OFF MARKET

120 Union Road
Surrey Hills VIC 3127

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 837m2
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Property Details for 120 Union Rd, Surrey Hills

Building Type
Commercial
Land Size
837m2
Local Government
Boroondara

Last Listing description (October 2023)

Gorman Kelly is pleased to offer 120 Union Road, Surrey Hills FOR LEASE.

The premises comprises a front retail/office area of approx 30sqm that is well lit by east facing windows across the front of the property and effective internal lighting.

Beyond the front room is a staff/lunch room with ktchenette.

There is a toilet in the west facing back yard.

Please do not hesitate to contact Gerry Gleeson on 0402 443 546 to organise for an inspection.

The suburb of Surrey Hills is considered one of Melbourne's most sought after Eastern suburban locations.

Union Road is a unique boutique retail shopping precinct offering an eclectic variety of established businesses in appealing older style premises.

Union Road features traders including a new Coles Local, pharmacy, bakeries, Post Office, patisserie, Vintage Cellars and more.

Property History for 120 Union Rd, Surrey Hills, VIC 3127

A timeline of how this property has performed in the market
Listed for Rent
$26k/w
06 Oct 2023
  • 11 Sep 2023
    Listed for Rent - Price not available
  • 02 May 2023
    Listed for Rent - Price not available

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About Surrey Hills 3127

The size of Surrey Hills is approximately 4.4 square kilometres. It has 13 parks covering nearly 3.4% of total area. The population of Surrey Hills in 2011 was 13,132 people. By 2016 the population was 13,605 showing a population growth of 3.6% in the area during that time. The predominant age group in Surrey Hills is 40-49 years. Households in Surrey Hills are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Surrey Hills work in a professional occupation. In 2011, 76.1% of the homes in Surrey Hills were owner-occupied compared with 76.3% in 2016.

Surrey Hills has 6,926 properties. Over the last 5 years, Houses in Surrey Hills have seen a 10.57% increase in median value, while Units have seen a 1.46% increase. As at 31 December 2024:

  • The median value for Houses in Surrey Hills is $2,275,443 while the median value for Units is $896,680.
  • Houses have a median rent of $890 while Units have a median rent of $580.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Surrey hills on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Surrey hills.

Suburb Insights for Surrey Hills 3127

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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.