2/151-159 Princes Highway, Hallam, VIC 3803 | Property Value & History | OnTheHouse
 
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2/151-159 Princes Highway
Hallam VIC 3803

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 19812m2
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Property Details for 2/151-159 Princes Hwy, Hallam

Building Type
Commercial
Land Size
19812m2
Local Government
Casey
Lot/Plan
2/PS515084

Last Listing description (August 2014)

A rare opportunity to secure a quality main road investment property currently leased to Xanadu Play Centre on a ten (10) year lease expiring July 2021 plus a five (5) year further term.

The property which has been occupied by the existing tenant since July 2006 is currently returning $105,975.00 net rental per annum + outgoings & GST.

Features include 1000m2 (approx) of high clearance warehouse with both front glass tilt access and side roller door access along with ample on site common parking.

The subject property is located at the front of a highly sought after estate with no existing lease vacancy, offering exceptional main road frontage to the six lane Princes Highway and is only approximately 300 metres from the South Gippsland Highway which adjoins itself to the Monash Freeway.

A great opportunity to invest with confidence and set and forget;

10 year lease expiring July 2021 + 5 year further term
$105,975.00 net rental + outgoings & GST
Existing long term tenant since 2006
Depreciation benefits apply

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Property History for 2/151-159 Princes Hwy, Hallam, VIC 3803

A timeline of how this property has performed in the market
Last Transferred
29 Mar 2025
  • 29 Mar 2025
    Transferred
  • 25 Jul 2014
    Sold for $1,500,000
  • 09 May 2014
    Listed for Sale Not Disclosed
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About Hallam 3803

The size of Hallam is approximately 8.3 square kilometres. It has 30 parks covering nearly 6.4% of total area. The population of Hallam in 2016 was 10852 people. By 2021 the population was 11355 showing a population growth of 4.6% in the area during that time. The predominant age group in Hallam is 20-29 years. Households in Hallam are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hallam work in a trades occupation.In 2021, 70.50% of the homes in Hallam were owner-occupied compared with 71.60% in 2016.

Hallam has 5,977 properties. Over the last 5 years, Houses in Hallam have seen a 28.57% increase in median value, while Units have seen a 29.49% increase. As at 31 January 2026:

  • The median value for Houses in Hallam is $820,029 while the median value for Units is $582,998.
  • Houses have a median rent of $560 while Units have a median rent of $510.
There are currently 27 properties listed for sale, and 12 properties listed for rent in Hallam on OnTheHouse. According to Cotality's data, 244 properties were sold in the past 12 months in Hallam.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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