365 North RoadCaulfield South VIC 3162
Property Details for 365 North Rd, Caulfield South
Last Listing description (May 2026)
An outstanding opportunity to acquire a secure, income-producing freehold in the tightly held Caulfield South precinct.
Leased to Addi's Grill, an established and operating hospitality business, this asset delivers immediate rental income with the benefit of long-term tenancy.
Strategically located on busy North Road, the asset benefits from high daily traffic exposure, strong surrounding residential and transport amenities. This combination continues to drive demand from investors seeking well-located freehold investments.
With limited supply of main road freeholds in Caulfield South and ongoing population growth in Melbourne's south-east, the property represents a compelling acquisition for investors seeking reliable cash flow.
Investment Highlights:
- Securely leased to established restaurant (Addis Grill)
- Rental income: $33,943per annum, inc GST
- High-exposure arterial road location
- Proven tenant with ongoing trade
- Strong local catchment
* Contract, Vendors Statement and Information Memorandum available upon demand.
Property History for 365 North Rd, Caulfield South, VIC 3162
- 05 May 2026Sold for $627,500
- 15 Apr 2026Listed for Sale SOLD AT AUCTION
- 06 Oct 2008Sold for $490,000
Recent sales nearby
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0About Caulfield South 3162
The size of Caulfield South is approximately 3.3 square kilometres. There are 3 parks, covering nearly 4.9% of the total area. The population of Caulfield South in 2016 was 11854 people. By 2021 the population was 12328 showing a population growth of 4.0% in the area during that time. The predominant age group in Caulfield South is 40-49 years. Households in Caulfield South are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield South work in a professional occupation.In 2021, 72.00% of the homes in Caulfield South were owner-occupied compared with 69.60% in 2016.
Caulfield South has 6,390 properties. Over the last 5 years, Houses in Caulfield South have seen a -8.19% decrease in median value, while Units have seen a -10.57% decrease. As at 31 July 2026:
- The median value for Houses in Caulfield South is $1,830,640 while the median value for Units is $847,101.
- Houses have a median rent of $960 while Units have a median rent of $725.
Suburb Insights for Caulfield South 3162
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