19 Cambridge Road, Mooroolbark, VIC 3138 sold on 02 June 2025 | OnTheHouse
SOLD
Sold on 02 Jun 2025 for $2,915,000

19 Cambridge Road
Mooroolbark VIC 3138

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 1721m2
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Property Details for 19 Cambridge Rd, Mooroolbark

Building Type
Land
Year Built
1970
Land Size
1721m2
Local Government
Yarra Ranges
Lot/Plan
1/PS332475

Last Listing description (August 2025)

Site Area: 1,720 sqm (approx.)
Zoning: General Residential Zone (GRZ1)
Development Type: Approved premium childcare facility (S.T.C.A.)

Capacity: 114 places (S.T.C.A.)

Investment Highlights:

Secure Lease: Current signed agreement for lease at $500,000 per year for 20 years*
Established Demand: Situated in a high-demand corridor of Melbourne, surrounded by retail and lifestyle amenities
Architectural Excellence: Designed by a world-class consultancy team, ensuring a state-of-the-art facility
Lifestyle Amenities:

Close proximity to various retail and lifestyle options, enhancing appeal for families and operators alike.
Sales Details:

Sale Method: Private Treaty

*For further information or to schedule an inspection, please contact the team at Ray White Box Hill.

This is a unique opportunity to acquire a well-located, premium childcare development with significant lease security in a thriving community.

Property History for 19 Cambridge Rd, Mooroolbark, VIC 3138

A timeline of how this property has performed in the market
Last Sold
$2,915,000
02 Jun 2025
Listed for Rent
$60k/w
28 Jul 2023
  • 02 Jun 2025
    Sold for $2,915,000
  • 31 Oct 2024
    Listed for Sale Contact Agent
  • 24 Aug 2023
    Listed for Sale $675000 - $695000
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About Mooroolbark 3138

The size of Mooroolbark is approximately 12.4 square kilometres. It has 44 parks covering nearly 8.7% of total area. The population of Mooroolbark in 2016 was 21967 people. By 2021 the population was 23059 showing a population growth of 5.0% in the area during that time. The predominant age group in Mooroolbark is 30-39 years. Households in Mooroolbark are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mooroolbark work in a professional occupation.In 2021, 78.00% of the homes in Mooroolbark were owner-occupied compared with 78.80% in 2016.

Mooroolbark has 10,622 properties. Over the last 5 years, Houses in Mooroolbark have seen a 23.68% increase in median value, while Units have seen a 13.05% increase. As at 31 December 2025:

  • The median value for Houses in Mooroolbark is $955,930 while the median value for Units is $690,469.
  • Houses have a median rent of $625 while Units have a median rent of $575.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Mooroolbark on OnTheHouse. According to Cotality's data, 481 properties were sold in the past 12 months in Mooroolbark.

Suburb Insights for Mooroolbark 3138

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.