2A Village Crescent, Westmeadows, VIC 3049 sold on 02 February 2026 | OnTheHouse
 
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Sold on 02 Feb 2026 - Price Unavailable

2A Village Crescent
Westmeadows VIC 3049

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
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Property Details for 2a Village Cres, Westmeadows

Building Type
Commercial
Floor Size
160m2

Last Listing description (February 2026)

Property Overview:
• Asset Type: Commercial/Retail Building
• Tenancy: Fully Leased – Business in Operation

• Income Stream: Established
• Lease Status: Tenant in Place
• Zoning: Commercial (subject to council)

Key Investment Highlights:
• Tenanted Investment Property
• Functional Business Operating On-Site
• Consistent Rental Income
• Investor-Friendly Asset
• Low Vacancy Risk (Established Tenant)

Suited For:
✔️ Investors – Strong in-situ income and attractive yield
✔️ SMSF Buyers – Stable cashflow with tenant in place
✔️ Commercial Buyers – Entry-level commercial investment
✔️ Yield-Focused Portfolios – Solid return profile

The Asset:
This is a rare opportunity to secure a fully leased commercial property with a functional business operating on-site, delivering immediate income from day one.
The property is being offered with the tenant in place, providing a seamless transition for investors seeking a set-and-forget style asset with strong rental performance. The building is well suited to its current use, with a practical layout that supports ongoing commercial operations.
With a proven income stream already established, this investment removes the uncertainty of vacancy and lease-up, making it an ideal option for buyers looking to secure reliable cashflow in a tightly held commercial market.

Investment Performance:
• Current Rent: $2,574 per month
• Annual Income: $30,888 p.a. (approx.)
• Estimated Gross Yield: Approx. 4.96% – 5.81% (based on advertised price range)
This level of return positions the property as a strong-performing commercial investment, particularly attractive in the current interest rate environment.

Location & Commercial Appeal:
Situated in a well-established area with ongoing local activity, this property benefits from:
• Established local trade
• Consistent foot and vehicle traffic (subject to location)
• Surrounding residential and commercial catchment
• Proven demand for local services

Why This Investment?
With a tenant already in place and income secured, this is a low-friction commercial acquisition offering:
✔️ Immediate rental return
✔️ Reduced vacancy risk
✔️ Strong yield profile
✔️ Long-term commercial upside

The Realest Estate – By Families, For Families.

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Property History for 2a Village Cres, Westmeadows, VIC 3049

A timeline of how this property has performed in the market
Last Sold
02 Feb 2026
  • 02 Feb 2026
    Sold
  • 23 Jan 2026
    Listed for Sale EOI: $425,000 - $467,500
  • 24 May 2012
    Sold for $170,000
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About Westmeadows 3049

The size of Westmeadows is approximately 4.8 square kilometres. It has 12 parks covering nearly 33.6% of total area. The population of Westmeadows in 2016 was 5848 people. By 2021 the population was 6502 showing a population growth of 11.2% in the area during that time. The predominant age group in Westmeadows is 30-39 years. Households in Westmeadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westmeadows work in a professional occupation.In 2021, 72.20% of the homes in Westmeadows were owner-occupied compared with 74.10% in 2016.

Westmeadows has 3,351 properties. Over the last 5 years, Houses in Westmeadows have seen a 27.61% increase in median value, while Units have seen a 22.29% increase. As at 28 February 2026:

  • The median value for Houses in Westmeadows is $823,067 while the median value for Units is $634,083.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Westmeadows on OnTheHouse. According to Cotality's data, 139 properties were sold in the past 12 months in Westmeadows.

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