50 Orbis DriveRavenhall VIC 3023
Property Details for 50 Orbis Dr, Ravenhall
Last Listing description (July 2022)
POINT OF INTEREST:
Your portfolio is about to reflect the calibre of business within this estate by investing in 736 sqm* of premium building in Melbournes west. Already tenanted by one of Melbourne's quality home builders, this is currently providing $68,181.84 per annum net in leased income. Boasting the corner location within this commercial precinct means advantageous signage opportunities and excellent exposure to Orbis Drive and Rockfield Way. Within the building itself, youre buying into 297 sqm* of two-level office space with a modern fit-out that exceeds the industry benchmark. Theres heating and cooling throughout these areas and nine-car spaces included in the offer for plenty of customer and staff parking. The warehouse has been cleverly designed with a clear, open floorplan, dual driveway and roller side door access for seamless deliveries. The arterials surrounding this building are only going to become more user-friendly with recent significant funding for western roads. But for now, the M1 is 2.1 km* from here, Western Ring Road is 3.8 km* away, and Boundary Road is 4.3 km*. Getting into the CBD takes under half an hour on the M1, while the 400 bus stop is 1 km* away and can get you to Sunshine railway station in 20 minutes. However, the location isnt all business and no pleasure; the 4.4-star Eating Station caf (and their 563 Google reviews) is merely a 1 km* walk from the site and Burnsides shopping precinct is 3 km* away.
- Returning $68,181.84 per annum net.
- 297 sqm* two-level office.
- Commercial 2 zoning.
- Heating and cooling throughout offices.
- 9 car spaces on site.
- 1 km* from the 400 bus stop.
- 2.1 km* from the M1.
- 4.3 km* from Boundary Road.
- 19.4 km* from Melbourne CBD.
POINT OF VIEW:
In case you havent heard, the Labor government have recently announced major development plans to upgrade and bolster Melbournes western roads by $41 million. Once blueprints are put to blue collars, demand for properties of this calibre will be thunderous (and youll have wished you got in earlier).
*Approx.
Pricing excludes GST
Property History for 50 Orbis Dr, Ravenhall, VIC 3023
- 14 Jul 2022Sold for $1,770,000
- 10 Jun 2022Listed for Sale Contact Agent
- 12 Dec 2017Sold for $800,000
Recent sales nearby
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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 1,347 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 January 2026:
- The median value for Houses in Ravenhall is $869,619 while the median value for Units is $822,403.
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