137 Carlisle Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

137 Carlisle Street
Balaclava VIC 3183

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 161m2
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Property Details for 137 Carlisle St, Balaclava

Building Type
Commercial
Land Size
161m2
Local Government
Port Phillip
Lot/Plan
1/TP142297

Last Listing description (September 2022)

Premium freehold Investment
Tightly Held Iconic Location
Returning $75,000 pa net

Rear Access & Council Carpark
New 3 + 3 Year Lease

Aston Commercial are thrilled to offer 137 Carlisle St Balaclava for sale by public auction on Friday 9th September at 12pm on site.

This is an outstanding opportunity to secure a quality freehold investment leased to a well-known and established tenant Ms. Carlisles in one of Melbourne's most iconic and bustling retail strips. The tenant has recently signed a new 3 + 3 year lease returning $75,000p/a plus GST & outgoings.

The property is directly across the road from Woolworths and surrounded by major national tenants including Coles, Chemist Warehouse, Commonwealth Bank, Priceline, Flight Centre, Australia Post, BWS and many more. Balaclava train station is just a short stroll away with a tram on its doorstep. The property benefits from a council carpark to the rear with access.

This is a prime opportunity to grow your investment portfolio. Contact exclusive agents Aston Commercial today to arrange your private inspection.

*approx.

Property History for 137 Carlisle St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$1,312,500
21 Nov 2008
  • 10 Aug 2022
    Listed for Sale Contact Agent
  • 21 Nov 2008
    Sold for $1,312,500
  • 23 Oct 2008
    Listed for Sale Not Disclosed
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About Balaclava 3183

The size of Balaclava is approximately 0.8 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Balaclava in 2016 was 5396 people. By 2021 the population was 5392 showing a population decline of 0.1% in the area during that time. The predominant age group in Balaclava is 30-39 years. Households in Balaclava are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balaclava work in a professional occupation.In 2021, 49.00% of the homes in Balaclava were owner-occupied compared with 43.40% in 2016.

Balaclava has 3,651 properties. Over the last 5 years, Houses in Balaclava have seen a 1.28% increase in median value, while Units have seen a 3.55% increase. As at 31 December 2025:

  • The median value for Houses in Balaclava is $1,446,411 while the median value for Units is $619,203.
  • Houses have a median rent of $638 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

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Cotality Copyright and Legal Disclaimers about Property Data
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.