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256 Como Parade W
Parkdale VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 122m2
Land area: 186m2
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New Commercial Sales EOI & Leasing Opportunity: Iconic Parkdale Property

Expressions of Interest sought for the Sale of this property over 2 rated addresses!
For the first time since 2000, this unique property at 256 and 256A Como Parade West, Parkdale, is available for purchase or lease. Situated in the heart of the bustling Parkdale shopping strip, this prime location offers both a versatile retail space and a separately rated 2-bedroom residence, making it an exceptional investment opportunity.
Property Highlights:
256 Como Parade West - Retail Space (122sqm):
- Prime Central Location: Positioned in the busy Parkdale shopping strip, ensuring high foot traffic and visibility.
- Spacious Layout: The 122sqm retail space features a main front area, perfect for customer-facing activities, along with two larger rooms at the rear—ideal for storage, office space, or additional retail use.
- Practical Amenities: Includes a separate bathroom, kitchenette, and a large utility room with rear access, providing convenience for day-to-day operations.
- Immediate Availability: This space is ready for occupancy, offering the flexibility to lease or buy.
256A Como Parade West - Upstairs Residence:
- Modern Living: The residence boasts two bedrooms with built-in robes, an oversized open-plan living area, and a fully appointed central kitchen, perfect for comfortable living.
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Property Details for 256 Como Pde W, Parkdale

Building Type
Commercial
Floor Size
122m2
Land Size
186m2

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About Parkdale 3195

The size of Parkdale is approximately 3.6 square kilometres. It has 14 parks covering nearly 7.2% of total area. The population of Parkdale in 2011 was 11,184 people. By 2016 the population was 11,744 showing a population growth of 5.0% in the area during that time. The predominant age group in Parkdale is 40-49 years. Households in Parkdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkdale work in a professional occupation. In 2011, 73.6% of the homes in Parkdale were owner-occupied compared with 74.2% in 2016.

Parkdale has 6,108 properties. Over the last 5 years, Houses in Parkdale have seen a 15.41% increase in median value, while Units have seen a 16.96% increase. As at 31 October 2024:

  • The median value for Houses in Parkdale is $1,470,539 while the median value for Units is $791,133.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Parkdale on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Parkdale.

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