634 Glen Huntly Road, Caulfield South, VIC 3162

Retail | Offices | Medical

Sold

  • Property ID: 438273
  • Floor Area: 115m²
  • Land Area: 211m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 01/03/2024 115m2 211m2 Contact Agent
Retail Opportunity With Development Upside (STCA)

OCCUPY / INVEST / DEVELOP (STCA)

RWC Oakleigh proudly introduces an exceptional opportunity at 634 Glen Huntly Road, Caulfield South, the property will be offered for sale by way of Private Sale.

Available for the first time in nearly three decades, stands as a coveted asset in Caulfield South's Retail Precinct, appealing to both owner-occupiers and investors. Its prime location amidst the heart of Caulfield South offers a rare chance for astute investors, developers, or owner-occupiers. What sets this opportunity apart is the property's unique advantage of front and rear access, amplifying its potential for future development. Caulfield is witnessing significant transformations with ongoing developments, infusing new vitality into the area.

This remarkable opportunity encompasses a dual space: a retail/office area fronting Glenhuntly Road and a tenanted two-bedroom residence at the rear, both currently on a month-to-month tenancy. The shop itself spans 35m2* and is primed for immediate occupation or leasing. Meanwhile, the two-bedroom residence has been tenanted since November 2017, with the current tenant on a month-to-month arrangement, providing an added benefit of instant income while future plans are devised.

Strategically positioned within the South-East metropolitan Melbourne corridor, the property is conveniently accessible via major routes like Dandenong Road, Nepean Hwy, and the Monash Freeway (M1). Notably, it stands just 1.4km* away from Elsternwick Train Station, enhancing its connectivity and attractiveness to potential buyers and investors.

Property Features:

• Total land area | 212m2*
• Combined building area | 115m2*
• Including retail area | 35m2*
• Rear access via R.O.W.
• Development Upside (STCA)
• Tightly held Caulfield South Retail Precinct
• Shop & residence separately metered
• Residence and retail areas on a month to month basis
• Serviced by major arterial roads including Dandenong Road, Nepean Hwy and the Monash Freeway (M1)
• Only minutes from Elsternwick train station
• Commercial 1 Zone (C1Z)

For further information and private inspection of the property, please contact one of the exclusive marketing agents below:

George Kelepouris | 0425 798 677
George Ganavas | 0478 634 562

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Caulfield South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4694 $350 7.45%
Offices --- $350 ---
This is the average advertised price, rent and yield for Caulfield South, VIC 3162*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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