246 Boundary Road, Braeside, VIC 3195 | Property Value & History | OnTheHouse
 
OFF MARKET

246 Boundary Road
Braeside VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 370m2
Land area: 1506m2
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Property Details for 246 Boundary Rd, Braeside

Building Type
Commercial
Floor Size
370m2
Land Size
1506m2
Local Government
Kingston
Lot/Plan
3/LP89531

Last Listing description (June 2022)

POINT OF INTEREST:

This is a corner site building that needs no introductions to those familiar with the area. A popular ANZ branch in its former life, this is two levels and 346 sqm* of complete potential. Ripe opportunity to be transformed into hospitality with a permit already approved, the space could also be used for office space, retail, or even a showroom the flexibility inside the walls is almost as appealing as the signage opportunity on the outside. Surrounded by national tenants such as Total Tools, Westpac, Autobarn, and Coles Express, the main road location provides exposure to over 33,000 passing cars daily (VicRoads Data 2017). Braeside's commercial precinct location also means 26 km* from the CBD and within close proximity to major arterials like the Nepean Highway, Lower Dandenong Road, Springvale Road, and Eastlink.

- 347 sqm* total building area over two floors.

- 1,505 sqm* land area.
- Industrial 1 zoning.
- 28 onsite car spaces.
- 85 m* of street frontage.
- Approved permit for restaurant/caf use.
- Drive through potential with dual access.
- 2.4 km* from Mordialloc railway station.
- 23.3 km* from Melbourne CBD.

POINT OF VIEW:

Were not saying its hard to find a park in Bayside (we are), but when you can provide a private car park for 28 clients, customers, or staff, you could almost run a business off that amenity alone.

*Approx.
Pricing excludes GST

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Property History for 246 Boundary Rd, Braeside, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$2,105,000
21 Sep 2018
Listed for Rent
$1.73k/w
28 Jun 2022
  • 14 Feb 2022
    Listed for Rent - Price not available
  • 27 Apr 2020
    Listed for Rent $92,500 / year
  • 10 Jul 2019
    Listed for Rent - Price not available
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About Braeside 3195

The size of Braeside is approximately 8.5 square kilometres. It has 6 parks covering nearly 44.2% of total area. The population of Braeside in 2016 was 21 people. By 2021 the population was 25 showing a population growth of 19.0% in the area during that time. The predominant age group in Braeside is 60-69 years. Households in Braeside are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Braeside work in a trades occupation.In 2021, 37.60% of the homes in Braeside were owner-occupied compared with 40.00% in 2016.

Braeside has 1,686 properties. Over the last 5 years, Houses in Braeside have seen a 30.25% increase in median value, while Units have seen a 170.40% increase. As at 31 December 2025:

  • The median value for Houses in Braeside is $1,776,984 while the median value for Units is $1,133,947.
There are currently 1 property listed for sale, and 5 properties listed for rent in Braeside on OnTheHouse. According to Cotality's data, 48 properties were sold in the past 12 months in Braeside.

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