15A/314-360 Childs Road, Mill Park, VIC 3082 sold on 25 May 2025 | OnTheHouse
 
SOLD
Sold on 25 May 2025 for $500,000

15A/314-360 Childs Road
Mill Park VIC 3082

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 95m2
Land area: 53359m2
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Property Details for 15a/314-360 Childs Rd, Mill Park

Building Type
Commercial
Year Built
1990
Floor Size
95m2
Land Size
53359m2
Local Government
Whittlesea
Lot/Plan
81/SP25904

Last Listing description (April 2025)

Prominent Commercial Space Available for Sale at the Heart of Stables Shopping Centre offering a superb return.

Looking for a commercial investment with an excellent return? This high volume passing trade shop situated in the vibrant Stables Shopping Centre, an exceptional opportunity awaits for discerning investor looking to make their mark in the thriving Mill Park vicinity. This coveted location is surrounded by major retailers, including Woolworths, BWS, Australia Post, and an enticing array of dining and entertainment options, ensuring a constant stream of potential customers.

Current Lease Details:

* $30,160 plus gst from May 2025
* Current lease Commencement 1st May 2024 three (3) years plus an option of three (3) years
* Tenant pays all outgoings
* Annual fixed 4% Increase per annum

Key Highlights:
* Spacious floor area encompassing approximately 50 square meters approx
* Abundant natural light, thanks to its north-facing orientation
* Convenient on-site parking for both staff and patrons
* A picturesque setting directly opposite the Redleap Reserve and local sports and recreational complexes
* A warm and welcoming community ambiance that fosters customer loyalty
* Enjoys high foot traffic, offering excellent visibility for your business

Be quick to secure this ideal investment.

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Property History for 15a/314-360 Childs Rd, Mill Park, VIC 3082

A timeline of how this property has performed in the market
Last Sold
$500,000
25 May 2025
Listed for Rent
23 Jan 2018
  • 25 May 2025
    Sold for $500,000
  • 26 Nov 2024
    Listed for Sale Price on Application
  • 15 Apr 2024
    Listed for Sale For Sale
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About Mill Park 3082

The size of Mill Park is approximately 12.8 square kilometres. It has 60 parks covering nearly 18.3% of total area. The population of Mill Park in 2016 was 29710 people. By 2021 the population was 28712 showing a population decline of 3.4% in the area during that time. The predominant age group in Mill Park is 50-59 years. Households in Mill Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mill Park work in a professional occupation.In 2021, 74.80% of the homes in Mill Park were owner-occupied compared with 76.30% in 2016.

Mill Park has 12,076 properties. Over the last 5 years, Houses in Mill Park have seen a 26.83% increase in median value, while Units have seen a 24.62% increase. As at 30 November 2025:

  • The median value for Houses in Mill Park is $897,169 while the median value for Units is $549,779.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 32 properties listed for sale, and 27 properties listed for rent in Mill park on OnTheHouse. According to Cotality's data, 464 properties were sold in the past 12 months in Mill park.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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