2/85-91 High StreetMelton VIC 3337
Property Details for 2/85-91 High St, Melton
Last Listing description (August 2022)
This property provides a great opportunity to add to your investment portfolio. Situated on busy High Street with exceptional exposure and a long standing tenant of over 20 years is currently Leased until the 4th of October 2022 plus an option. The current rent is $24,960 per annum with the tenant having a provisional some for the outgoings Plus GST (if applicable)
This solid brick factory features 2 x large mezzanine areas, reception area and separate office and amenities. Carparking is out the front with 4 spaces plus common ground and only 600 plus meters to Western Highway.
Floor Area" 208 m2
For Sale: Contact Agent
Property History for 2/85-91 High St, Melton, VIC 3337
- 29 Jul 2022Sold for $500,000
- 26 Jul 2022Listed for Sale Contact Agent
- 06 Dec 2011Sold for $251,000
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About Melton 3337
The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2016 was 8069 people. By 2021 the population was 7953 showing a population decline of 1.4% in the area during that time. The predominant age group in Melton is 30-39 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a machinery operators and drivers occupation.In 2021, 62.10% of the homes in Melton were owner-occupied compared with 63.20% in 2016.
Melton has 5,361 properties. Over the last 5 years, Houses in Melton have seen a 35.02% increase in median value, while Units have seen a 35.89% increase. As at 31 March 2026:
- The median value for Houses in Melton is $557,486 while the median value for Units is $440,165.
- Houses have a median rent of $410 while Units have a median rent of $393.
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