2/16 Brisbane StreetEltham VIC 3095
Property Details for 2/16 Brisbane St, Eltham
Last Listing description (March 2025)
Amazing Freehold Opportunity!
Attention all astute investors and business owners. Rarely is this opportunity seen to purchase an amazing freehold opportunity in one of Eltham's most highly sought after commercial areas. Less than 15 years old and built in the highest standard, this commercial property offers a multitude of options for both investors looking for high yielding, low maintenance investment opportunities as well as business owners looking to operate their business within their own building with room for fabrication/workshop, reception, storage and administration/client consultation rooms.
Key points:
- Total land size 358m2 (approx.)
- Total Floor space 283m2 (approx.)
- Spacious ground floor workspace
- Mezzanine level with hoist offering storage/additional workspace
- Kitchen and bathroom facilities
- Administration/Client consultation rooms
- Container height front roller door
- Additional real roller door leading to back open space
- Client/staff parking
- Located in heart of Eltham's Commercial precinct
- Industrial 3 Zone
- Potential rental return $75k to $80k (approx.) plus outgoings
This rare opportunity is something not to be missed. Enquire now to book your inspection.
Property History for 2/16 Brisbane St, Eltham, VIC 3095
- 13 Mar 2025Sold for $1,584,000
- 02 Feb 2025Listed for Sale Contact Agent
Recent sales nearby
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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 8,647 properties. Over the last 5 years, Houses in Eltham have seen a 22.90% increase in median value, while Units have seen a 13.27% increase. As at 31 December 2025:
- The median value for Houses in Eltham is $1,268,521 while the median value for Units is $827,230.
- Houses have a median rent of $698 while Units have a median rent of $650.
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