132 Langtree Avenue, Mildura, VIC 3500 sold on 19 January 2026 | OnTheHouse
 
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Sold on 19 Jan 2026 for $3,170,000

132 Langtree Avenue
Mildura VIC 3500

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 950m2
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Property Details for 132 Langtree Ave, Mildura

Building Type
Commercial
Land Size
950m2
Local Government
Mildura
Lot/Plan
1/TP848994

Last Listing description (January 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:

Blue-chip tenant security
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.

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Property History for 132 Langtree Ave, Mildura, VIC 3500

A timeline of how this property has performed in the market
Last Sold
$3,170,000
19 Jan 2026
  • 19 Jan 2026
    Sold for $3,170,000
  • 11 Sep 2025
    Listed for Sale $3,200,000 - $3,500,000
  • 28 Sep 2010
    Sold for $535,000
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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 20,954 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 158 properties listed for sale, and 62 properties listed for rent in Mildura on OnTheHouse. According to Cotality's data, 1167 properties were sold in the past 12 months in Mildura.

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