397 Keilor Road, Niddrie, VIC 3042 | Property Value & History | OnTheHouse
 
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397 Keilor Road
Niddrie VIC 3042

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 232m2
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Property Details for 397 Keilor Rd, Niddrie

Building Type
Commercial
Land Size
232m2
Local Government
Moonee Valley
Lot/Plan
6/LP10508

Last Listing description (March 2019)

Situated in the heart of Keilor Road, the two storey solid brick retail investment currently leased to Qudos Bank features a generous ground floor layout with open plan offices, 3 glass partitioned offices and ducted cooling. The secure internal stair access leads to the first floor and comprises an additional mixture of open plan and partitioned offices, staff amenities and kitchenette. The property further benefits from rear ROW access, lock-up garage and tandem parking for up to 6 vehicles.
Investment Summary;
- Tenant: Qudos Mutual Ltd

- Return: $68,640.00 per annum net
- Term: Five (5) years + Five (5) years
- Commencement: 29th July 2017
- Reviews: Annual 4%
Property Summary:
- Total building area: 190m2*
- Total land area: 228m2*
- Rear ROW access
- On-site parking for 6 vehicles
- Commercial 1 Zone
Centrally positioned with the tram services at its doorstep, the property is within walking distance to Niddrie Central Shopping Centre anchored by Woolworths, 7-Eleven, My Chemist and a host of local cafe's and restaurants along this busy retail strip. The property also provides convenient access to the Tullamarine Freeway and its associated linkages to other major arterials and Essendon Fields which are within 1.8km* of the site.
CVA Property Consultants are pleased to offer 397 Keilor Road, Niddrie for Public Auction on Thursday 21st March 2019 at 12pm on-site.
For further information please contact CVA Property Consultants.
** STRICTLY NO INSPECTIONS ON AUCTION DAY **
*Approx
Pricing excludes GST. (Auction Terms:10% deposit. Balance 60 days)

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Property History for 397 Keilor Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$1,500,000
21 Mar 2019
Listed for Rent
$997/w
26 Jul 2012
  • 21 Mar 2019
    Sold for $1,500,000
  • 19 Feb 2019
    Listed for Sale Not Disclosed
  • 26 Jul 2012
    Listed for Rent - Price not available
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About Niddrie 3042

The size of Niddrie is approximately 1.9 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Niddrie in 2016 was 5479 people. By 2021 the population was 5901 showing a population growth of 7.7% in the area during that time. The predominant age group in Niddrie is 40-49 years. Households in Niddrie are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Niddrie work in a professional occupation.In 2021, 74.70% of the homes in Niddrie were owner-occupied compared with 73.00% in 2016.

Niddrie has 3,193 properties. Over the last 5 years, Houses in Niddrie have seen a 14.54% increase in median value, while Units have seen a 9.61% increase. As at 31 March 2026:

  • The median value for Houses in Niddrie is $1,352,065 while the median value for Units is $777,854.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Niddrie on OnTheHouse. According to Cotality's data, 154 properties were sold in the past 12 months in Niddrie.

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