 845sqm.
For further information please the Commercial Team.
Property History for 737 Heidelberg Rd, Alphington, VIC 3078
- 24 Apr 2019Listed for Sale $2,950,000 Ex GST
- 17 Jun 2014Listed for Rent - Price not available
- 30 Nov 2013Listed for Rent - Price not available
Recent sales nearby
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About Alphington 3078
The size of Alphington is approximately 2.8 square kilometres. It has 10 parks covering nearly 31.2% of total area. The population of Alphington in 2016 was 5080 people. By 2021 the population was 5702 showing a population growth of 12.2% in the area during that time. The predominant age group in Alphington is 30-39 years. Households in Alphington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Alphington work in a professional occupation.In 2021, 64.30% of the homes in Alphington were owner-occupied compared with 64.60% in 2016.
Alphington has 4,161 properties. Over the last 5 years, Houses in Alphington have seen a 21.74% increase in median value, while Units have seen a 17.96% increase. As at 31 December 2025:
- The median value for Houses in Alphington is $2,158,874 while the median value for Units is $805,435.
- Houses have a median rent of $875 while Units have a median rent of $600.
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