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)

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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.

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