940 Stud RoadRowville VIC 3178
Property Details for 940 Stud Rd, Rowville
Last Listing description (January 2019)
Cushman and Wakefield are pleased to present to the market 940 Stud Road (Dandenong Valley Highway), Rowville for sale via Auction.
The property has the following key characteristics:
Caltex Australia Management Pty Ltd a wholly owned subsidiary of Caltex Ltd, an ASX50 company with a market capitilisation circa $8 Billion
Approx. 770 sqm of GFA and 20 plus car parks
Within close proximity to Scoresby Industry Park and major national retailers including Coles, Woolworths, Aldi, Bunnings and Supercheap
Rowville Strong residential and industrial catchment of Melbourne situated 27 kms from the CBD
Favourable environmental provisions with ownership of the tanks and remediation responsibility of Caltex
Tenant pays all usual outgoings (including Land Tax)
Fixed 3% annual increases
Net Income $173,000 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 2 November at 10:30am (AEDT) at the Cushman & Wakefield Melbourne Office, located on Level 9, 385 Bourke Street, Melbourne VIC 3000.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Sydney and Brisbane.
Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.
Property History for 940 Stud Rd, Rowville, VIC 3178
- 02 Nov 2018Sold for $4,126,000
- 05 Oct 2018Listed for Sale Auction 02/11/18
- 04 Dec 2014Listed for Rent $85,000 / year
Recent sales nearby
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About Rowville 3178
The size of Rowville is approximately 21.7 square kilometres. It has 63 parks covering nearly 23.9% of total area. The population of Rowville in 2016 was 33672 people. By 2021 the population was 33571 showing a population decline of 0.3% in the area during that time. The predominant age group in Rowville is 50-59 years. Households in Rowville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rowville work in a professional occupation.In 2021, 81.10% of the homes in Rowville were owner-occupied compared with 82.40% in 2016.
Rowville has 14,551 properties. Over the last 5 years, Houses in Rowville have seen a 24.72% increase in median value, while Units have seen a 12.26% increase. As at 31 March 2026:
- The median value for Houses in Rowville is $1,206,289 while the median value for Units is $754,178.
- Houses have a median rent of $680 while Units have a median rent of $625.
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