339 Glen Huntly RoadElsternwick VIC 3185
Property Details for 339 Glen Huntly Rd, Elsternwick
Last Listing description (November 2023)
Gross Waddell ICR is pleased to offer for sale 331-339 Glen Huntly Road, Elsternwick (Cnr St Georges Road). This prized retail corner positioned within the heart of Elsternwick is a true once in a generation opportunity.
Significant land area of 621.4 sqm*
Three street frontages including 20.4m* to Glen Huntly Road and 30.5m* to St Georges Road
Leased to 6 tenants including national burger chain Betty's Burgers
Strong income stream of $265,720* p.a. net
Substantial 2 level building with a lettable area of 717.2 sqm*
- Ground Floor: 473.3 sqm*
- First Floor: 243.9 sqm*
Flexible Commercial 1 zoning allowing for future multi-level development (STCA)
Surrounded by national and established retailers
Excellent public transport amenity nearby with tram services on the doorstep and metres from Elsternwick train station
331-339 Glen Huntly Road, Elsternwick is for Private Sale.
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Property History for 339 Glen Huntly Rd, Elsternwick, VIC 3185
- 16 May 2024Sold for $5,280,000
- 24 Oct 2023Listed for Sale Contact Agent
- 14 Jun 2016Listed for Rent - Price not available
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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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