Share this property

realcommercial.com.au
Create Real Estate - Sunshine

5/30 Harrington Square Altona, VIC 3018

Directions

5/30 Harrington Square,
Altona, VIC 3018

Shops & Retail

Key property information

Land area

Floor area

Tenure type

Sold on

Create Real Estate - Sunshine
Brenda Ngan
Lilian Dinh

Create Real Estate - Sunshine

262 Hampshire Road
SUNSHINE, VIC 3020
Create Real Estate - Sunshine
5/30 Harrington Square
Altona, VIC 3018

Map of 5/30 Harrington Square

Directions

PRIME ALTONA INVESTMENT - SECURE TENANT, FIXED GROWTH, EXCEPTIONAL LOCATION

Positioned in the heart of Altona's vibrant Harrington Square, this high demanded property presents an exceptional opportunity for astute investors or owner-occupiers alike.

• Secure Investment: Leased to a well-established health clinic/chiropractor on a 3-year term expiring 25th June 2027.
• Guaranteed Growth: Fixed 4% annual rent increases ensure consistent rental uplift.
• Prime Location: Directly opposite Westona train station, benefiting from excellent exposure and a constant flow of foot traffic.
• Quality Offering: Modern *50sqm premises with a professional fit-out, positioned on a landholding of approximately *79sqm.
• Lifestyle & Infrastructure: Surrounded by essential social amenities including primary and secondary schools, Altona Library, Australia Post, and the popular Altona beach precinct.
• Retail & Commercial Hub: Within 3.5km* of three Coles supermarkets, Bunnings Warehouse, IGA, and an abundance of professional services, cafes, and retail outlets.
• High Accessibility: Centrally located between Harrington Street and Maidstone Street, servicing an average of 9,200 cars daily, with ample parking available.
• Strong Demographic Growth: Altona's population of 14,703 (2021) is projected to increase by almost 23% to 18,605 by 2041, underpinning long-term demand.

This tightly held inner-west corridor investment is ideally suited to those seeking reliable income growth, and a strategic location just 13km* from Melbourne's CBD.

Don't miss out contact Lilian Dinh (0450 805 7... | lilian.dinh@createvic.com.au) or Brenda Ngan (0435 152 5... | brenda.ngan@createvic.com.au) today to arrange your inspection.

Disclaimer: All measurements and distances are approximate. Interested parties are encouraged to conduct their own due diligence to confirm the accuracy of the information provided.

Altona, 3018 demographic data

The median household income for Altona is $1,826, 4% lower than Greater Melbourne's household income of $1,901. Altona has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 44% of property owners in Altona have a mortgage.

11,490
Population
$1,826 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households