249D Belmore Road, Balwyn North, VIC 3104 | Commercial for rent | OnTheHouse
 
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249D Belmore Road
Balwyn North VIC 3104

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 100m2
Land area: 100m2
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Rare Commercial Opportunity with Residence in Prime Balwyn North Location - With Choices!

Phone enquiries - please call 1300 594 794 and quote property ID 40848.
Positioned in the heart of the highly sought-after Balwyn North shopping strip, 249D Belmore Road presents a unique opportunity to secure a versatile commercial premises with an attached residence in one of Melbourne’s most tightly held eastern suburbs precincts.
Offering exceptional street exposure and a fully fitted layout, this property is ideally suited for a range of uses including cafe, restaurant, retail, office, medical, professional services, or mixed-use opportunity (STCA).
The ground floor commercial space features an adaptable retail/dining area, front-of-house service counter, cool room, existing infrastructure, and a private outdoor courtyard providing additional flexibility for customer seating, staff amenities, displays, events, or client consultations (STCA). With approximately 140sqm of internal space, the property provides an outstanding opportunity to minimise establishment costs and commence operations quickly.
Adding further value is the separate three-bedroom residence at the rear, offering the flexibility to:
* Operate your business while living onsite within the highly regarded Balwyn North Primary and High school zone
* Or Lease the commercial premises and rent-out the residence for additional income, as it has completely separate access and is a highly sought after location
* Or just enquire about the commercial premises only.
This commercial premises is located in a high-demand retail precinct, the property benefits from strong local foot traffic, excellent visibility, convenient public transport access, nearby parking, and a thriving surrounding catchment of established homes, apartments, schools, and successful local businesses.
NOTE: The advertised price is for the commercial property only. Those wanting both the commercial property and the residence - Lease can be negotiated.
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Property Details for 249d Belmore Rd, Balwyn North

Building Type
Commercial
Floor Size
100m2
Land Size
100m2
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About Balwyn North 3104

The size of Balwyn North is approximately 9.1 square kilometres. There are 20 parks, covering nearly 15.7% of the total area. The population of Balwyn North in 2016 was 20406 people. By 2021 the population was 21302 showing a population growth of 4.4% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation.In 2021, 78.10% of the homes in Balwyn North were owner-occupied compared with 78.40% in 2016.

Balwyn North has 9,207 properties. Over the last 5 years, Houses in Balwyn North have seen a -2.17% decrease in median value, while Units have seen a 8.61% increase. As at 30 June 2026:

  • The median value for Houses in Balwyn North is $2,096,502 while the median value for Units is $1,190,681.
  • Houses have a median rent of $900 while Units have a median rent of $725.
There are currently 25 properties listed for sale, and 13 properties listed for rent in Balwyn north on OnTheHouse. According to Cotality's data, 408 properties were sold in the past 12 months in Balwyn north.

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