58 Spensley St, Clifton Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 220m2 and floor size of 153m2.
Rare opportunity to buy a large property + profitable shop near city
This opportunity presents the properties under 2 titles which offer a double front two storey solid brick building has both Spensley Street and George Street frontage. Spensley Street two level property is a well known local supermarket that the owner has been running for more than 40 years. Upstairs are 4 generous sized bedrooms, study, large lounge room with a balcony with a city view, large kitchen with dinning area; One bathroom comes with a bath tub; Two toilets; laundry leads to a large balcony. 60 Spensley Street is a double storey building which needs some refurbishing.
This property is located in the highly sought after suburb; a minute walk to Clifton Hill Train Station and bus stops connecting with CBD and other suburbs; Swimming pool, tennis court, soccer ground, golf course and a number of parks, popular boathouse along the Yarra River all within walking distance. It offers a great potential for expansion and / or redevelopment, plus a stable ongoing business which generates attractive revenue. This is the opportunity anybody with acute business acumen cannot afford to miss! Inspection by appointment only by contacting Jonathan on 0417 883 662.
The size of Clifton Hill is approximately 1.7 square kilometres. It has 11 parks covering nearly 29.5% of total area. The population of Clifton Hill in 2011 was 5,791 people. By 2016 the population was 6,354 showing a population growth of 9.7% in the area during that time. The predominant age group in Clifton Hill is 30-39 years. Households in Clifton Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clifton Hill work in a professional occupation. In 2011, 59% of the homes in Clifton Hill were owner-occupied compared with 58% in 2016.
Clifton Hill has 3,548 properties. Over the last 5 years, Houses in Clifton Hill have seen a 17.74% increase in median value, while Units have seen a -2.75% decrease. As at 31 October 2024:
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