40D/314-360 Childs RoadMill Park VIC 3082
Property Details for 40d/314-360 Childs Rd, Mill Park
Last Listing description (October 2023)
North Link Real Estate is delighted to offer for sale this outstanding opportunity to purchase a well-located shop with main road exposure in the heart of Mill Park.
The property is located at the tightly held Stables Shopping Centre which makes it a very desirable investment for the astute investor or superfund.
Key Property Features:
Rental Return: $45,050 + GST
Term: 5 Years (Commenced 19th August 2019)
Options: Five (5) x Five (5) Years
All outgoings payable by tenant with 3% Fixed annual increases
Only 18km from CBD and minutes to all major arterials
Located in Norths most exciting growth precincts.
Don't miss this cracking investment, for further details and inspection contact Rocco Raco 0412 536 862
Property History for 40d/314-360 Childs Rd, Mill Park, VIC 3082
- 24 May 2023Listed for Sale Private Sale $910,000
- 26 May 2022Sold for $850,000
- 06 May 2022Listed for Sale Contact Agent
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0About 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 12,069 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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