1/137 Shoreham RoadRed Hill South VIC 3937
Property Details for 1/137 Shoreham Rd, Red Hill South
Last Listing description (January 2020)
Phone enquiry code for this property: 1880
Take over existing lease in an established and affluent shopping precinct frequented by the Mornington Peninsula local community and with a thriving tourism trade over weekends and holiday periods.
Total area approx 160sqm.
This includes a separate 42sqm office currently sublet on a month-by-month tenancy by an interior design consultancy paying approx $1500/month plus GST.
Main space of 118sqm is $2420/month plus GST. This includes common area outgoings. Council rates approx $425 per quarter.
Continue as two areas with existing sub-tenant (subject to your negotiations) or easily combine into one large space of 160sqm.
Also access to large common area deck space adjacent to the space.
Existing lease runs to February 2020 and has an additional 5-year option. Take this lease over now on a date to be agreed and on applicant approval by landlord.
Suits a variety of uses: retail, office space, professional suites, etc.
Phone enquiry code for this property: 1880
Property History for 1/137 Shoreham Rd, Red Hill South, VIC 3937
- 21 Apr 2023Sold for $350,000
- 03 Apr 2019Listed for Rent $29,040 / year
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
0
About Red Hill South 3937
The size of Red Hill South is approximately 15.2 square kilometres. There are 5 parks, covering nearly 1.8% of the total area. The population of Red Hill South in 2016 was 603 people. By 2021 the population was 708 showing a population growth of 17.4% in the area during that time. The predominant age group in Red Hill South is 60-69 years. Households in Red Hill South are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill South work in a professional occupation.In 2021, 86.20% of the homes in Red Hill South were owner-occupied compared with 91.50% in 2016.
Red Hill South has 463 properties. Over the last 5 years, Houses in Red Hill South have seen a -26.50% decrease in median value, while Units have seen a -71.14% decrease. As at 31 May 2026:
- The median value for Houses in Red Hill South is $2,086,538 while the median value for Units is $489,839.
Suburb Insights for Red Hill South 3937
Market Insights
Red Hill South Trends for Houses
N/A
N/A
View TrendN/A
N/A
Red Hill South Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
