POINT OF INTEREST:
With its beautiful beaches, locally-loved amenities, and a newly developed railway station Chelsea is Baysides best-kept secret. And those who live here know the inevitable wave of interest thats about to head this way from the likes of Black Rock and Mordialloc, two neighbouring suburbs that has seen rapid popularity and development. Cue: Your timely move. This flexible single-level retail building is currently 85 sqm* and the landlord has already organised a permit to completely refurbish the space to suit your exact needs. If youd like to stretch your legs further, however, the property can be extended to 145 sqm*, depending on what youre in the market for. This offer also broadens the brief from a traditional retail asset to potentially a medical practice, a caf/wine bar, or an office set-up. The rear yard holds fantastic potential to be utilised as a courtyard for staff or clientele. There are two car spaces allocated at the rear, but the large council car park will take care of the rest. Sitting amongst Chelseas prime retail precinct, neighbours to the popular Long Beach Hotel, the frontage is also exposed to Nepean Highway traffic and metres from the newly developed railway station and the beachfront.
The size of Chelsea is approximately 2.6 square kilometres. It has 6 parks covering nearly 13.8% of total area. The population of Chelsea in 2011 was 7,222 people. By 2016 the population was 7,779 showing a population growth of 7.7% in the area during that time. The predominant age group in Chelsea is 30-39 years. Households in Chelsea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chelsea work in a professional occupation. In 2011, 62.1% of the homes in Chelsea were owner-occupied compared with 63.2% in 2016.
Chelsea has 5,002 properties. Over the last 5 years, Houses in Chelsea have seen a 25.59% increase in median value, while Units have seen a 20.17% increase. As at 30 September 2024:
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