601 Keilor Road, Niddrie, VIC 3042 | Property Value & History | OnTheHouse
OFF MARKET

601 Keilor Road
Niddrie VIC 3042

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Property Details for 601 Keilor Rd, Niddrie

Building Type
Commercial
Local Government
Moonee Valley

Last Listing description (December 2018)

Prominent Corner Exposure

Enjoying superb exposure and favourable access, this prominent commercially zoned building promises an excellent return in a highly sought locale.
Situated on bustling Keilor Road, it s within quick access of the region s major arterials including Tullamarine, CityLink and Calder Freeways plus Western Ring Road assuring the CBD, airport and western suburbs are all just moments away.
The floor plan is divided into logical, independently leasable components, collectively returning approximately $7,600 per calendar month.

A versatile ground floor layout lends itself to different configurations, assisted by a superb corner position.
The layout currently accommodates six different leases comprising four workshops, a showroom, four offices and two receptions complemented by several storage facilities and at least eleven off street parking spaces.
Staff amenities include three different kitchen/meals areas and five powder rooms.
The flexible arrangement lends itself to different types of businesses, existing tenants including car workshops and vehicle repairs plus plumbing supplies and maintenance.
Residential premises feature on the first floor, comprising two spacious bedrooms (BIRs), kitchen/meals, living zone, bathroom, powder room plus mezzanine and outdoor entertaining areas.
Occupying a generous allotment measuring approximately 1287m2 and convenient to Keilor Road retail precinct, it also presents exciting opportunities for alternative commercial proposals (STCA).

Features
- Superb corner allotment on bustling Keilor Road assures excellent exposure and access
- Collectively returning approximately $7,600 pcm across six independent leases
- Excellent access to Tullamarine, CityLink and Calder Freeways plus the Western Ring Road
- Ground floor serves commercial purpose, the first floor providing residential premises
- Excellent parking options with eleven spaces provided on site
- Land of approximately 1286.500 m2 also invites exciting alternative proposals (STCA).

Property History for 601 Keilor Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
  • 06 Sep 2018
    Listed for Sale contact Agent
  • 18 Nov 2015
    Listed for Rent Lease: $1083.00 per Month
  • 09 Jun 2006
    Listed for Rent $9,360
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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 3,194 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, 155 properties were sold in the past 12 months in Niddrie.

Suburb Insights for Niddrie 3042

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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.