433-435 Keilor RoadNiddrie VIC 3042
Property Details for 433-435 Keilor Rd, Niddrie
Last Listing description (December 2021)
Aston Commercial are pleased to offer 433-435 Keilor Road, Niddrie for sale by Public Auction on Thursday 16th December 2021 at 12pm on-site.
This two level freehold building of 430sqm* has been occupied by the Commonwealth Bank for several decades, prominently located on Keilor Road in the heart of this thriving retail strip. The property is securely leased to CBA who have recently exercised a new lease term and have one further option.
Property Highlights:
Land Area: 418 sqm*
Rent: $165,154 pa + GST
Leased to longstanding tenant CBA
On-site parking via R.O.W
Substantial rear council car park
Flexible Commercial 1 Zoning
This site also presents enormous development upside for a mixed use development (STPA) in the future with nearby precedent already set.
Positioned on the busy southern side of the retail strip this property also abuts a major public carpark adding convenience for any future tenant or operator.
Aston Commercial highly recommend this generational asset for your serious consideration.
*approx.
Property History for 433-435 Keilor Rd, Niddrie, VIC 3042
- 16 Dec 2021Sold for $3,710,000
- 18 Nov 2021Listed for Sale Contact Agent
- 25 Jun 1997Sold for $800,000
Recent sales nearby
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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 3,191 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.
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