Contact Agent For Address, Grovedale, VIC 3216 | Commercial for sale | OnTheHouse
FOR SALE
Contact Kim 0483981493

Contact Agent For Address
Grovedale VIC 3216

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 198m2
Land area: 198m2
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Rare 2-in-1 Opportunity: Freehold Business and Property on Torquay Road, Grovedale

To own a profitable business and the freehold Real Estate in one of Grovedale’s busiest and most desirable locations. Situated on the iconic Torquay Road strip, this property offers unparalleled exposure and a constant flow of foot and vehicle traffic.
What Makes This Opportunity Unmissable?
1. Prime Location
Located on the thriving Torquay Road strip, the property benefits from high visibility and easy accessibility, making it an ideal spot for attracting both locals and passers by to The Famous Great Ocean Road.
Surrounded by established businesses, residential areas, and key amenities, ensuring a steady stream of customers.
2. 2-in-1 Freehold Investment
Business: A well-established and profitable operation with a loyal customer base and strong community presence.
Property: Secure your future with this valuable piece of real estate in a sought-after location, providing flexibility for owner-operators or investors.
3. Turnkey Operation
The business is fully operational, with all the necessary equipment, fixtures, and systems in place. Step in and start generating income immediately while enjoying the security of owning the freehold.
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Property Details for Contact Agent For Address, Grovedale

Building Type
Commercial
Floor Size
198m2
Land Size
198m2
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About Grovedale 3216

The size of Grovedale is approximately 7.0 square kilometres. It has 21 parks covering nearly 14.3% of total area. The population of Grovedale in 2016 was 14308 people. By 2021 the population was 14869 showing a population growth of 3.9% in the area during that time. The predominant age group in Grovedale is 20-29 years. Households in Grovedale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grovedale work in a professional occupation.In 2021, 68.90% of the homes in Grovedale were owner-occupied compared with 70.50% in 2016.

Grovedale has 7,550 properties. Over the last 5 years, Houses in Grovedale have seen a 32.71% increase in median value, while Units have seen a 29.49% increase. As at 30 November 2025:

  • The median value for Houses in Grovedale is $754,876 while the median value for Units is $522,291.
  • Houses have a median rent of $520 while Units have a median rent of $440.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Grovedale on OnTheHouse. According to Cotality's data, 341 properties were sold in the past 12 months in Grovedale.

Suburb Insights for Grovedale 3216

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Kim Duong
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Ash Shrma
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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.