1/567-577 Blackburn Road, Notting Hill, VIC 3168 | Property Value & History | OnTheHouse
 
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1/567-577 Blackburn Road
Notting Hill VIC 3168

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 398m2
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Property Details for 1/567-577 Blackburn Rd, Notting Hill

Building Type
Commercial
Land Size
398m2
Local Government
Monash
Lot/Plan
1/LP218470

Last Listing description (September 2022)

Crabtrees Real Estate are delighted to offer 1/567-577 Blackburn Road, Notting Hill for sale by Public Auction Wednesday 14th September at 12 noon on site.

With a renewed 5 year lease from July 2022, this high profile commercial property provides an outstanding investment opportunity with a long standing Tenant and is currently returning $69,255 pa + GST + Outgoings.

Unit 1/567-577 Blackburn Road Notting Hill is truly an investment that ticks all the boxes, a long lease, a well established Tenant, a main road position and located in a blue chip location in metro Melbourne.

+ 5 + 5 + 5 year lease from 1st July 2022

+ Current returning $69,255 pa + Outgoings + GST

+ Annual 3% increases

+ Tenant "Waverley Exhaust & Brake" has been in occupation since approximately 1998

+ High profile commercial premises of approximately 239 sqm* in tightly held location with 4 car spaces on site

+ Irreplaceable location with fantastic fit for purpose premises

Terms: 10% deposit, balance 30,60,90 days

Note: Can't attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online on Anywhere Auctions!

https://anywhereauctions.com.au/app/property?propertyId=25461

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

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Property History for 1/567-577 Blackburn Rd, Notting Hill, VIC 3168

A timeline of how this property has performed in the market
Last Sold
$1,420,000
14 Sep 2022
  • 14 Sep 2022
    Sold for $1,420,000
  • 16 Aug 2022
    Listed for Sale CONTACT AGENT
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About Notting Hill 3168

The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Notting Hill in 2016 was 3050 people. By 2021 the population was 2895 showing a population decline of 5.1% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation.In 2021, 47.70% of the homes in Notting Hill were owner-occupied compared with 41.00% in 2016.

Notting Hill has 2,248 properties. Over the last 5 years, Houses in Notting Hill have seen a 24.53% increase in median value, while Units have seen a 13.47% increase. As at 31 January 2026:

  • The median value for Houses in Notting Hill is $1,384,705 while the median value for Units is $410,047.
  • Houses have a median rent of $595 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Notting hill on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Notting hill.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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