59-67 Rosstown Road, Carnegie, VIC 3163 | Commercial for sale | OnTheHouse
FOR SALE
Sale Price Unavailable

59-67 Rosstown Road
Carnegie VIC 3163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 870m2
Land area: 1335m2
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LAND, BUILDINGS, INCOME – DEVELOP

A landmark Carnegie landholding offering secure holding income, mixed-use zoning and significant future development potential (STCA).
The property comprises approximately 870sqm of office, consulting and retail accommodation across five separate tenancies*, delivering immediate cash flow and exceptional flexibility within one of Melbourne's most tightly held metropolitan precincts.
Strategically positioned directly adjacent Carnegie Railway Station and just 80 metres from the vibrant Koornang Road retail and hospitality precinct*, this prominent commercial freehold offers outstanding connectivity, strong underlying fundamentals and exceptional scope to invest, develop or land bank in one of Melbourne's fastest evolving activity centres.
Investment / Development Highlights:
- Multi-storey development potential (STCA)
- Significant 1,335sqm Mixed Use (MUZ) landholding*
- Five income-producing tenancies
- Potential fully let income of $225,000 pa + GST & Outgoings *approx
- Approx. 31.2 metres of prominent Rosstown Road frontage*
Property Highlights:
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Property Details for 59-67 Rosstown Rd, Carnegie

Building Type
Commercial
Floor Size
870m2
Land Size
1335m2
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About Carnegie 3163

The size of Carnegie is approximately 3.7 square kilometres. There are 5 parks, covering nearly 6.0% of the total area. The population of Carnegie in 2016 was 17388 people. By 2021 the population was 17909 showing a population growth of 3.0% in the area during that time. The predominant age group in Carnegie is 30-39 years. Households in Carnegie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation.In 2021, 55.10% of the homes in Carnegie were owner-occupied compared with 52.40% in 2016.

Carnegie has 12,017 properties. Over the last 5 years, Houses in Carnegie have seen a -9.68% decrease in median value, while Units have seen a -9.55% decrease. As at 31 August 2026:

  • The median value for Houses in Carnegie is $1,572,239 while the median value for Units is $601,309.
  • Houses have a median rent of $840 while Units have a median rent of $595.
There are currently 28 properties listed for sale, and 36 properties listed for rent in Carnegie on OnTheHouse. According to Cotality's data, 543 properties were sold in the past 12 months in Carnegie.

Suburb Insights for Carnegie 3163

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Andrew Mclaren
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James Davie
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DBRE - Moorabbin
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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.