248 Huntingdale RoadHuntingdale VIC 3166
Property Details for 248 Huntingdale Rd, Huntingdale
Last Listing description (April 2021)
Ray White Commercial Oakleigh is delighted to present to market for the first time in over 20 years a fabulous piece of prime commercial real estate metres from Huntingdale's main shopping precinct and the recently upgraded Huntingdale Station & Bus interchange.
248 Huntingdale Road, Huntingdale will be offered to market by way of a Public on-site Auction scheduled for Friday 30th April, 2021 @ 12:00pm and offers you the flexibility to Occupy, Invest or Develop (STCA).
This location is undergoing a transformation with the council designating it as a future high rise precinct with many successful cafes & hospitality businesses successfully establishing themselves recently in this bustling location.
Property Features:
Total land area | 295m2**
Combined building area | 212m2*
Potential to capitalise on the 36m* of frontage
Rear access via Greville Street
On-site parking for two (2) vehicles plus 3P customer parking at front
3 phase power
Previous business was operating here for over 40 years
Corner exposure with a multitude of options
Future Development Potential (STCA)
Commercial 1 Zone (C1Z)
Vacant Possession - NO GST Payable !
Open for inspection Friday 30th April | 11:30am - 12:00pm
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
** Land dimensions do not accord with title particulars
Property History for 248 Huntingdale Rd, Huntingdale, VIC 3166
- 30 Apr 2021Sold for $895,000
- 29 Mar 2021Listed for Sale AUCTION $895,000
- 22 May 1998Sold for $180,000
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About Huntingdale 3166
The size of Huntingdale is approximately 0.8 square kilometres. The population of Huntingdale in 2011 was 1,784 people. By 2016 the population was 1,862 showing a population growth of 4.4% in the area during that time. The predominant age group in Huntingdale is 20-29 years. Households in Huntingdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Huntingdale work in a professional occupation. In 2011, 66.7% of the homes in Huntingdale were owner-occupied compared with 61.1% in 2016.
Huntingdale has 1,192 properties. Over the last 5 years, Houses in Huntingdale have seen a 22.45% increase in median value, while Units have seen a 6.55% increase. As at 30 September 2024:
- The median value for Houses in Huntingdale is $1,257,081 while the median value for Units is $638,319.
- Houses have a median rent of $635 while Units have a median rent of $500.
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