153-155 Queens Parade, Clifton Hill, VIC 3068 | Property Value & History | OnTheHouse
OFF MARKET

153-155 Queens Parade
Clifton Hill VIC 3068

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 160m2
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Property Details for 153-155 Queens Pde, Clifton Hill

Building Type
Commercial
Land Size
160m2
Local Government
Yarra
Lot/Plan
1/TP116377

Last Listing description (March 2008)

Cafe, Bar / Restaurant On Coveted Queens Pde Clifton Hill
Situated on the soutjern side of the street with full width glass folding windows this cafe/bar, previous restaurant, faces north to make the most of the sunny aspect. A modernised decor throughout with seating for approximately 40 patrons, external chairs, and the ability to utilise an upstairs function area, or re-convert to a one bedroom dwelling. The bar is a modern open plan format, and whilst quite stunning could probably be reduced to expand on the number of tables available to patrons.
A commercial kitchen with preparation area, coolroom and functional work space compliments the business.

The owner's have an imminent family member due and are keen to sell. genuine offers from those with the resources to make an offer - no dreamers enticed to respond, but to those that have been in business before will recognise the potential this offers. Whilst you can;t expect to achieve the walk by customer more conducsive to the northern side the rent on a long lease from $34,500p.a. more than compensates.
Previously run as a succesful Indian Restaurant, then Seafood before transforming to a boutique bar/cafe. We think there' scope to reinvent as a restauarant in an area well complimented by cafes but very few restaurants.
A strong local demographic where house prices start at $500,000 and most residents have dual incomes enabling a generous number of dine out locals.
Additional feature - 3x3x3x3x3.

Property History for 153-155 Queens Pde, Clifton Hill, VIC 3068

A timeline of how this property has performed in the market
  • 11 Oct 2007
    Listed for Sale 68500 Plus Saving
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About Clifton Hill 3068

The size of Clifton Hill is approximately 1.7 square kilometres. There are 11 parks, covering nearly 29.5% of the total area. The population of Clifton Hill in 2016 was 6341 people. By 2021 the population was 6606 showing a population growth of 4.2% in the area during that time. The predominant age group in Clifton Hill is 30-39 years. Households in Clifton Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clifton Hill work in a professional occupation.In 2021, 59.50% of the homes in Clifton Hill were owner-occupied compared with 58.00% in 2016.

Clifton Hill has 3,558 properties. Over the last 5 years, Houses in Clifton Hill have seen a -1.99% decrease in median value, while Units have seen a -2.11% decrease. As at 31 July 2026:

  • The median value for Houses in Clifton Hill is $1,653,269 while the median value for Units is $794,617.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Clifton hill on OnTheHouse. According to Cotality's data, 154 properties were sold in the past 12 months in Clifton hill.

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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.