SOLD
Sold on 15 Mar 2024 for $3,776,250

242 Carlisle Street
Balaclava VIC 3183

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 265m2
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Property Details for 242 Carlisle St, Balaclava

Building Type
Commercial
Land Size
265m2
Local Government
Port Phillip
Lot/Plan
1/TP679989

Last Listing description (July 2020)

Building Size: 334sqm*
Suits a variety of uses (STCA)
Exceptional exposure

Public transport at your door

Aston Commercial are pleased to present this superbly positioned property for lease.

Carlisle Street is one of Melbournes most tightly held precincts that has become renowned for its established family operated businesses together with an emerging market of national tenants/franchises.

Superbly supported by train and tram services, the precinct bustles with a constant community of loyal shoppers and local residents.

242 Carlisle Street benefits from a rear frontage facing Coles Supermarket. The two-level building offers flexible accommodation and also great frontage to Carlisle Street.

Please contact Brendan Burmistrow today to arrange your private appointment.

*approx.

Property History for 242 Carlisle St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$3,776,250
15 Mar 2024
Listed for Rent
28 Jul 2020
  • 15 Mar 2024
    Sold for $3,776,250
  • 12 Nov 2019
    Listed for Rent - Price not available
  • 20 Sep 2019
    Sold for $3,000,000
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About Balaclava 3183

The size of Balaclava is approximately 0.8 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Balaclava in 2011 was 5,382 people. By 2016 the population was 5,404 showing a population growth of 0.4% in the area during that time. The predominant age group in Balaclava is 30-39 years. Households in Balaclava are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balaclava work in a professional occupation. In 2011, 42.8% of the homes in Balaclava were owner-occupied compared with 43.4% in 2016.

Balaclava has 3,585 properties. Over the last 5 years, Houses in Balaclava have seen a 3.98% increase in median value, while Units have seen a 0.93% increase. As at 31 October 2024:

  • The median value for Houses in Balaclava is $1,391,409 while the median value for Units is $589,301.
  • Houses have a median rent of $763 while Units have a median rent of $525.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Balaclava on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.