237 Glen Huntly RoadElsternwick VIC 3185
Property Details for 237 Glen Huntly Rd, Elsternwick
Last Listing description (September 2023)
Income $103,000pa* + GST
Brand New Ten (10) Year Net lease with options
Building Area 205 sqm*
Secure basement parking
Aston Commercial are pleased to offer 239 Glen Huntly Road, Elsternwick for sale by Public Auction on Thursday 31st August at 12pm on-site.
Leased to globally recognised fast food brand, Guzman y Gomez (GYG), who boast an international network of 190+ restaurants. This brand new retail space generates an income of $103,000 pa net.
Positioned opposite Elsternwick Train Station and beneath the fantastic "Elsternwick Village" mixed use development comprising 11 Levels of Retail, Office & Apartments.
This incredibly rare offering of a brand new Ten (10) Year Lease with option's until 2053 is ideally suited to Investors looking for long term stability in their portfolio.
Contact Aston Commercial the exclusive selling agents for further information or to arrange an inspection.
Property History for 237 Glen Huntly Rd, Elsternwick, VIC 3185
- 31 Jul 2023Listed for Sale Contact Agent
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About Elsternwick 3185
The size of Elsternwick is approximately 2.6 square kilometres. It has 4 parks covering nearly 3.6% of 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 6,731 properties. Over the last 5 years, Houses in Elsternwick have seen a -7.03% decrease in median value, while Units have seen a -0.69% decrease. As at 31 March 2026:
- The median value for Houses in Elsternwick is $2,143,905 while the median value for Units is $705,552.
- Houses have a median rent of $920 while Units have a median rent of $595.
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