SOLD
Sold on 20 Feb 2024 for $725,000

1632 Burwood Highway
Belgrave VIC 3160

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 267m2
Save

Property Details for 1632 Burwood Hwy, Belgrave

Building Type
Commercial
Land Size
267m2
Local Government
Yarra Ranges
Lot/Plan
1/LP13998

Last Listing description (January 2019)

Ray White Commercial Ferntree Gully is proud to present For Sale by way of Expression of Interest Closing Tuesday 25th September, a town centre commercial property with development potential.
Steeped in local history this exciting property promises success in both commercial enterprise and community development (STCA). Prominently positioned, with street frontage in the main business locale on the busy Burwood Highway in Belgrave, the property is a well known local icon in what is one of Victoria's major tourist destinations.
Puffing Billy and the beautiful Dandenong Ranges draw a multitude of tourists into the local area every weekend and Belgrave itself is home to a vibrant population with an eclectic mix of restaurants and shopping options.

The area is well serviced by public transport with Belgrave Station a short stroll from the site. Westfield Knox is only fifteen minutes away and with Melbourne CBD a mere 38km* away, Belgrave is the perfect day trip for visitors from the city.
Sitting atop approximately 267sqm of land the property is superbly positioned to capitalize on both the tourist and local resident markets with flexibility of purpose and location being definite strong points.
Property Features Include:-
- Building Area: 62sqm*
- Land Area: 267sqm*
- Business District Street Frontage
- Major Tourist Destination
- Abundant Parking
- Easy Access
- Prominent Profile on Burwood Highway
- Flexible Floor Plan
- Commercial 1 Zone
* Approximate
To arrange an inspection or for further information, please call Mitch Rosam or Paul Waterhouse.

Property History for 1632 Burwood Hwy, Belgrave, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$725,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $725,000
  • 13 Dec 2018
    Sold for $349,800
  • 27 Aug 2018
    Listed for Sale Expressions of Interest

Commute Calculator

About Belgrave 3160

The size of Belgrave is approximately 4.2 square kilometres. It has 15 parks covering nearly 20.4% of total area. The population of Belgrave in 2011 was 3,966 people. By 2016 the population was 3,935 showing a population decline of 0.8% in the area during that time. The predominant age group in Belgrave is 40-49 years. Households in Belgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belgrave work in a professional occupation. In 2011, 86.6% of the homes in Belgrave were owner-occupied compared with 87.8% in 2016.

Belgrave has 1,780 properties.

    There are currently 9 properties listed for sale, and 1 property listed for rent in Belgrave on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Belgrave.

    Suburb Insights for Belgrave 3160

    Market Insights

    Median Growth
    Median Value
    Median Rent
    Rental Yield
    House
    Unit
    10 years
    5 years
    1 year
    No data to show

    Neighbourhood Insights

    Age
    Household
    Occupancy
    No data to show
    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.