855 Glen Huntly RoadCaulfield VIC 3162
Property Details for 855 Glen Huntly Rd, Caulfield
855 Glen Huntly Rd, Caulfield is a 1 bedroom, 1 bathroom Unit. The property has a land size of 936m2.
Last Listing description (March 2023)
Colliers, in conjunction with Lane Commercial, are pleased to present 855 Glen Huntly Road, Caulfield, available via Private Sale
Key highlights of this prime value-add opportunity are:
-Dual frontage site of 936m*
-Existing improvements featuring a mix of retail, office, workshop and residential
-Holding income from multiple tenants
-Multi-storey development potential (STCA)
-Blue-chip Caulfield location that can sustain a variety of uses including residential, retail and/or commercial office
-Immediate access to multiple public transport networks
-Close proximity to Caulfield Hospital as well as Caulfield Racecourse, currently undertaking a $570m redevelopment into a prime sporting and entertainment precinct
-Plethora of well-known retail strips within close walking distance
Property History for 855 Glen Huntly Rd, Caulfield, VIC 3162
- 08 Nov 2022Listed for Sale Please contact agent
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About Caulfield 3162
The size of Caulfield is approximately 1.5 square kilometres. The population of Caulfield in 2011 was 5,160 people. By 2016 the population was 5,598 showing a population growth of 8.5% in the area during that time. The predominant age group in Caulfield is 20-29 years. Households in Caulfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield work in a professional occupation. In 2011, 65.8% of the homes in Caulfield were owner-occupied compared with 63.7% in 2016.
Caulfield has 3,189 properties. Over the last 5 years, Houses in Caulfield have seen a 8.67% increase in median value, while Units have seen a 2.09% increase. As at 31 October 2024:
- The median value for Houses in Caulfield is $2,117,588 while the median value for Units is $770,536.
- Houses have a median rent of $795 while Units have a median rent of $580.
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