29-31 Mcarthurs RoadAltona North VIC 3025
Property Details for 29-31 Mcarthurs Rd, Altona North
Last Listing description (November 2018)
CRS Property is excited to offer for sale 29-31 McArthurs Road, Altona North via Public Auction on Thursday 13th September at 11.00am
This is an outstanding opportunity for developers or owner occupiers that are looking to add some value or redevelop completely (STCA).
Ideally located in Altona North, at the gateway to the fast-growing Western Corridor 29-31 McArthurs Road has excellent access to major arterials being West Gate Freeway and Western Ring Road, main road linkages to Millers Road And Geelong Road and easy access to public transport.
- Building Area: 1277 sqm
- Land Area: 2540 sqm
- Leased short term until 31 July 2019 - $63,000 per annum
- Easy access to major arterials, Melbourne CBD and public transport - 2km from West Gate Freeway and 11km to CBD
- Industrial 3 Zoning within the City of Hobsons bay
- Frontage of approximately 35 meters
- Terms: 10% deposit Bal: 30/60 days
For a copy of an information memorandum, to organise an exclusive inspection or for more information please contact exclusive marketing agents Marc Carbone or Lou Montalti of CRS Property.
Marc Carbone on 0417 101 337 or marc@crsproperty.com.au
Lou Montalti on 0488 553 455 or lou@crsproperty.com.au
Property History for 29-31 Mcarthurs Rd, Altona North, VIC 3025
- 17 Sep 2018Sold for $1,515,000
- 14 Aug 2018Listed for Sale $1,550,000
- 30 May 2014Sold for $1,018,600
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About Altona North 3025
The size of Altona North is approximately 14.1 square kilometres. There are 21 parks, covering nearly 18.9% of the total area. The population of Altona North in 2016 was 12152 people. By 2021 the population was 12962 showing a population growth of 6.7% in the area during that time. The predominant age group in Altona North is 30-39 years. Households in Altona North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona North work in a professional occupation.In 2021, 66.00% of the homes in Altona North were owner-occupied compared with 66.10% in 2016.
Altona North has 8,262 properties. Over the last 5 years, Houses in Altona North have seen a -4.24% decrease in median value, while Units have seen a 8.65% increase. As at 31 August 2026:
- The median value for Houses in Altona North is $909,824 while the median value for Units is $769,545.
- Houses have a median rent of $650 while Units have a median rent of $660.
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