RWC (Oakleigh) is pleased to present a prime retail/office leasing opportunity positioned in one of Elsternwick's most high-profile locations - directly at the entrance of Elsternwick Train Station.
Offering exceptional visibility and constant foot traffic, this versatile premises suits a wide range of uses (STCA), including professional rooms, professional offices, psychology, physiotherapy, medical rooms, allied health, and more. The property is surrounded by an abundance of cafés, restaurants, and specialty shops, with major arterials such as Nepean Highway only moments away. Elsternwick is also serviced by trams along Glenhuntly Road, providing excellent accessibility for both staff and clients. Melbourne CBD is approximately 11km* away, accessible in around 20 minutes by train.
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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