445-447 Burke Road, Glen Iris, VIC 3146 | Property Value & History | OnTheHouse
OFF MARKET

445-447 Burke Road
Glen Iris VIC 3146

Bedrooms: 1
Bathrooms: -
Car spaces: 2
Floor area: 210m2
Land area: 868m2
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Property Details for 445-447 Burke Rd, Glen Iris

Building Type
Commercial
Year Built
2006
Floor Size
210m2
Land Size
868m2
Local Government
Boroondara
Lot/Plan
11/PS505251

Last Listing description (November 2016)

GormanKelly is pleased to offer Suite 11, 445-447 Burke Road, Glen Iris for sale.
This presents a great opportunity for Owner occupiers or Investors to secure a modern strata office/retail premises situated within a well-serviced retail strip, directly across from the new $40million redevelopment of the Epworth Hospital.
Suite 11, 445-447 Burke Road comprises modern strata retail / office premises of 210sqm with a large glass frontage providing great exposure and abundance of natural light. The suite is air-conditioned and fully self-contained with bathroom facilities and a spacious kitchen / staff room with open plan area.

Two (2) onsite car spaces are on title and there is access to an additional seven car spaces on the first level. Located at the rear of the premises, these can be accessed via Burke Road. Ample on street parking is also available at the front of the premises.
We believe the most outstanding aspects of the property include:
- Rear loading bay with roller door access;
- Offered vacant possession;
- Estimated rental return $73,500 p.a. plus GST and outgoings;
- Suitable for Owner Occupiers or Investors;
- Zoned Commercial 1 / City of Boroondara;
- Easy access to the Monash Freeway with trams on Burke Road and Gardiner Train Station a short walk away;
- Close to retail amenity of both the Camberwell Shopping Precinct and Tooronga Shopping Centre with retailers including Coles, Woolworths, First Choice Liquor, Bakers Delight, Amcal Pharmacy and various restaurants, cafes and specialty stores.
445-447 Burke Road is located on the western side of Burke Road, Glen Iris near the corner of Toorak Road. The property is located approximately 8km* south-east of the Melbourne CBD within the municipality of Boroondara City Council. Toorak Road is a major arterial road that runs from Burwood through to South Yarra, where it merges with St Kilda Road.

Property History for 445-447 Burke Rd, Glen Iris, VIC 3146

A timeline of how this property has performed in the market
Last Sold
$1,050,500
04 Nov 2016
  • 04 Nov 2016
    Sold for $1,050,500
  • 07 Jul 2016
    Listed for Sale Not Disclosed
  • 05 Jul 2011
    Transferred
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About Glen Iris 3146

The size of Glen Iris is approximately 8.0 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2016 was 25268 people. By 2021 the population was 26131 showing a population growth of 3.4% in the area during that time. The predominant age group in Glen Iris is 50-59 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation.In 2021, 70.00% of the homes in Glen Iris were owner-occupied compared with 68.00% in 2016.

Glen Iris has 13,466 properties. Over the last 5 years, Houses in Glen Iris have seen a 17.84% increase in median value, while Units have seen a 8.65% increase. As at 31 December 2025:

  • The median value for Houses in Glen Iris is $2,473,258 while the median value for Units is $768,713.
  • Houses have a median rent of $870 while Units have a median rent of $580.
There are currently 18 properties listed for sale, and 16 properties listed for rent in Glen iris on OnTheHouse. According to Cotality's data, 643 properties were sold in the past 12 months in Glen iris.

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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.