Looking for a smart, low-entry investment or a flexible commercial space without the hefty price tag? This small, tenanted commercial property offers an ideal opportunity for first-time investors, small business owners, or those looking to diversify their portfolio.
- Secure rental income already in place
- Affordable price point - accessible to a wide range of buyers
Whether you're starting out or adding to your investments, this property ticks all the boxes for value, convenience, and long-term potential.
Enquire today to secure an affordable commercial asset with income from day one.
Joe Trichilo: 0409 370 676 | joe@albanypropteam.com
The size of Spencer Park is approximately 2.2 square kilometres. There are 5 parks, covering nearly 4.1% of the total area. The population of Spencer Park in 2016 was 3419 people. By 2021 the population was 3445 showing a population growth of 0.8% in the area during that time. The predominant age group in Spencer Park is 70-79 years. Households in Spencer Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spencer Park work in a professional occupation.In 2021, 58.60% of the homes in Spencer Park were owner-occupied compared with 55.50% in 2016.
Spencer Park has 1,635 properties. Over the last 5 years, Houses in Spencer Park have seen a 111.54% increase in median value, while Units have seen a 162.98% increase. As at 31 May 2026:
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