OVERVIEW
+ A simply outstanding 613sqm* Elsternwick landholding with 20m* of exposure to Horne Street & Glen Huntly Road
+ Improved with two retail buildings (three shops) & potential to generate strong income
+ Genuine potential for a multi-level mixed use development with encouraging surrounding height precedent being achieved (up to 12 levels*)
LOCATION
+ Located in one of Melbourne's best lifestyle precincts, adjacent Elsternwick Station, Tram Stop & a short walk to Elsternwick's trendy cafes, eateries & boutique retailers
+ In direct proximity to the much anticipated Woolworths mixed use development, Railway Plaza Development and Elsternwick Cultural Precinct, all set to provide a major injection of foot traffic to the irreplaceable position
+ Unprecedented potential for investors, developers and occupiers to design and deliver a central and iconic Elsternwick project
Private Sale
For further information, please contact the exclusive sales and marketing agents at CBRE Melbourne:
Rorey James
+61 439 400 081
Nic Hage
+61 448 782 594
Julian White
+61 422 764 137
Jing Jun Heng
+61 411 059 116
The size of Elsternwick is approximately 2.6 square kilometres. There are 4 parks, covering nearly 3.6% of the total area. The population of Elsternwick in 2016 was 10349 people. By 2021 the population was 10887 showing a population growth of 5.2% in the area during that time. The predominant age group in Elsternwick is 30-39 years. Households in Elsternwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elsternwick work in a professional occupation.In 2021, 58.80% of the homes in Elsternwick were owner-occupied compared with 61.10% in 2016.
Elsternwick has 6,753 properties. Over the last 5 years, Houses in Elsternwick have seen a -3.89% decrease in median value, while Units have seen a -4.06% decrease. As at 30 April 2026:
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