20 Victoria Crescent, St Albans, VIC 3021 | Property Value & History | OnTheHouse
OFF MARKET

20 Victoria Crescent
St Albans VIC 3021

Bedrooms: 1
Bathrooms: 3
Car spaces: 20
Land area: 1023m2
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Property Details for 20 Victoria Cres, St Albans

Building Type
Commercial
Land Size
1023m2
Local Government
Brimbank
Lot/Plan
3/LP16915

Last Listing description (March 2024)

DOUGLAS KAY is delighted to present the finest commercial opportunity in Melbourne's West.

Exceptionally rare two street sound and secured long term investment on 1023m2 will excite and capture the imagination of the commercial market. Positioned right in the heart of one Melbourne's tightest suburban business districts.

A visit to St Albans for those unfamiliar with the area will excite as this fast paced bustling environment is arguably the most thriving and popular in the City. There is a reason why the St Albans CBD has extreme low vacancy rates and exceptional rental rates. Alfrieda Street village is in a lane and economy of its own.

DYNAMIC WITH PLENTY OF UPSIDE_
_Land area: 1023m2 approx.
_Building area: 460m2 approx of modern offices.
_Unique with rear huge 560m2 approx parking.
_Zoned: Mixed Use (MUZ) which provides a total flexible future development in residential, commercial, industrial across a high density multi level building.
_Two huge street 17m approx frontages to Prime Alfreida Street and rear Victoria Crescent.
_No easements on title.
_Long term tenant Migrant Resource Centre.
_Excellent secured tenancy with option activated to September 2026.
_Lease includes 2 x 3 year further times with CPI increases and Market Reviews.
_Price Guide $3,900,000

_Surrounded by an excellent mixture of local traders and National Tenants including ANZ Bank, Westpac Bank, KFL Supermarket, CBA, Woolworths, Chemist Warehouse and more.

DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020

Property History for 20 Victoria Cres, St Albans, VIC 3021

A timeline of how this property has performed in the market
  • 09 Jun 2023
    Listed for Sale Not Disclosed
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About St Albans 3021

The size of St Albans is approximately 13.0 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2016 was 37309 people. By 2021 the population was 38042 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation.In 2021, 59.10% of the homes in St Albans were owner-occupied compared with 60.50% in 2016.

St Albans has 17,209 properties. Over the last 5 years, Houses in St Albans have seen a 19.51% increase in median value, while Units have seen a 19.44% increase. As at 31 December 2025:

  • The median value for Houses in St Albans is $729,557 while the median value for Units is $533,044.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 97 properties listed for sale, and 60 properties listed for rent in St albans on OnTheHouse. According to Cotality's data, 762 properties were sold in the past 12 months in St albans.

Suburb Insights for St Albans 3021

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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.