1685 Burwood HighwayBelgrave VIC 3160
Property Details for 1685 Burwood Hwy, Belgrave
Last Listing description (June 2024)
Located in the eclectic, busy main street of Belgrave, this freehold property is in a prime position and is currently tenanted on a 2 year lease, returning approximately $31,724 P.A with a further option of 2 years, providing a secure investment.
Surrounded by other high-quality traders including, bakeries, cafes/ restaurants, real estates and CBA bank, and receiving high foot traffic the opportunity for continuous growth is strong.
With a total building area of approx. 84sqm this property offers generous window frontage, large open plan shop space, storage area, kitchenette and toilet, ideal for any future trader.
Easy access to public transport with Belgrave train station and buses a stone's throw away, as well as local tourist attraction Puffing Billy train station.
Commercial 1 Zone
Contact Glenn Chandler for more information: 0418 410 689
Please note: Information provided has been obtained from sources believed to be accurate, however, we cannot guarantee information is accurate. Interested parties should make their own enquiries & obtain their own legal advice. We accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans, building age or condition).
Property History for 1685 Burwood Hwy, Belgrave, VIC 3160
- 13 Jun 2024Listed for Sale $680,000
- 03 Nov 2021Listed for Rent - Price not available
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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 1,780 properties. Over the last 5 years, Houses in Belgrave have seen a 44.11% increase in median value, while Units have seen a 27.38% increase. As at 31 July 2024:
- The median value for Houses in Belgrave is $863,381 while the median value for Units is $597,963.
- Houses have a median rent of $665.
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