132 Langtree AvenueMildura VIC 3500
Property Details for 132 Langtree Ave, Mildura
Last Listing description (February 2026)
A rare and highly sought-after opportunity to secure a premium commercial 1 zone freehold in the heart of the city. Occupied by Holcroft Lawyers, a respected law firm with over 25 years of service, this exceptional investment combines blue-chip tenancy security with a modern, purpose-built professional office complex.
Constructed and completed in 2023, the two-storey building exudes quality and functionality, designed to suit professional services of the highest standard. With a long-term lease in place, substantial income, and excellent depreciation benefits, this property represents an outstanding set-and-forget investment.
Key Investment Highlights:
New quality build: Completed in 2023, presenting as-new condition.
Generous site: 950m allotment with sealed rear lane access.
Modern office complex: Approx. 740m over two levels.
Flexible internal layout including:
Multiple private offices
Administrative work zones
Client meeting rooms
Large boardroom
Smart front reception with custom-built-in cabinetry
Two kitchens and separate storerooms
Balcony and excellent natural light throughout
Premium facilities: Reverse cycle and split-system air conditioning throughout.
On-site parking: 8 car spaces on title with secure electric gate access.
Lease & Income:
Lease commenced: December 2023.
Term: 10 years with further 3 x 5-year options.
Current rent: $185,400 + GST (increasing by CPI in December 2025) & outgoings.
Annual CPI increases: Ensuring consistent rental growth.
Excellent depreciation benefits from new construction.
This is a blue-ribbon opportunity to secure a premium freehold investment in the inner city, underpinned by a secure long-term lease and an as-new commercial building that offers superior tenant amenity and strong income growth potential.
Property History for 132 Langtree Ave, Mildura, VIC 3500
- 03 Dec 2025Sold for $3,170,000
- 11 Sep 2025Listed for Sale $3,200,000 - $3,500,000
- 28 Sep 2010Sold for $535,000
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0About 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 21,005 properties. Over the last 5 years, Houses in Mildura have seen a 65.84% increase in median value, while Units have seen a 66.82% increase. As at 28 February 2026:
- The median value for Houses in Mildura is $604,667 while the median value for Units is $364,716.
- Houses have a median rent of $500 while Units have a median rent of $400.
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