2 Drake BoulevardAltona VIC 3018
Property Details for 2 Drake Bvd, Altona
Last Listing description (May 2023)
CBRE and Lemon Baxter are pleased to present for sale a rare and unrivalled collection of premium showroom investments.
2-12 Drake Boulevard presents as six first-class opportunities to invest and/or occupy.
The showrooms are subdivided and available in-one-line or on an individual basis.
+ 6 newly constructed showrooms each comprising GLA of 625sqm* and situated on a commanding corner landholding of 6,014sqm*
+ Secured by premium retail tenants, including Godfreys Commercial, and offering flexibility of use for both investors and owner occupiers
+ Rear delivery access via individual roller doors and brand new first floor office fitout + modern amenity
+High exposure position with over 209m* of combined street frontage and premium visibility from Kororoit Creek Road
+ Vacant showrooms are offered for sale with 12-month rental guarantees of $115,000* p.a.
+ Access to 56 on-site car base
+ Excellent access to Melbourne's major arterial roads including West Gate Freeway, Western Ring Road, Port of Melbourne & Princes Freeway
+ Within an established industrial and residential precinct, set to benefit from significant government infrastructure investments
+ Just 14km* from the Melbourne CBD, 10km* to Port Melbourne and the Princes Freeway & West Gate Freeway connections all within 3km*
+ Surrounded by major business including Nike, QUBE, Toll, DHL, Linfox, BGC, Bunnings, Woolworths and Aldi
+ Fully leased base rental of $716,924* per annum (as at January 2023) and offering excellent tax saving depreciation benefits for the incoming purchaser
For information please contact the marketing agents
*Denotes Approximately
^Vic Roads
Property History for 2 Drake Bvd, Altona, VIC 3018
- 16 Jan 2025Sold for $2,300,000
- 11 Nov 2022Sold for $2,100,000
- 26 Apr 2022Listed for Sale Contact Agent
Recent sales nearby
See more recent sales nearby/assets/perm/loehyqgruei6neblyhlzo6grl4?signature=b7cca060b6e3658a6b696743163f0af718869b3ab12bf9c783a7978212c3b63f){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Altona 3018
The size of Altona is approximately 16.6 square kilometres. It has 31 parks covering nearly 21.2% of total area. The population of Altona in 2016 was 10762 people. By 2021 the population was 11490 showing a population growth of 6.8% in the area during that time. The predominant age group in Altona is 30-39 years. Households in Altona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona work in a professional occupation.In 2021, 66.30% of the homes in Altona were owner-occupied compared with 64.20% in 2016.
Altona has 7,804 properties. Over the last 5 years, Houses in Altona have seen a 20.45% increase in median value, while Units have seen a 9.39% increase. As at 31 October 2025:
- The median value for Houses in Altona is $1,133,291 while the median value for Units is $685,393.
- Houses have a median rent of $620 while Units have a median rent of $540.
Suburb Insights for Altona 3018
Market Insights
Altona Trends for Houses
N/A
N/A
View TrendN/A
N/A
Altona Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
