1/741 Main Road, Eltham, VIC 3095 sold on 07 April 2025 | OnTheHouse
SOLD
Sold on 07 Apr 2025 for $600,000

1/741 Main Road
Eltham VIC 3095

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1312m2
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Property Details for 1/741 Main Rd, Eltham

Building Type
Commercial
Land Size
1312m2
Local Government
Nillumbik
Lot/Plan
1/PS640401

Last Listing description (March 2019)

Nelson Alexander Commercial are delighted to offer for Private Sale these two fully leased investment opportunities in a boutique standalone building. Both units are located on the ground floor with excellent access and have long term tenants and excellent rental returns. Please find all the property details outlined below.

Property Details:


Standalone Boutique Building
Main Road Exposure
Ample Off Street Parking
Fully Self Contained with Kitchen & Toilet
• Heating & Cooling Throughout
• Beautifully Finished Offices

Unit 1 SOLD $550,000
Zoning Mixed Use
Floor Area 73m2 (approx)
Tenant Myotherapy & Massage
Rent $30,000 pa plus gst plus outgoings

Unit 2 – FOR SALE
Zoning Mixed Use
Floor Area 78m2 (approx)
Tenant Osteopathy & Pilates
Rent $26,610 pa plus gst plus outgoings

For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

Property History for 1/741 Main Rd, Eltham, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$600,000
07 Apr 2025
  • 07 Apr 2025
    Sold for $600,000
  • 04 Mar 2019
    Listed for Sale CONTACT AGENT
  • 08 Dec 2018
    Sold for $550,000
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About Eltham 3095

The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2016 was 18314 people. By 2021 the population was 18847 showing a population growth of 2.9% in the area during that time. The predominant age group in Eltham is 50-59 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation.In 2021, 86.10% of the homes in Eltham were owner-occupied compared with 85.50% in 2016.

Eltham has 8,648 properties. Over the last 5 years, Houses in Eltham have seen a 30.97% increase in median value, while Units have seen a 14.90% increase. As at 30 November 2025:

  • The median value for Houses in Eltham is $1,327,834 while the median value for Units is $831,253.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 34 properties listed for sale, and 6 properties listed for rent in Eltham on OnTheHouse. According to Cotality's data, 321 properties were sold in the past 12 months in Eltham.

Suburb Insights for Eltham 3095

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.