1632 Burwood HighwayBelgrave VIC 3160
Property Details for 1632 Burwood Hwy, Belgrave
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.
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
- 20 Feb 2024Sold for $725,000
- 13 Dec 2018Sold for $349,800
- 27 Aug 2018Listed for Sale Expressions of Interest
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0About 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 1,781 properties. Over the last 5 years, Houses in Belgrave have seen a 26.54% increase in median value, while Units have seen a 33.81% increase. As at 28 February 2025:
- The median value for Houses in Belgrave is $851,639 while the median value for Units is $651,900.
- Houses have a median rent of $660.
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