519 Melbourne RoadNewport VIC 3015
Property Details for 519 Melbourne Rd, Newport
Last Listing description (September 2021)
CBRE Victorian Health, Aged and Child Care are pleased to present to the market 519 Melbourne Road, Newport for sale via expressions of interest closing Tuesday 27th February at 2pm.
We highlight some key features below:
- Leased to Little Seeds Early Learning Centre, a joint venture between two of Australia's most successful childcare operators
- New 15 year lease with options to 2052
- Currently under construction and scheduled to open October 2018
- Passing rental income of $520,000 p.a* with annual built in rental growth
- New state of the art building of 3,204sqm* licensed for 130 places plus 20 onsite car spaces
- Substantial landholding of 1,640sqm* with prominent dual street frontages only 6km* from the CBD
- Close proximity to the cosmopolitan Newport shopping strip, Newport station, Newport Lakes Primary School, Sacred Heart Primary School and Spotswood Primary School
*Approx
For sale via expressions of interest closing Tuesday 27th February at 2pm
Josh Twelftree
+61 452 524 985
Sandro Peluso
+61 418 389 757
Kinson Wong
+61 450 712 341
Property History for 519 Melbourne Rd, Newport, VIC 3015
- 02 Sep 2021Listed for Sale SOLD - $4,050,000
- 09 Mar 2018Sold for $4,050,000
Recent sales nearby
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About Newport 3015
The size of Newport is approximately 5.2 square kilometres. There are 22 parks, covering nearly 15.4% of the total area. The population of Newport in 2016 was 12916 people. By 2021 the population was 13658 showing a population growth of 5.7% in the area during that time. The predominant age group in Newport is 40-49 years. Households in Newport are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Newport work in a professional occupation.In 2021, 69.50% of the homes in Newport were owner-occupied compared with 69.20% in 2016.
Newport has 6,599 properties. Over the last 5 years, Houses in Newport have seen a -6.72% decrease in median value, while Units have seen a -0.55% decrease. As at 31 July 2026:
- The median value for Houses in Newport is $1,184,315 while the median value for Units is $741,684.
- Houses have a median rent of $740 while Units have a median rent of $630.
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