Gorman Allard Shelton is pleased to offer 462 Church Street, Cremorne for sale by public Auction on Friday 24 November 2023 at 12 noon on-site.
Acquire this well-located prime retail/hospitality opportunity within one of Melbourne's most bustling precincts.
* Land area: 156 sqm approx.
Surrounded by some of Melbourne's finest eateries and most popular nightlife, as well as being underpinned by one of Melbourne's best mixed-use suburbs.
Open for inspection:
Tuesday 31st October 12:00pm: 12:30pm
Wednesday 8th November 12:00pm: 12:30pm
Tuesday 14th November 12:00pm: 12:30pm
Tuesday 21st November 12:00pm: 12:30pm
The size of Cremorne is approximately 0.7 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Cremorne in 2011 was 1,564 people. By 2016 the population was 2,040 showing a population growth of 30.4% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation. In 2011, 50.4% of the homes in Cremorne were owner-occupied compared with 48.9% in 2016.
Cremorne has 2,227 properties. Over the last 5 years, Houses in Cremorne have seen a -6.55% decrease in median value, while Units have seen a 4.41% increase. As at 30 November 2024:
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