Back 508 High St
Off Market

508 High St

Melton VIC 3337

3
2
5
588 m²
House
Peter DangPeter Dang, last sold this property on 27 October 2025 after 181 days on market.

Overview

Premium Opportunity With Main Road Exposure

Currently operating as a Beauty & Day Spa, this is a rare opportunity to secure a versatile property with incredible exposure on this strategic main road location with thousands of cars passing each day positioned right across the road from Woodgrove Shopping Centre, also just minutes away from High Street Shopping Strip & Western Freeway. LEASE TERM • 3 years commencing 15/10/22 • $37.2 k per annum with 3% increase yearly • All outgoings paid by the tenant. Purpose built & completed to an exceptionally high standard with the option to be utilised for multiple uses including Medical Centre, Day Spa, Child Care Centre etc. The property also presents an opportunity for multi-residential development (STCA). FEATURES • Generous floorplan with modern flooring & quality fittings • Reception/waiting room area • Adjoining staff lounge • Three (3) rooms including one with spa bath • Kitchen and laundry utilised as staffroom • Main bathroom with spa bath & separate toilet • Split system • Three (3) visitor car spaces plus ample on street parking • Side access with double garage in the rear • Excellent signage potential (STCA) Zoning: General Residential Zone – Schedule 1 (with commercial lease) Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective customers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
2 bathrooms
5 carspaces
3 open car spaces
2 garage spaces
588 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Melton over the last 12 months, the estimated median property value of 508 High St is $540k.

Median value
$540k
Estimated value range
$395k - $742k
Median days on market
26
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 508 High St

2025
Sold
Undisclosed
Private Sale/Treaty on 27 Oct 2025 by Peter Dang, of Realty Finder Group
2024
Sold
$685,000
Auction Sale on 14 Feb 2024
2020
Rented
Undisclosed
Leased on 01 Mar 2020

Happy sellers in Melton

90%
90% of sellers in Melton reported that their sale price either exceeded or met their price expectations.

Melton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Melton over the last 12 months.

Local market activity for 3 bedroom houses in Melton

In the last 12 months, 141 three-bedroom houses similar to 508 High St, have been sold.

This represents a 8% increase in three-bedroom houses sales when compared to the previous 12 months.

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