323 Doncaster Road, Balwyn North, VIC 3104 | Commercial for sale | OnTheHouse
FOR SALE
$10,000,001,200,000

323 Doncaster Road
Balwyn North VIC 3104

Bedrooms: -
Bathrooms: -
Car spaces: 97
Floor area: 70m2
Land area: 90m2
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GREYTHORN CENTRAL SUPER INVESTMENT

Fantastic Freehold in a tightly held thriving shopping precinct. Magnificent location set amongst established long-term tenancies: Dough Addict -Pizzaria, Bite Me- Grill & Burger Bar, Atlantic Seafood - Fish and Chips, Rooster & Co - Charcoal Chicken, Greekery -Souvlaki, Red Lantern Chinese Restaurant, Man Key Yum Cha - Hong Kong Yam Cha, Jolly Miller Cafe, Cafe Romeo, etc
323 Doncaster Road Balwyn North has been established as a Milk Bar since 1960 and continues to be leased and known as the Balwyn North Milk Bar. Currently rented out for $52,140 pa plus Outgoings (Council Rates, Building Insurance, Yarra Valley Water etc.)
Commercial 1 Zoning (C1Z)
Land Size is 90m2 approx.
Building Size is 70m2 approx.
Improvements include three phase power.
Over 97 dedicated car parks servicing the shopping strip.
Note the old covenants listed below.
1955 Covenant (A194607) restricting the use of the property as a Dairy Farm or Dairy.
1960 Covenant (A949642) restricting the use of the property as a Petrol Service Station and the sale of Petrol.
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Property Details for 323 Doncaster Rd, Balwyn North

Building Type
Commercial
Floor Size
70m2
Land Size
90m2
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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 -5.16% decrease in median value, while Units have seen a 7.17% increase. As at 31 July 2026:

  • The median value for Houses in Balwyn North is $2,046,295 while the median value for Units is $1,199,666.
  • Houses have a median rent of $910 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 15 properties listed for rent in Balwyn north on OnTheHouse. According to Cotality's data, 416 properties were sold in the past 12 months in Balwyn north.

Suburb Insights for Balwyn North 3104

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Tony Delinaoum
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.