8A/266 Bolton StreetEltham VIC 3095
Property Details for 8a/266 Bolton St, Eltham
Last Listing description (May 2016)
Long established thriving fitness centre.
The Ridge: Nearly 2,000 current members and growing.
Annual rent reviews.
Tenant security with capital intensive fit-outs Central amongst complimentary tenancy mix including
Endota Spa, dance academy, healing centre etc.
Ample shared car parking on-site, spread over two levels.
Strategic location near the juncture of several of Eltham's main thoroughfares.
Includes daily on-site child minding facilities with professional staff.
Substantial income saving taxation depreciation benefits.
Eltham: Popular tree-lined leafy village only 18km north east of the Melbourne CBD.
10 Year lease plus options through to July 2031.
Fixed 3% increases.
Lessee pays usual outgoings including Owners Corp.
Impressive 1,008 sqm premises.
The Ridge: Established 1990, locally owned and operated, nearly 2,000 members and growing.
Rent: $168,827 pa (July 2015).
Property History for 8a/266 Bolton St, Eltham, VIC 3095
- 25 Mar 2016Sold for $2,222,000
- 24 Apr 2015Listed for Sale Not Disclosed
- 09 Feb 2006Sold for $1,170,000
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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 8,626 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.
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