SOLD
Sold on 09 Aug 2023 for $2,900,000

87 Hotham Street
Balaclava VIC 3183

Bedrooms: 4
Bathrooms: 1
Car spaces: 5
Floor area: 300m2
Land area: 758m2
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Property Details for 87 Hotham St, Balaclava

Building Type
Commercial
Floor Size
300m2
Land Size
758m2
Local Government
Port Phillip
Lot/Plan
1/TP846318

Last Listing description (August 2023)

ATTENTION: INVESTORS, DEVELOPERS AND OWNER OCCUPIERS

This magnificent versatile freehold is perfectly located and offers a multitude of
possibilities.

Improvements comprise Council permitted fully fitted professional rooms and
complimentary facilities.

Underpinned by a substantial allotment of 755sqm (approx.).

Currently leased to a long established (39 years) Physiotherapy Clinic.

This iconic property is favoured by TWO STREET FRONTAGES with maximum
exposure and is truly a rare opportunity.

Zoned: General Residential.

Adjacent to the thriving heart of Carlisle Street, train, tram and bus.

Off street parking for up to six cars.

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Property History for 87 Hotham St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$2,900,000
09 Aug 2023
  • 09 Aug 2023
    Sold for $2,900,000
  • 11 Jul 2023
    Listed for Sale Contact agent
  • 22 Feb 2017
    Sold for $2,550,000
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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 3,614 properties.

    There are currently 2 properties listed for sale, and 5 properties listed for rent in Balaclava on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Balaclava.

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    Rodney Morley - Caulfield North
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