8/256 Bolton Street, Eltham, VIC 3095 | Property Value & History | OnTheHouse
OFF MARKET

8/256 Bolton Street
Eltham VIC 3095

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 440m2
Land area: 6889m2
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Property Details for 8/256 Bolton St, Eltham

Building Type
Commercial
Floor Size
440m2
Land Size
6889m2
Local Government
Nillumbik
Lot/Plan
8/PS449138

Last Listing description (July 2023)

Burgess Rawson in conjunction with Sutherland Farrelly are pleased to offer to the market Showroom 8, 256 Bolton Street, Eltham VIC for sale via private treaty.

The property has the following investment highlights:

+ Five (5) year lease to 2026 plus two (2) further five (5) year options to 2036.

+ PETstock: Blue-chip tenant with a thriving national network of 503 retail stores, vet clinics and grooming salons.
+ Woolworths has recently acquired a majority interest (55%) interest in PETstock, valuing the company at $1.7 billion.**
+ Favourable annual CPI rent reviews.
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings (excluding Land Tax).
+ Direct frontage and exposure to Bolton Street, a major arterial road with over 19,000 vehicles passing daily.***
+ Immaculate 440 sqm* showroom with PETstock's impressive corporate layout and retail design.
+ High profile location neighbouring Autobarn and within 500 metres* of Bunnings, McDonald's, KFC and Repco.
+ Surrounded by important social infrastructure, including 13 schools within 3km* servicing over 10,000 full time students.***
+ Eltham: Boasting an average household income 37% above national average****, Eltham has demonstrated an impressive increase in property value with median house prices up 12.3% since March 2021 to $1,230,000.*****
+ Shire of Nillumbik: Located in Melbourne's north-east, the Shire of Nillumbik is home to over 15,000 registered pets.******
+ Net Income: $100,327 pa* + GST


To be sold by Private Treaty

*Approximately
**Pending ACCC approval
*** Gap Maps
****ABS
********
******Shire of Nillumbik

Property History for 8/256 Bolton St, Eltham, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$725,000
10 Aug 2004
Listed for Rent
$1.82k/w
31 Jul 2013
  • 13 Apr 2023
    Listed for Sale Price on Request
  • 07 Jun 2013
    Listed for Sale 1800000
  • 05 Jun 2013
    Listed for Rent - Price not available
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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 8,627 properties. Over the last 5 years, Houses in Eltham have seen a 13.48% increase in median value, while Units have seen a 9.23% increase. As at 31 March 2026:

  • The median value for Houses in Eltham is $1,257,821 while the median value for Units is $820,071.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 5 properties listed for rent in Eltham on OnTheHouse. According to Cotality's data, 329 properties were sold in the past 12 months in Eltham.

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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.