Ray White Commercial Oakleigh is pleased to offer 72 Berkeley Street, Huntingdale to market by way of Private Sale.
Boasting a vacant shop at the front and a separate fully-renovated two-bedroom residence at the rear, this potential-packed building offers an incredible lifestyle or investment opportunity for the astute buyer.
Secure the entire building for your own use and run your thriving business in the versatile shopfront, which boasts its own separate entrance and toilet with prominent street exposure in a bustling Huntingdale locale with countless amenities that adorn the area.
Enhanced with spacious bedrooms, separate living, laundry, bathroom and courtyard with parking for one car with access via ROW, the separate residence offers an abundance of privacy and comfort which was fully renovated in recent times of the highest standard.
From an investor's standpoint, there's also scope for two separate income streams should you wish to lease out the entire building. The two-bedroom residence is currently generating $20,592 in rent on a monthly overholding, while there's potential to earn a further income from the shopfront.
Located in between Huntingdale Road, North Road and Princes Highway and enjoying outstanding access to Oakleigh Central, Huntingdale Train Station, Chadstone Shopping Centre all within close proximity.
Property features include:
Combined building area | 124m2*
Total land area | 233m2*
Comprising vacant shopfront | 59m2*
Separate fully-renovated two-bedroom residence | 65m2*
Current rental income | $20,592 p/a
Opportunity to live and work or have an investment with two separate income streams
Commercial 1 Zone (C1Z)
For further information please contact one of the exclusive marketing agents:
Ryan Amler | 0401 971 622
George Ganavas | 0478 634 562
*All areas and figures are approximate 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.
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:
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