235 Stud RoadWantirna South VIC 3152
Property Details for 235 Stud Rd, Wantirna South
Last Listing description (August 2023)
Emmetts are delighted to present two adjoining shops for lease in the thriving Studfield Shopping Strip. Studfield Shopping Centre is a tightly held successful retail strip providing absolute convenience to local shoppers of Wantirna South in addition to the high volumes of traffic along Stud Road.
Both shops are in outstanding condition, providing retailers with at-grade level concrete floor and expansive frontage near the centre of the strip.
Key features include:
+ Shop 1 provides 135 sq m* of at-grade level retail space including disabled toilet at the rear of the shop.
+ Shop 2 provides 170 sq m* of at-grade level retail space plus 90 sq m* of mezzanine / back-of-house space.
+ The shops are currently separated by a stud wall and could be combined into a single larger tenancy providing at-grade level retail space of 305 sq m* plus mezzanine of 90 sq m* with combined frontage of 13 metres*
+ Opportunity lease one shop or both together.
+ Rear on site car parking and existing rear access to Shop 2.
+ Positioned near the centre of a tightly held and thriving local retail strip.
+ Highly convenient to shoppers with an abundance of generous car parking along the strip.
+ High volume of passing traffic along Stud Road providing outstanding retail exposure.
+ Well maintained retail buildings in excellent condition throughout.
+ Suitable to a variety of uses (STCA).
+ Opportunity to secure a long term lease in an incredibly tightly held retail location, which is poised for growth.
*Denotes approx.
For further details or to arrange an inspection, contact the exclusive agents
Property History for 235 Stud Rd, Wantirna South, VIC 3152
- 01 May 2024Sold for $2,600,000
- 01 Aug 2023Listed for Rent - Price not available
- 22 Feb 2022Listed for Rent $55,003 / year
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About Wantirna South 3152
The size of Wantirna South is approximately 14.1 square kilometres. It has 47 parks covering nearly 17.5% of total area. The population of Wantirna South in 2011 was 17,477 people. By 2016 the population was 19,288 showing a population growth of 10.4% in the area during that time. The predominant age group in Wantirna South is 50-59 years. Households in Wantirna South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna South work in a professional occupation. In 2011, 79.4% of the homes in Wantirna South were owner-occupied compared with 75.3% in 2016.
Wantirna South has 9,625 properties. Over the last 5 years, Houses in Wantirna South have seen a 23.07% increase in median value, while Units have seen a 14.94% increase. As at 31 October 2024:
- The median value for Houses in Wantirna South is $1,235,013 while the median value for Units is $577,193.
- Houses have a median rent of $640 while Units have a median rent of $560.
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