1 Kings Road, Kings Park, VIC 3021 | Property Value & History | OnTheHouse
 
OFF MARKET

1 Kings Road
Kings Park VIC 3021

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 126m2
Land area: 1123m2
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Property Details for 1 Kings Rd, Kings Park

Building Type
Commercial
Floor Size
126m2
Land Size
1123m2
Local Government
Brimbank
Lot/Plan
102/LP121752

Last Listing description (November 2023)

JLL Retail Investments has the exclusive privilege of offering an extremely rare, entry-level, metro Melbourne service station investment with a head office lease to 7-Eleven Australia. The property is located on the corner of Kings Road and Main Road West with a combined estimated 44,000+ daily passing vehicles.

7-Eleven Kings Park is strategically located approximately 19 kilometres (30 minutes) north-west of the Melbourne CBD and approximately 10 kilometres from the Melbourne Airport.


The service station is located in the heart of the west's major expansion which is forecasted to have the highest population growth in all of Melbourne, 2.5% p.a. compounding until 2036 which equates to an additional 482,643* people.

Key details of the opportunity include:
+ 10 Year NET Lease expiring 31st October 2028
+ Head Office Lease to 7-Eleven Australia
+ All outgoings excluding Land Tax are recoverable from the tenant
+ Estimated Net Income of $173,868 + GST
+ Corner site with estimated 44,000 daily passing vehicles.
+ Only 19km* from the Melbourne CBD.

7-Eleven Kings Park is available for sale via public on-site auction on Thursday 16th November 2023 at 12:00pm (AEDT)

PLEASE NOTE: Freehold only - Business not for sale

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Jarrod Herscu | 0418 155 062
Tom Noonan | 0402 319 698
MingXuan Li | 0498 688 998

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Property History for 1 Kings Rd, Kings Park, VIC 3021

A timeline of how this property has performed in the market
Last Sold
$2,625,000
17 Nov 2023
Listed for Rent
$320/w
07 May 2015
  • 17 Nov 2023
    Sold for $2,625,000
  • 11 Oct 2023
    Listed for Sale Contact Selling Agents
  • 28 Apr 2015
    Listed for Rent $320 / week
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About Kings Park 3021

The size of Kings Park is approximately 2.5 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of Kings Park in 2016 was 8198 people. By 2021 the population was 8203 showing a population growth of 0.1% in the area during that time. The predominant age group in Kings Park is 30-39 years. Households in Kings Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kings Park work in a labourer occupation.In 2021, 74.70% of the homes in Kings Park were owner-occupied compared with 72.90% in 2016.

Kings Park has 2,992 properties. Over the last 5 years, Houses in Kings Park have seen a 19.74% increase in median value, while Units have seen a 10.94% increase. As at 28 February 2026:

  • The median value for Houses in Kings Park is $670,020 while the median value for Units is $480,719.
  • Houses have a median rent of $498 while Units have a median rent of $295.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Kings park on OnTheHouse. According to Cotality's data, 86 properties were sold in the past 12 months in Kings park.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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