SOLD
Sold on 13 Mar 2024 for $3,300,000

591 Glen Huntly Road
Elsternwick VIC 3185

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 274m2
Land area: 331m2
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Property Details for 591 Glen Huntly Rd, Elsternwick

Building Type
Commercial
Floor Size
274m2
Land Size
331m2
Local Government
Glen Eira
Lot/Plan
1/TP103632

Last Listing description (November 2023)

Aston Commercial is pleased to present 591 Glen Huntly Road, Elsternwick for Lease.

Property Features:

On-site tandem parking for up to six (6) vehicles

Benefits from rear access and a secure car garage
Convenient access to public transport

Discover an exceptional three-level office building at 591 Glen Huntly road, Elsternwick, that provides all the necessary amenities to elevate your business.

This modern office space boasts a contemporary design that can be adapted for immediate use. The quality of existing fit out includes a welcoming reception area, comfortable breakout spaces, fully equipped meeting rooms and luxurious boardrooms, a spacious kitchen, and multiple outdoor terraces.

The building features heating and cooling, multiple skylights, light shafts, and windows that ensure a bright and comfortable working environment throughout.

Nestled in Elsternwick, a prime location only 2 km* from the beachside suburb of Elwood, this exceptional office space presents a unique turn-key opportunity to establish your business in a highly sought-after area.

The building offers excellent connectivity and accessibility, positioned only 1.0km from Elsternwick Train Station and benefitting from tram route 67 down Glen Huntly Road.

Please contact Aston Commercial today to arrange your private inspection.

*approx

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Property History for 591 Glen Huntly Rd, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$3,300,000
13 Mar 2024
Listed for Rent
$120k/w
22 Nov 2023
  • 13 Mar 2024
    Sold for $3,300,000
  • 15 Feb 2023
    Listed for Rent - Price not available
  • 07 Nov 2018
    Listed for Rent $147,000 / year
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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 6,768 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 5 properties listed for sale, and 10 properties listed for rent in Elsternwick on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Elsternwick.

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