602 Balcombe Road, Black Rock, VIC 3193 | Property Value & History | OnTheHouse
OFF MARKET

602 Balcombe Road
Black Rock VIC 3193

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 902m2
Land area: 279m2
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Property Details for 602 Balcombe Rd, Black Rock

Building Type
Commercial
Year Built
2019
Floor Size
902m2
Land Size
279m2
Local Government
Bayside
Lot/Plan
1/PS618216

Last Listing description (February 2017)

This beautifully kept retail space of 90m2* is available via Public Auction - Wednesday 10th February 2016 at 12pm on site.
The property is leased to an established tenant on a term of 5+5+5 years from 1st January 2016 returning $37,096 pa net. Features include an open plan retail space with gas, grease trap and 3 phase power.
Property Overview:

- Lessee: Davey Mac's Artisan Gelato
- Rental return: $37,096.00 pa net
- Term: 5+5+5 years from
- Building area: 90m2*
The tenant, Davey Mac's artisan gelato, is a passionate foodie with a soft spot for frozen desserts. All gelato is made fresh on site and is made in the traditional Italian way. There are typically 20 flavours to choose from including both sorbets and milk-based gelato. Davey Mac's has been in operation for 5 years in the current location. For more information please visit
Ideally situated just a stones throw from Black Rock Beach, Davey Mac's is in an unbeatable location. The property is under 6 kilometres* to Southland Shopping Centre and a short drive to the Nepean Highway allowing for easy access to Melbourne's CBD. (Auction Terms:)

Property History for 602 Balcombe Rd, Black Rock, VIC 3193

A timeline of how this property has performed in the market
Last Sold
$730,000
10 Feb 2016
  • 10 Feb 2016
    Sold for $730,000
  • 05 Jan 2016
    Listed for Sale Contact Agent
  • 23 Apr 2013
    Listed for Sale Not Disclosed
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About Black Rock 3193

The size of Black Rock is approximately 3.2 square kilometres. It has 10 parks covering nearly 39.5% of total area. The population of Black Rock in 2016 was 6159 people. By 2021 the population was 6389 showing a population growth of 3.7% in the area during that time. The predominant age group in Black Rock is 50-59 years. Households in Black Rock are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Black Rock work in a professional occupation.In 2021, 80.30% of the homes in Black Rock were owner-occupied compared with 77.40% in 2016.

Black Rock has 3,492 properties. Over the last 5 years, Houses in Black Rock have seen a 18.48% increase in median value, while Units have seen a 18.15% increase. As at 30 November 2025:

  • The median value for Houses in Black Rock is $2,373,792 while the median value for Units is $1,089,256.
  • Houses have a median rent of $1,400 while Units have a median rent of $725.
There are currently 10 properties listed for sale, and 1 property listed for rent in Black rock on OnTheHouse. According to Cotality's data, 132 properties were sold in the past 12 months in Black rock.

Suburb Insights for Black Rock 3193

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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.