201 Balaclava RoadCaulfield North VIC 3161
Property Details for 201 Balaclava Rd, Caulfield North
Last Listing description (May 2021)
Axis Property is delighted to offer 201 Balaclava Road, Caulfield North for Auction on Friday 28th May @ 11:00 am.
A unique opportunity to secure a long term gym investment within one of Melbourne's top-performing suburbs and in the heart of Caulfield Junctions Office precinct.
Key attributes of this outstanding property include:
+ Fully leased to Anytime Fitness Caulfield
+ Returning $157,571.19 p.a. (1st Nov 2021)
+ Annual 3% increases providing strong income growth
+ Securely leased on a 10 years
+ Lease commenced Sept 2017.
+ Two (2) further 5 years options
+ Offering an expansive space of 501 sqm*
+ High quality fit-out
+ Surrounded by parklands, retail shops, transport amenity while providing easy access to the Melbourne CBD via Dandenong Rd and Caulfield train station.
Anytime Fitness has firmly established its foothold in the Australian market with over 500+ franchise locations across the country and over 4000 sites globally.
This is a very rare investment opportunity of a two storey freehold property in a high profile location with a strong lease covenant.
On Site Auction 28th May 2021 @ 11.00am
For further information, please contact the exclusive sales and marketing agents at Axis Property:
Daniel Liberman 0438 333 666
Edmond Yeong 0477 444 318
Joseph Nachmani 0488 777 919
Property History for 201 Balaclava Rd, Caulfield North, VIC 3161
- 26 May 2021Sold for $3,550,000
- 23 Apr 2021Listed for Sale Contact Axis
- 09 Aug 2017Listed for Rent - Price not available
Recent sales nearby
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About Caulfield North 3161
The size of Caulfield North is approximately 4.2 square kilometres. There are 4 parks, covering nearly 6.9% of the total area. The population of Caulfield North in 2016 was 15269 people. By 2021 the population was 16903 showing a population growth of 10.7% in the area during that time. The predominant age group in Caulfield North is 20-29 years. Households in Caulfield North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield North work in a professional occupation.In 2021, 57.20% of the homes in Caulfield North were owner-occupied compared with 58.80% in 2016.
Caulfield North has 11,121 properties. Over the last 5 years, Houses in Caulfield North have seen a -11.46% decrease in median value, while Units have seen a -3.58% decrease. As at 31 July 2026:
- The median value for Houses in Caulfield North is $2,350,277 while the median value for Units is $698,119.
- Houses have a median rent of $1,025 while Units have a median rent of $650.
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