This is a genuine generational opportunity (first time offered in over 52 years) with properties in this section of Glen Huntly Road rarely offered to the market.
Fitzroys is delighted to offer for sale this highly sought after, multiple of uses freehold located in the prime of Glen Huntly Road, Elsternwick. For sale via Public Auction on Thursday 4th March at 11am on-site.
The key attributes of this exceptional opportunity include:
- Absolute prime land holding of 277sqm* with frontage of 6 metres* to Glen Huntly Road plus rear 6.4 metres* frontage to Stanley Street Car Park.
- Generous land area provides for outstanding future value added / re-development potential (STCA) for investors, owner-occupiers or developers.
- Recently renovated ground floor retail plus kitchen and bathroom amenity
- First floor accessed via internal staircase encompasses a renovated three-bedroom layout with additional bathroom
- Exceptional location in the heart of one of Melbournes most successful and highly valued retail and lifestyle precincts
- Brilliant position surrounded by national tenants and constant pedestrian traffic
- Amongst all major Australian Banks, Telstra, Officeworks, newly renovated Coles, Aviv Cakes and much more
- On-site parking for up to 4 cars plus direct access to large public car park at rear
- Within flexible Commercial 1 Zone
- Excellent public car parking at rear and outstanding public transport services with tram, train and bus available at the doorstep
400 Glen Huntly Road, Elsternwick presents an excellent opportunity to acquire a highly sought after Glen Huntly Road freehold within a rapidly developing retail, office and residential precinct.
*approx.
**SALE BY PUBLIC AUCTION ON THURSDAY 4TH MARCH AT 11AM ON SITE**
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:
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