39 Station RoadMelton South VIC 3338
Property Details for 39 Station Rd, Melton South
Last Listing description (December 2021)
Buy the iconic Melton South Laundromat. This exceptionally well-located commercial building is now available for sale as a Tenanted Investment. With main road frontage, set on a 172sqm block within walking distance to Melton South Train Station and newly constructed Shopping Centre, this is prime position. With a new secure lease recently signed, returning $33,000 per annum in Rent, plus Tenants pay all Outgoings and Building Maintenance. A fixed 5 year lease with further five year terms indexed at CPI.
This type of Commercial Investment opportunity is rarely offered and is ideal for Investors seeking high return on their money. For all the details, call Professionals Ryder Real Estate Melton today to obtain further information.
AUCTION SATURDAY 4th DECEMBER AT 12.00PM
Property History for 39 Station Rd, Melton South, VIC 3338
- 04 Dec 2021Sold for $530,000
- 10 Nov 2021Listed for Sale CONTACT AGENT
- 05 Apr 2013Sold for $230,000
Recent sales nearby
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0About Melton South 3338
The size of Melton South is approximately 5.4 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Melton South in 2016 was 11517 people. By 2021 the population was 11362 showing a population decline of 1.4% in the area during that time. The predominant age group in Melton South is 0-9 years. Households in Melton South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton South work in a machinery operators and drivers occupation.In 2021, 61.00% of the homes in Melton South were owner-occupied compared with 63.70% in 2016.
Melton South has 7,737 properties. Over the last 5 years, Houses in Melton South have seen a 36.74% increase in median value, while Units have seen a 24.79% increase. As at 31 January 2026:
- The median value for Houses in Melton South is $583,752 while the median value for Units is $411,099.
- Houses have a median rent of $430 while Units have a median rent of $385.
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