160 Military RoadAvondale Heights VIC 3034
Property Details for 160 Military Rd, Avondale Heights
Last Listing description (January 2019)
Cushman and Wakefield are pleased to present to the market 160 Military Road (Corner of Mileara Road), Avondale Heights for sale via Auction.
The property has the following key characteristics:
Caltex Australia Management Pty Ltd a wholly owned subsidiary of Caltex Ltd, an ASX50 company with a market capitilisation circa $8 Billion
Approx. 330 sqm of GFA and 15 plus car parks
High performing convenience retail location within close proximity to Coles, Woolworths, Aldi and McDonalds
Avondale Heights strong Melbourne metro suburb located only 12 kms from the CBD
Favourable environmental provisions with ownership of the tanks and remediation responsibility of Caltex
Tenant pays all usual outgoings (including Land Tax)
Fixed 3% annual increases
Net Income $185,500 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 2 November at 10:30am (AEDT) at the Cushman & Wakefield Melbourne Office, located on Level 9, 385 Bourke Street, Melbourne VIC 3000.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Sydney and Brisbane.
Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.
Property History for 160 Military Rd, Avondale Heights, VIC 3034
- 02 Nov 2018Sold for $3,650,000
- 05 Oct 2018Listed for Sale Auction 02/11/18
- 27 Feb 2011Listed for Rent - Price not available
Recent sales nearby
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0About Avondale Heights 3034
The size of Avondale Heights is approximately 5.4 square kilometres. There are 28 parks, covering nearly 27.5% of the total area. The population of Avondale Heights in 2016 was 11633 people. By 2021 the population was 12388 showing a population growth of 6.5% in the area during that time. The predominant age group in Avondale Heights is 40-49 years. Households in Avondale Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Avondale Heights work in a professional occupation.In 2021, 75.80% of the homes in Avondale Heights were owner-occupied compared with 77.60% in 2016.
Avondale Heights has 5,689 properties. Over the last 5 years, Houses in Avondale Heights have seen a 10.35% increase in median value, while Units have seen a 18.23% increase. As at 30 June 2026:
- The median value for Houses in Avondale Heights is $1,077,378 while the median value for Units is $824,961.
- Houses have a median rent of $593 while Units have a median rent of $618.
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