20/68 Eucumbene Drive, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

20/68 Eucumbene Drive
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 164m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 20/68 Eucumbene Dr, Ravenhall

Building Type
Commercial
Land Size
164m2
Local Government
Melton
Lot/Plan
20/PS812074

Last Listing description (September 2023)

Reliance Commercial presents an exciting opportunity to establish your business in Ravenhall Industrial precinct, conveniently located near the Western Highway, Western ring road, and Deer Park Bypass.

The property is available with vacant possession or tenanted.

- Approx 214 SQM (130SQM + 84 SQM Mezzanine)
- Located approximately 22km from Melbourne CBD
- 2 secured onsite car parks
- Truck Accessibility
- Container Height roller door
- Industrial Zone 3
- Close proximity to public transport
- Modern facade
- Clear-span ceiling
- Three Phase Power
- NBN Connected
- Secured fencing
- Month to month lease
- Current rental income of $23,900 + GST + Outgoings approximate

Seize the chance to acquire this extraordinary commercial property situated in a highly coveted location, please ensure that you don't miss out on this remarkable opportunity.

Reliance Commercial invites you to get in touch with us today to arrange an inspection and embark on the journey of securing a prosperous future for your business within a premier commercial complex.

Feel free to reach out if you have any queries and contact Shivam Sethi 0424 251 835 and Aman 0415 932 324.

Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Interested parties should conduct their due diligence prior to making any submissions.

Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 20/68 Eucumbene Dr, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$545,000
21 Jul 2023
Listed for Rent
$460/w
02 Jul 2021
  • 21 Jul 2023
    Sold for $545,000
  • 23 May 2023
    Listed for Sale Contact Agent
  • 30 Mar 2021
    Listed for Rent $24,000 / year
Sign in to see more transactions
Commute Calculator

About Ravenhall 3023

The size of Ravenhall is approximately 13.6 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Ravenhall in 2016 was 1157 people. By 2021 the population was 2295 showing a population growth of 98.4% in the area during that time. The predominant age group in Ravenhall is 30-39 years. Households in Ravenhall are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ravenhall work in a sales workers occupation.In 2021, 100.00% of the homes in Ravenhall were owner-occupied compared with 75.00% in 2016.

Ravenhall has 1,344 properties. Over the last 5 years, Houses in Ravenhall have seen a 140.54% increase in median value, while Units have seen a 42.71% increase. As at 31 March 2026:

  • The median value for Houses in Ravenhall is $773,914 while the median value for Units is $947,660.
There are currently 7 properties listed for sale, and 8 properties listed for rent in Ravenhall on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Ravenhall.

Suburb Insights for Ravenhall 3023

Market Insights
Ravenhall Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ravenhall Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.