15A/314-360 Childs RoadMill Park VIC 3082
Property Details for 15a/314-360 Childs Rd, Mill Park
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:
* 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.
Property History for 15a/314-360 Childs Rd, Mill Park, VIC 3082
- 25 May 2025Sold for $500,000
- 26 Nov 2024Listed for Sale Price on Application
- 15 Apr 2024Listed for Sale For Sale
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0About Mill Park 3082
The size of Mill Park is approximately 12.8 square kilometres. There are 60 parks, covering nearly 18.3% of the 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 12,072 properties. Over the last 5 years, Houses in Mill Park have seen a 21.13% increase in median value, while Units have seen a 28.85% increase. As at 30 April 2026:
- The median value for Houses in Mill Park is $907,586 while the median value for Units is $576,838.
- Houses have a median rent of $560 while Units have a median rent of $500.
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