84-86 Pier Street, Altona, VIC 3018 | Property Value & History | OnTheHouse
 
OFF MARKET

84-86 Pier Street
Altona VIC 3018

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 262m2
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Property Details for 84-86 Pier St, Altona

Building Type
Commercial
Floor Size
500m2
Land Size
262m2
Local Government
Hobsons Bay
Lot/Plan
69/LP7934

Last Listing description (January 2010)

PRIME RETAIL INVESTMENT
LARGE 500M2 RETAIL SHOP LEASED TO LONG STANDING TENANT WITH EXCEPTIONAL GROWTH
• LAND AREA: 500M2 APPROX. WITH 12M FRONTAGE & ROW

• BUILDING AREA: 500M2
LEASE DETAILS:
TENANT: NEWSAGENT / TOYWORLD
TERMS: 5 X 5 YEARS (NOTE MARKET REVIEW IN 2 YEARS)
CURRENT RENTAL: $75,536 + GST AND OUTGOINGS (SIGNIFICANTLY UNDER MARKET)
• ZONING: BUSINESS 1
• TWO TITLES
• LARGE CENTRALLY LOCATED RETAIL INVESTMENT WITH SIGNIFICANT RENTAL GROWTH AND EXCELLENT FUTURE
DEVELOPMENT POTENTIAL IN TIGHTLY HELD RETAIL STRIP.
FOR FURTHER DETAILS INCLUDING A PROPERTY REPORT CONTACT JAMES GREGSON 0421 516 480.
(AUCTION TERMS:10% DEPOSIT, BALANCE 60 DAYS)

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Property History for 84-86 Pier St, Altona, VIC 3018

A timeline of how this property has performed in the market
Last Sold
$2,240,000
17 Dec 2009
Listed for Rent
$2.40k/w
18 Jul 2012
  • 18 Jul 2012
    Listed for Rent - Price not available
  • 03 Nov 2011
    Listed for Rent - Price not available
  • 17 Dec 2009
    Sold for $2,240,000
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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 7,809 properties. Over the last 5 years, Houses in Altona have seen a 26.04% increase in median value, while Units have seen a 11.61% increase. As at 31 December 2025:

  • The median value for Houses in Altona is $1,180,622 while the median value for Units is $680,683.
  • Houses have a median rent of $620 while Units have a median rent of $520.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Altona on OnTheHouse. According to Cotality's data, 362 properties were sold in the past 12 months in Altona.

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