1445 Main RoadEltham VIC 3095
Property Details for 1445 Main Rd, Eltham
Last Listing description (October 2023)
Fitzroys is delighted to offer 1445-1453 Main Road, Eltham for private sale.
This versatile offering, suited to owner occupiers and developers, represents a generational opportunity to acquire a site of this configuration in this location.
Key attributes include:
- First time offered in 33 Years
- Irreplaceable land holding of 5,138sqm*
- Main Road frontage of 97.88* metres
- Well presented, fully functional hospitality building of 464sqm*
- Huge onsite car park encompassing over 60* car spaces
- Currently operating as a licenced restaurant and function centre with capacity to expand
- Improvements include a dining area for 140 seated patrons, excellent natural light throughout, full commercial kitchen and lower ground floor storage / cellar
- Offered with vacant possession
- Suits a variety of other uses and development outcomes (stca)
- Significant re-development potential including residential (townhouses), childcare, medical, etc (stca)
- Convenient proximity to all forms of amenity including Eltham's retail precinct, public transport options, schools, parklands and recreational facilities
- Highly sought after residential location with rapidly rising median house / unit prices
- Strategic gateway location to the hugely popular Yarra Valley winery district
- Occupy or Develop!
*Approx.
Property History for 1445 Main Rd, Eltham, VIC 3095
- 02 Feb 2024Sold for $3,000,000
- 03 Aug 2023Listed for Sale Contact Agent
- 16 Feb 2021Listed for Sale Contact Agent
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0About Eltham 3095
The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2011 was 18,162 people. By 2016 the population was 18,303 showing a population growth of 0.8% in the area during that time. The predominant age group in Eltham is 40-49 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation. In 2011, 85.6% of the homes in Eltham were owner-occupied compared with 85.5% in 2016.
Eltham has 8,542 properties. Over the last 5 years, Houses in Eltham have seen a 32.49% increase in median value, while Units have seen a 26.72% increase. As at 31 August 2024:
- The median value for Houses in Eltham is $1,210,708 while the median value for Units is $789,673.
- Houses have a median rent of $670 while Units have a median rent of $580.
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