20 Olsen Place, Broadmeadows, VIC 3047 sold on 17 June 2025 | OnTheHouse
SOLD
Sold on 17 Jun 2025 for $725,000

20 Olsen Place
Broadmeadows VIC 3047

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 193m2
Sold By
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Claudio+Marwan Residential- Eview Group
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Property Details for 20 Olsen Pl, Broadmeadows

Building Type
Commercial
Land Size
193m2
Local Government
Hume
Lot/Plan
4/LP34254

Last Listing description (September 2025)

C+M Residential proudly present this rare commercial freehold opportunity in Broadmeadows. Currently leased to long-standing tenant Middle East Meats, this solid shopfront offers an immediate income stream for savvy investors looking to add to their portfolio or break into the market. Surrounded by established retailers and set within a local shopping strip, this is a secure bricks-and-mortar play with strong rental appeal. Whether you're chasing dependable returns or future upside, this spot delivers. An investment with bite - don't miss your chance to own it.

THE UNDENIABLE
Commercial freehold

Building area of 193m2 approx.
Currently leased to Middle East Butcher until Dec 2029
Heating & cooling
Storage areas
Office space
Kitchen zone
Toilet with vanity
Rear roller doors
Zoned Under the City of Hume - Commercial Residential Zone

THE LOCAL SPOTS
COFFEE: Country Bakery, Olsen Pl Bakehouse
EAT: Middle Eastern Feast, Patisserie Alhana, Mersin 33 Tantuni, Olsen Plaza
SHOPS: Olsen Place, Widford St, Camp Rd, Pascoe Vale Rd
WELLNESS: Al Attar Organic Shop, Body Motion Therapy
PARKS: Anderson Reserve, Jack Roper Reserve, Seabrook Reserve
SCHOOLS: Meadows Primary, Penola Catholic College, St Dominic's Primary,

THE CLINCHER
Tenanted & ticking over - start earning from day one!
A no-fuss freehold in a growing northern pocket

THE TERMS:
Deposit of 10%
Settlement of 30/45/60 days

Secure your INSPECTION Today by using our booking calendar via the REQUEST INSPECTION button...

*All information about the property has been provided to C+M Residential by third parties. C+M prides itself on being accurate, however, has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to this property.

Marwan Abdulwahed: 0420 647 396
Frank Antonello: 0414 567 768

Property History for 20 Olsen Pl, Broadmeadows, VIC 3047

A timeline of how this property has performed in the market
Last Sold
$725,000
17 Jun 2025
  • 17 Jun 2025
    Sold for $725,000
  • 16 Jun 2025
    Listed for Sale CONTACT AGENT
  • 06 Aug 2021
    Sold for $650,000
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About Broadmeadows 3047

The size of Broadmeadows is approximately 8.4 square kilometres. It has 13 parks covering nearly 14.2% of total area. The population of Broadmeadows in 2016 was 11970 people. By 2021 the population was 12524 showing a population growth of 4.6% in the area during that time. The predominant age group in Broadmeadows is 30-39 years. Households in Broadmeadows are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broadmeadows work in a labourer occupation.In 2021, 46.90% of the homes in Broadmeadows were owner-occupied compared with 47.10% in 2016.

Broadmeadows has 6,675 properties. Over the last 5 years, Houses in Broadmeadows have seen a 17.40% increase in median value, while Units have seen a 20.21% increase. As at 31 March 2026:

  • The median value for Houses in Broadmeadows is $683,192 while the median value for Units is $527,076.
  • Houses have a median rent of $495 while Units have a median rent of $485.
There are currently 23 properties listed for sale, and 22 properties listed for rent in Broadmeadows on OnTheHouse. According to Cotality's data, 332 properties were sold in the past 12 months in Broadmeadows.

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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.