38A Langtree AvenueMildura VIC 3500
Property Details for 38a Langtree Ave, Mildura
Last Listing description (September 2022)
Astute investors dont miss this exciting opportunity in the heart of Mildura's Feast Street. This freehold commercial property is ready for new owners, offering an impressive return of $28,644 per annum (plus GST).
145sqm building that has been set on a generous 237.5sqm site with a grassed area at the rear and parking space for staff.
This is the set-and-forget investment opportunity with a long term tenant and well established business you have been looking for!
This commercial property is impeccably presented, located at the river end of Langtree Avenue close to the beautiful parklands that wind along the river's edge. Major services, public transport and ample street parking are on offer, while the desirable location ensures ample foot traffic for the lucky tenants to enjoy.
Property History for 38a Langtree Ave, Mildura, VIC 3500
- 30 Apr 2022Listed for Sale $549,000-$603,000
- 07 Oct 2020Listed for Sale $549,000-$603,000
- 06 Oct 2017Sold for $510,000
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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 20,956 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.
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