615 Warrigal Road, Ashwood, VIC 3147 | Property Value & History | OnTheHouse
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615 Warrigal Road
Ashwood VIC 3147

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Property Details for 615 Warrigal Rd, Ashwood

Building Type
Land
Local Government
Monash
Lot/Plan
1/TP344677

Last Listing description (January 2024)

Permit Approved Mixed-Use Development Site over 1.49ha* (3.68acres*)

Conjunctional selling agents Stonebridge Property Group and Cushman & Wakefield Melbco Development Sites are excited to present 615 Warrigal Road, Ashwood for sale via International Expressions of Interest closing on 14 September at 12.00pm (AEST).

A permit approved development site allows for a mixed-use development site comprising of offices, residential hotel, serviced apartments, dwellings and retail premises (up to 12 levels).

- Permit approved 87,070sqm* GFA mixed use development

- Plans in place for 5 building development encompassing offices, residential hotel, serviced apartments, dwellings, and retail premises, reaching heights of up to 12 levels.
- Located 14km* south-east of the CBD, with a direct bridge connecting to the Holmesglen Train Station (150m*)
- Directly opposite Holmesglen TAFE (with over 11,000 enrolments and one of the largest government owned TAFEs in Victoria)
- Within 9km* of Monash University (9-minutes drive), 4km* to Deakin University (6-minute drive)
- Within 400m* of Dan Murphys, Bunnings, Harvey Norman, JB Hi-Fi and Officeworks
- 1.5km* from Chadstone Shopping Centre (the largest shopping centre in Australia with over 530 retail tenancies)
- Existing improvements includes 3 office/warehouse buildings with a total building area of 7,937sqm* and 150 car spaces
- Total passing income $420,734 p.a.*

Conjunctional selling agents Stonebridge Property Group and Cushman & Wakefield Melbco Development Sites are excited to present 615 Warrigal Road, Ashwood for sale via International Expressions of Interest, closing Thursday 14th September 2023 at 12.00pm (AEST).

Cushman & Wakefield Melbco Development Sites

Leon Ma | +61 417 070 725
Marcus Neill | +61 452 405 782
Oliver Hay | +61 419 528 540
Daniel Wolman | +61 412 957 839

Stonebridge Property Group

Julian White | +61 422 764 137
Chao Zhang | +61 411 625 068
Andrew Milligan | +61 421 559 992

* Approximate

Property History for 615 Warrigal Rd, Ashwood, VIC 3147

A timeline of how this property has performed in the market
Last Sold
$35,688,000
18 Nov 2016
  • 10 Aug 2023
    Listed for Sale Contact agnets today
  • 25 Feb 2021
    Listed for Rent - Price not available
  • 17 Oct 2019
    Listed for Rent - Price not available
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About Ashwood 3147

The size of Ashwood is approximately 2.6 square kilometres. There are 11 parks, covering nearly 12.8% of the total area. The population of Ashwood in 2016 was 6886 people. By 2021 the population was 7154 showing a population growth of 3.9% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation.In 2021, 60.40% of the homes in Ashwood were owner-occupied compared with 59.40% in 2016.

Ashwood has 3,736 properties. Over the last 5 years, Houses in Ashwood have seen a 5.52% increase in median value, while Units have seen a 11.27% increase. As at 30 April 2026:

  • The median value for Houses in Ashwood is $1,493,172 while the median value for Units is $1,028,423.
  • Houses have a median rent of $700 while Units have a median rent of $715.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Ashwood on OnTheHouse. According to Cotality's data, 136 properties were sold in the past 12 months in Ashwood.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.