51 Pine Avenue
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About this property
Located in a central Mildura CBD position, this modern mixed-use property offers an established leased investment with future flexibility. The ground floor commercial space of approximately 332m² is currently leased to local gym The Boxing Cartel (conditions apply). The space benefits from good street exposure, rear laneway access, and a functional open-plan layout. The first-floor commercial studio space of approximately 128m² is currently vacant and previously used for fitness and training purposes. This area is well suited to a boutique gym, studio, or similar use and presents an opportunity to add further income. The property also includes a two-bedroom, two-bathroom apartment of approximately 185m², which is currently leased and provides a residential income component. The residence offers open-plan living and access to a private courtyard. Set on a total land area of approximately 475m², the property has a combined total building area of approximately 645m². While currently operating as a leased investment, the property may also lend itself to a future live-and-work arrangement, subject to tenancy arrangements and requirements. Key Features: * Mixed-use commercial and residential property * Secure tag-access entry * On-site undercover parking plus nearby public parking * 15kW solar system * Central Mildura CBD location
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 475 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Mildura
This 2-bedroom apartment in Mildura, VIC 3500 sits within reach of public transport, local shops and nearby schools. It is listed 373% above the $418,950 median of 71 comparable apartmentswithin 5 km.
Schools near Mildura
- Mildura Specialist Schoolcombined · U · CoEd
- Trinity Lutheran Collegecombined · Prep-10 · CoEd
- Mildura Primary Schoolprimary · Prep-6 · CoEd
- Mildura West Primary Schoolprimary · Prep-6 · CoEd
- Ranfurly Primary Schoolprimary · Prep-6 · CoEd
- St Paul's Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Tenth St/Ontario Ave (bus) — 975 m away
- Unnamed — 905 m away
- Mansell Reserve — 762 m away
- Unnamed — 897 m away
- Henley Park — 1.1 km away
Mildura at a glance
Full suburb profile- Population
- 34,565
- Median age
- 39
- Household income
- $1,295/wk
- Median rent
- $280/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Mildura price trend
Median sold · Unit 2 bed
Compound growth +9.4% / yr over 4 yrs
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1 price change recorded for this property
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