11 Ian StreetNoble Park VIC 3174
Property Details for 11 Ian St, Noble Park
Last Listing description (September 2026)
An excellent opportunity to secure a fully leased commercial investment in one of Noble Park's established retail and commercial precincts. Offering immediate rental income and annual rental growth, this affordable investment is ideal for both seasoned investors and those looking to enter the commercial property market.
Positioned on approximately 209m of land with a building area of approximately 70m, the property is currently leased to an established tenant and provides a strong holding income of approximately $19,845 per annum plus GST and outgoings, with annual rental increases built into the lease structure.
The premises comprises a flexible retail/commercial layout suitable for a variety of business uses and includes kitchen and toilet amenities. A significant advantage is the provision of two off-street car parks, providing added convenience for staff and customers alike.
Conveniently located within close proximity to Noble Park Shopping Centre, Noble Park Train Station and major arterial roads, the property benefits from excellent accessibility and exposure within a well-established commercial catchment. Schools, childcare facilities, parks and a wide range of local amenities are all nearby, supporting ongoing demand from both businesses and customers.
Property Features
Land area: approx. 209m
Securely leased investment
Returning approx. $20,442 p.a. plus GST & outgoings*
Annual rental increases*
Two off-street car parks
Kitchen and toilet facilities
Flexible retail/commercial premises
Established Noble Park location
Secure your position in one of Melbourne's most affordable commercial markets with this well-located investment offering immediate income and future growth potential.
For further information or to arrange an inspection, contact Alan Tran on 0402 268 872.
Property History for 11 Ian St, Noble Park, VIC 3174
- 21 Sep 2026Sold for $518,000
- 18 Jun 2026Listed for Sale Buy Now! $575,000 - $625,000
- 22 Dec 2021Listed for Rent $21,000 / month
Recent sales nearby
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About Noble Park 3174
The size of Noble Park is approximately 8.6 square kilometres. There are 22 parks, covering nearly 6.0% of the total area. The population of Noble Park in 2016 was 30998 people. By 2021 the population was 32257 showing a population growth of 4.1% in the area during that time. The predominant age group in Noble Park is 30-39 years. Households in Noble Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noble Park work in a labourer occupation.In 2021, 56.30% of the homes in Noble Park were owner-occupied compared with 54.90% in 2016.
Noble Park has 15,654 properties. Over the last 5 years, Houses in Noble Park have seen a 3.88% increase in median value, while Units have seen a 15.68% increase. As at 31 August 2026:
- The median value for Houses in Noble Park is $795,316 while the median value for Units is $559,735.
- Houses have a median rent of $560 while Units have a median rent of $520.
Suburb Insights for Noble Park 3174
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