14/20 Commercial RoadMelbourne VIC 3004
Property Details for 14/20 Commercial Rd, Melbourne
Last Listing description (December 2021)
On Fawkner Park - Huge Apartment - Multi Uses
One-On-One Private Inspections are available for this property at a time to best suit you and your schedule.
The Dream:
A highly flexible property with multiple uses and configurations. Can be 2 x 2 bedroom apartments each with their own car spaces (current setup). Can be 3 bedroom, 2 bathroom, 2 living area, 2 car parks. Can be apartment and office.
Fantastic living directly on Fawkner Park. For investors tenants love living here.
The Location;
Fawkner Park and Albert Park Lake on the door steps. Alfred Hospital across the road. Trams to city. St Kilda Rd.
Next Steps:
Opportunities are larger in the rear vision mirror...be quick and book your appointment. This property must be viewed to understand just how fantastic this opportunity is. Book an appointment!
Property History for 14/20 Commercial Rd, Melbourne, VIC 3004
- 04 Aug 2021Listed for Sale Private sale $1,050,000 - $1,150,000
- 21 Apr 2020Listed for Rent $400 WEEKLY
- 31 May 2016Listed for Rent - Price not available
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About Melbourne 3004
The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 13,703 properties. Over the last 5 years, Houses in Melbourne have seen a 55.43% increase in median value, while Units have seen a -3.58% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $2,238,081 while the median value for Units is $645,498.
- Houses have a median rent of $720 while Units have a median rent of $650.
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