481A Keilor RoadNiddrie VIC 3042
Property Details for 481a Keilor Rd, Niddrie
Last Listing description (September 2023)
Fitzroys is delighted to offer 481 & 481A Keilor Road, Niddrie for private sale.
This commanding freehold investment is located within the prime trading section of the established Keilor Road shopping precinct boasting an array of national traders and supported by a significant and growing catchment area.
Key attributes of this offering:
- Two well-presented, expansive shops with a combined building area of 904sqm*
- Significant landholding of 650sqm*
- Commanding frontage to Keilor Road of 15.24 metres*
- Additional shared ownership in land at rear (817sqm*) currently used for car parking
- Leased to two National tenants TAB (ASX 100 company in occupation since 2005) and Vinnies (Society of St Vincent De Paul with over 650 locations nationally)
- Returning $200,078* per annum plus outgoings and GST
- Excellent scope for future re-development and/or subdivision (stca)
- Positioned within the heart of a well-supported and highly regarded retail precinct
- Located next door to Niddrie Library and surrounded by major tenants including CBA, Aus Post, Chemist Warehouse, NAB, Woolworths, Mitre 10, Petbarn and many popular eateries and local traders
- Tram stop at doorstep and large council car park at rear
- Direct access to major arterials including Matthews Avenue, Tullamarine and Calder Freeways, Linkt Tollway, Bulla Road and Mt Alexander Road
- Unrivalled opportunity to acquire a significant retail asset underpinned by leases to 2 major tenants and strategically positioned in a sought after location only 11kms* north west of Melbourne's CBD
For further information or an inspection, please contact Chris Kombi and Ervin Niyaz
*Approx.
Property History for 481a Keilor Rd, Niddrie, VIC 3042
- 01 Jun 2023Listed for Sale Contact Agent
- 25 Jun 2014Listed for Rent - Price not available
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 3,193 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.
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