116 Derrimut RoadHoppers Crossing VIC 3029
Property Details for 116 Derrimut Rd, Hoppers Crossing
Last Listing description (November 2020)
Excellent opportunity to secure a prime main road Medical Centrefor Sale or Lease. The subject property is located on a high exposure corner directly opposite Pacific Werribee Plaza whichrecently underwent a $400M* redevelopment and has an estimated 14 million shoppers that visit the centre annually.^
Strategically positioned within the Heaths Road medical precinct and benefiting from huge exposure to passing motorists, the site is further enhanced by 50m* frontage to Derrimut Road, flexibility of 3 titles ensuring suitability for a multitude of uses, future value add or development (STCA) and the capacity for 7 medical practitioners to operate across the site.
Property Summary:
- Total site area: 1,744m2*
- Total building area: 402m2*
- 50m* street frontage
- Dual street access
- Three titles
Lot 1: Car Park
- Land area of 591m2*
- Fully concreted and sealed
- 13 car spaces allocated
- Corner position
- Access via Baggott Drive
Lot 2: 118 Derrimut Road
-Land area of 571m2*
- Total building area of 240m2*
- Permit for 5 medical practitioners
- 5 consulting rooms plus additional dedicated office areas
- Adjoining car park to service customer/practitioner parking
- Fully air-conditioned
- Excellent staff amenities
- Ample on-site parking
- Excellent natural light
- Will suit a wide variety of occupiers (STCA)
Lot 3: 116 Derrimut Road
- Land area of 583m2*
- Building area of 210m2*
- 3 Consulting rooms
- Potential permit for 2 medical practitioners
- Currently leased on a month to month tenancy to "Wings Of Wellness" Psychology practice
- Returning $34,000 pa inclusive of GST and outgoings
- Staff amenities
- Potential for drive through car park at rear - 7 cars
Strategically located within one of the fastest growing corridors in Melbourne's west, the property is within close proximity to the new Williams Landing Residential community andis bounded by major arterials including Heaths Road/Old Geelong Road and Princes Highway.
For further information please contact CVA Property Consultants.
*Approx.
^ Source: qicgre.com
Pricing excludes GST
Property History for 116 Derrimut Rd, Hoppers Crossing, VIC 3029
- 28 May 2020Listed for Sale $2,100,000.00
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0About Hoppers Crossing 3029
The size of Hoppers Crossing is approximately 17.6 square kilometres. There are 60 parks, covering nearly 7.9% of the total area. The population of Hoppers Crossing in 2016 was 38701 people. By 2021 the population was 37216 showing a population decline of 3.8% in the area during that time. The predominant age group in Hoppers Crossing is 30-39 years. Households in Hoppers Crossing are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hoppers Crossing work in a professional occupation.In 2021, 71.20% of the homes in Hoppers Crossing were owner-occupied compared with 73.40% in 2016.
Hoppers Crossing has 16,385 properties. Over the last 5 years, Houses in Hoppers Crossing have seen a 17.46% increase in median value, while Units have seen a 23.46% increase. As at 31 July 2026:
- The median value for Houses in Hoppers Crossing is $701,861 while the median value for Units is $483,302.
- Houses have a median rent of $480 while Units have a median rent of $425.
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