116 Bailey StreetGrovedale VIC 3216
Property Details for 116 Bailey St, Grovedale
Last Listing description (October 2025)
Colliers is excited to offer 116 Bailey Street, Grovedale, for immediate lease.
Beat the December rush and be ready for business in 2026.
Conveniently located to Surf Coast Highway and Barwon Heads Road.
Key Features:
- Land area 738m²*
- Building area 300m²*
- Dual access to front and rear
- On-site car parking
- Zoned Commercial 2
Your chance to secure a lease in the highly sought after Grovedale commercial precinct.
For Lease: $40,000 per annum + GST
For further information or to arrange an inspection, please contact Colliers agents Jonathon Lumsden 0402 213 572 & Ned Tansey 0492 892 101
Property History for 116 Bailey St, Grovedale, VIC 3216
- 17 Oct 2025Listed for Rent $40,000 / week
- 20 Jun 2025Sold for $750,000
- 09 Apr 2025Listed for Sale $875,000
Recent sales nearby
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About Grovedale 3216
The size of Grovedale is approximately 7.0 square kilometres. It has 21 parks covering nearly 14.3% of total area. The population of Grovedale in 2016 was 14308 people. By 2021 the population was 14869 showing a population growth of 3.9% in the area during that time. The predominant age group in Grovedale is 20-29 years. Households in Grovedale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grovedale work in a professional occupation.In 2021, 68.90% of the homes in Grovedale were owner-occupied compared with 70.50% in 2016.
Grovedale has 7,554 properties. Over the last 5 years, Houses in Grovedale have seen a 32.71% increase in median value, while Units have seen a 29.49% increase. As at 30 November 2025:
- The median value for Houses in Grovedale is $754,876 while the median value for Units is $522,291.
- Houses have a median rent of $520 while Units have a median rent of $440.
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