OFF MARKET

64-68 Monbulk Road
Belgrave VIC 3160

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 567m2
Land area: 2894m2
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Property Details for 64-68 Monbulk Rd, Belgrave

64-68 Monbulk Rd, Belgrave is a 5 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a land size of 2894m2 and floor size of 567m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Floor Size
567m2
Land Size
2894m2
Local Government
Yarra Ranges
Lot/Plan
CP154044

Last Listing description (February 2019)

Drawing significant tourist numbers seven days a week, three hundred and sixty-five days of the year, the Dandenong Ranges is one of Victoria's premier attractions. Perfectly positioned between Belgrave (home of Puffing Billy) and the gorgeous Sherbrooke Forest this superb commercial property is ready for an entrepreneur with drive and vision.
The property includes a fully equipped commercial kitchen, dining and reception rooms as well as a large function room and abundant off-street parking. There's also a cosy open fireplace for caf patrons to enjoy in the cooler weather and an extensive covered deck for alfresco dining. Sitting atop a plot of some 2,894sqm* the property will be sold with a two-bedroom residence that would be perfect for business owners looking to live on site or lease separately.
The business possibilities are endless with the location being eminently suitable for a multi-tenant business, wedding reception centre, restaurant or retail premises. There is also potential for redevelopment with the appropriate council approval. The high-profile location at the gateway to the Dandenongs assures a constant flow of potential customers.

We have a highly motivated vendor looking to achieve a result on or prior to Auction day.
Property Features Include:-
- Commercial Kitchen
- Building Size: 566sqm*
- Land Size: 2,894sqm*
- 3 Street Frontages
- Private Dining/Reception Spaces
- Security System
- Moments From Belgrave
- 2 Bedroom Residence
- Prominent Position on Monbulk Road
- Low Density Residential Zone (LDRZ)
* Approximate
To arrange an inspection or for further information the information memorandum and legal documentation, please call Mitch Rosam or Paul Waterhouse.

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Property History for 64-68 Monbulk Rd, Belgrave, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$820,000
25 Jun 2019
  • 25 Jun 2019
    Sold for $820,000
  • 04 Apr 2018
    Listed for Sale $920,000 - $950,000
  • 04 Feb 2016
    Listed for Sale $410,000 plus GST
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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 2 properties listed for rent in Belgrave on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Belgrave.

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