SOLD
Sold on 14 Mar 2024 for $950,000

949 Glen Huntly Road
Caulfield VIC 3162

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 90m2
Land area: 262m2
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Property Details for 949 Glen Huntly Rd, Caulfield

Building Type
Commercial
Floor Size
90m2
Land Size
262m2
Local Government
Glen Eira
Lot/Plan
1/TP603450

Last Listing description (March 2024)

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

- Office/workshop space
- Large warehouse at rear
- Total land area: 262m2* Approximate Title Dimensions.
- Onsite parking/Rear laneway access
- Well equipped kitchen & upstairs kitchenette
- Public transport at your doorstep
- Massive value add potential (STCA)

Property History for 949 Glen Huntly Rd, Caulfield, VIC 3162

A timeline of how this property has performed in the market
Last Sold
$950,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $950,000
  • 01 Mar 2024
    Listed for Sale Contact agent
  • 15 Feb 2023
    Listed for Sale 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 3,159 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.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Caulfield on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Caulfield.

Suburb Insights for Caulfield 3162

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.