SOLD
Sold on 11 Oct 2023 for $129,375

478 Glen Huntly Road
Elsternwick VIC 3185

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 139m2
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Property Details for 478 Glen Huntly Rd, Elsternwick

Building Type
Commercial
Land Size
139m2
Local Government
Glen Eira
Lot/Plan
1/TP430758

Last Listing description (December 2020)

Phone enquiry code for this property: 3610

Expressions of Interest sought from experienced food operators to lease Licensed Restaurant / Cafe Space in Elsternwick Village.

Fully refurbished premises with an elegant Victorian facade.

Restaurant precinct located opposite multiple high rise developments and the newly completed Coles shopping development.
Vehicle access from rear ROW. Includes Inverter Air Conditioner/Heater, 3 Phase Power, Auto Hand Washer, Commercial exhaust canopy and External in-ground grease trap.
Existing permit for Licensed Cafe/Restaurant for 44 seats.
Additional seating in rear courtyard space and on-street front (STCA). Separate toilets. Separate laundry.
Rental free period available to set up.
Ground floor level only. Upstairs may also be available.

Phone enquiry code for this property: 3610

Property History for 478 Glen Huntly Rd, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$129,375
11 Oct 2023
Listed for Rent
$671/w
19 Dec 2020
  • 11 Oct 2023
    Sold for $129,375
  • 07 Jul 2020
    Listed for Rent $35,000 / year
  • 25 Mar 2019
    Sold for $237,500
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About Elsternwick 3185

The size of Elsternwick is approximately 2.6 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Elsternwick in 2011 was 9,774 people. By 2016 the population was 10,326 showing a population growth of 5.6% in the area during that time. The predominant age group in Elsternwick is 30-39 years. Households in Elsternwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elsternwick work in a professional occupation. In 2011, 63.1% of the homes in Elsternwick were owner-occupied compared with 61.1% in 2016.

Elsternwick has 6,809 properties. Over the last 5 years, Houses in Elsternwick have seen a 5.72% increase in median value, while Units have seen a -7.50% decrease. As at 30 September 2024:

  • The median value for Houses in Elsternwick is $2,106,765 while the median value for Units is $659,804.
  • Houses have a median rent of $865 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 9 properties listed for rent in Elsternwick on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Elsternwick.

Suburb Insights for Elsternwick 3185

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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.