Welcome to 244 Deakin Avenue, Mildura-an outstanding commercial property offering a prime investment opportunity in the bustling heart of this vibrant community. Set to go under the hammer on the 15th of May at 5:30 pm, this property stands as a beacon of potential for the savvy investor.
Boasting a strategic position in Mildura's dynamic commercial hub, this property commands a significant street presence amidst an area known for its high foot traffic, maximising visibility and exposure. The versatile zoning opens doors to a variety of commercial endeavours, including the flexibility for residential conversion, subject to planning permission.
With a grand total of 31 parking spaces, this commercial haven ensures utmost convenience for business patrons and visitors alike, further enhancing its desirability. Occupying a generous 1,841m plot, the space includes 500m(approx.) of versatile commercial real estate, ready to be tailored to your specific requirements.
Whether you envision a bustling office complex or a trendy mixed-use development, this property offers the scale and location to bring your ambitions to life. The inclusion of a walk-in cool room, freezer, and a kitchen outfitted with wok burners hints at the site's previous life, offering easy conversion into a high-end restaurant or a corporate canteen facility.
Opportunities as ripe as this are a rarity in the Mildura real estate market. With its combination of location, versatility, and ample parking, 244 Deakin Avenue is truly a jewel awaiting its new proprietor. Full details are forthcoming-prepare to be captivated.
The size of Mildura is approximately 77.8 square kilometres. There are 54 parks, covering nearly 4.2% of the 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 20,926 properties. Over the last 5 years, Houses in Mildura have seen a 66.37% increase in median value, while Units have seen a 78.04% increase. As at 31 May 2026:
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