Don't miss out on this rare & exciting opportunity to acquire a well exposed versatile freehold with shop front, office space, large warehouse & rear laneway access! An invaluable opportunity exists for an astute occupier or savvy investor to capitalise on this prominent main road property & the ability to renovate to your specific needs (STCA). The shop leads through to an office/workshop space with split system heating/cooling as well as kitchen, bathroom & laundry facilities. While at the rear a sunny courtyard flows through to a large warehouse with roller door access to the lane & off street parking for three cars. The upstairs flexible floorplan delivers additional office space & currently adapted to a self-contained living space with powder room & kitchenette. Ideally located in the heart of Caulfield on the vibrant Glen Huntly Road shopping strip with trams on your doorstep!
Key attributes include:
- Well exposed shop front
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 3,158 properties. Over the last 5 years, Houses in Caulfield have seen a 22.61% increase in median value, while Units have seen a 10.93% increase. As at 31 July 2024:
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