9 Exford RoadMelton South VIC 3338
Property Details for 9 Exford Rd, Melton South
Last Listing description (August 2016)
We are pleased to offer this well
positioned commercial property located in the busy Melton South shopping strip with
excellent main road exposure. Standing
building features a retail takeaway store downstairs and 3 bedrooms and living
arrangements upstairs.
The option of dual occupancy is available for an astute
investor to capitalize on this investment or a keen owner operator could
utilize the space available upstairs. The shop comes fitted with 5 burner wok
units, hot and cold display units all functional and ready to operate. Additional
features include rear laneway access, CCTV and alarm system. Consisting 70sqm
of shop space, used as an Asian takeaway shop, new owners can continue to
operate with the equipment and fit out currently in place or explore other commercial
options. Melton is one of Victoria s
fastest growing areas, and conveniently located within walking distance to all
local amenities including; schools, bus routes and train stations, this is a
fantastic opportunity to secure a commercial premises poised for future growth.
Included in the sale are all fixtures and fittings, fit out and equipment.
Express your interest today!
Floor space: 70sqm
Land: 155sqm
Property History for 9 Exford Rd, Melton South, VIC 3338
- 22 Jul 2016Sold for $517,000
- 20 Mar 2016Transferred
- 29 Feb 2016Listed for Sale Not Disclosed
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About 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 7,734 properties. Over the last 5 years, Houses in Melton South have seen a 37.23% increase in median value, while Units have seen a 23.11% increase. As at 31 December 2025:
- The median value for Houses in Melton South is $576,463 while the median value for Units is $406,138.
- Houses have a median rent of $430 while Units have a median rent of $385.
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