64-68 Monbulk Rd, Belgrave is a 5 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a land size of 2884m2 and floor size of 567m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Drawing significant tourist numbers seven days a week, three hundred and sixty-five days of the year, the Dandenong Ranges is one of Victoria's premier attractions. Perfectly positioned between Belgrave (home of Puffing Billy) and the gorgeous Sherbrooke Forest this superb commercial property is ready for an entrepreneur with drive and vision.
The property includes a fully equipped commercial kitchen, dining and reception rooms as well as a large function room and abundant off-street parking. There's also a cosy open fireplace for caf patrons to enjoy in the cooler weather and an extensive covered deck for alfresco dining. Sitting atop a plot of some 2,894sqm* the property will be sold with a two-bedroom residence that would be perfect for business owners looking to live on site or lease separately.
The business possibilities are endless with the location being eminently suitable for a multi-tenant business, wedding reception centre, restaurant or retail premises. There is also potential for redevelopment with the appropriate council approval. The high-profile location at the gateway to the Dandenongs assures a constant flow of potential customers.
The size of Belgrave is approximately 4.2 square kilometres. It has 15 parks covering nearly 20.4% of total area. The population of Belgrave in 2016 was 3929 people. By 2021 the population was 3894 showing a population decline of 0.9% in the area during that time. The predominant age group in Belgrave is 40-49 years. Households in Belgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belgrave work in a professional occupation.In 2021, 91.50% of the homes in Belgrave were owner-occupied compared with 87.80% in 2016.
Belgrave has 1,787 properties. Over the last 5 years, Houses in Belgrave have seen a 18.65% increase in median value, while Units have seen a -14.01% decrease. As at 28 February 2026:
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