115 Eighth Street, Mildura, VIC 3500 | Property Value & History | OnTheHouse
OFF MARKET

115 Eighth Street
Mildura VIC 3500

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 190m2
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Property Details for 115 Eighth St, Mildura

Building Type
Commercial
Land Size
190m2
Local Government
Mildura
Lot/Plan
1/TP739383

Last Listing description (August 2023)

The Phone Code for this property is: 48196. Please quote this number when phoning or texting.

Introducing two premium adjoining properties going to open market for the first time in nearly 20 years. Situated in the heart of Mildura City which is currently experiencing an unprecedented building and community growth period. The two properties are being sold as a pair with existing commercial leases in place. Both buildings have served to national long term tenants.
The first building is 115 Eighth Street Mildura and possesses one of Mildura's best dual advertising frontages that can be seen from the Mildura Post Office and adjoining Shell service station. This building has a newly executed lease with options for renewal. It is freshly painted inside and rendered outside. 2 entrance points with large electric roller door and automatic glass entry doors. Audio system fitted throughout. 2 admin offices with large open display area and rear storage areas. 2 toilets and smoko room. New 3 phase electrical throughout. New reverse cycle air-conditioning. Easy deliveries on the laneway side. Modern retail counter. Fully cabled for data. Advertising TV cabling to wall.

The second building is 48 Madden Ave Mildura and adjoins 115 Eighth Street at the SE Corner. This building has been luxuriously fitted to 5 star plus standards serving a long term (24 year - 6x6x6x6) national medical facility specialising in skin and laser treatments. The room layouts include 6 appointment rooms with 3 surgery rooms, office, kitchen, toilets waiting areas, rear offices, laundry area and designer reception area. Premium CBUS automation fitted with audio throughout. 3 phase power and dual 3 phase reverse cycle aircons ensure the building is always at the perfect temperature. Stunning timber laminate floors and interior decorator paint schemes can be viewed on the photos attached.
The two buildings are currently leased at approx. $110,000 PA EX GST (Combined) and will be sold together with 2 different titles. Invest in the safety of bricks and mortar to avoid today's uncertain share market conditions.

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Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 115 Eighth St, Mildura, VIC 3500

A timeline of how this property has performed in the market
Last Sold
$400,000
08 Jun 2012
  • 03 Nov 2021
    Listed for Sale $1,690,000
  • 08 Jun 2012
    Sold for $400,000
  • 22 Oct 2010
    Listed for Sale Not Disclosed
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About Mildura 3500

The size of Mildura is approximately 77.8 square kilometres. It has 54 parks covering nearly 4.2% of total area. The population of Mildura in 2016 was 32738 people. By 2021 the population was 34565 showing a population growth of 5.6% in the area during that time. The predominant age group in Mildura is 30-39 years. Households in Mildura are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mildura work in a professional occupation.In 2021, 58.60% of the homes in Mildura were owner-occupied compared with 58.10% in 2016.

Mildura has 20,957 properties. Over the last 5 years, Houses in Mildura have seen a 67.02% increase in median value, while Units have seen a 75.36% increase. As at 31 December 2025:

  • The median value for Houses in Mildura is $593,989 while the median value for Units is $356,499.
  • Houses have a median rent of $490 while Units have a median rent of $400.
There are currently 159 properties listed for sale, and 69 properties listed for rent in Mildura on OnTheHouse. According to Cotality's data, 1160 properties were sold in the past 12 months in Mildura.

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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.