416 Glen Huntly RoadElsternwick VIC 3185
Property Details for 416 Glen Huntly Rd, Elsternwick
Last Listing description (January 2019)
Gorman Kelly are delighted to present for your consideration a blue chip single storey commercial investment located in one of Melbourne s most affluent suburbs.
Being positioned in a major commercial, retail and lifestyle hub in Melbourne s premier inner south east, 416 Glenhuntly Road represents a magnificent investment leased by a highly recognised retailer with 127 stores Australia wide.
This premium opportunity is summarised by the following key attributes:
Premises leased to Toyworld at $80,463pa net expiring 30th June 2021
Land area 241.4m */ Zoned Commercial 1
Building area of 165m * with rear car park on-site with laneway access
Easy access to public transport which includes tram on Glenhuntly Road (67), buses on Orrong Road (220 & 625) and five minute (450m*) walk to Elsternwick Train Station
Prime location at the busy intersection of Glenhuntly Road and Orrong Road
Situated in the heart of Elsternwick Village which is home to names such as Chemist Warehouse, Vintage Cellars,
Officeworks, OPSM, Subway and Nandos to name a few, plus all major banks;
Favourable future development potential Situated in the heart of the Elsternwick Village Precinct and just 9kms from the Melbourne CBD, Elsternwick is one of the most highly sought residential and lifestyle locations.
416 Glenhuntly Road occupies one of the most prominent positions on the strip at the intersection of Glenhuntly and Orrong Roads.
Property History for 416 Glen Huntly Rd, Elsternwick, VIC 3185
- 30 Nov 2018Sold for $2,205,000
- 29 Oct 2018Listed for Sale Not Disclosed
- 04 Apr 1996Sold for $610,000
Recent sales nearby
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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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