38B Prince StreetRosedale VIC 3847
Property Details for 38b Prince St, Rosedale
Last Listing description (November 2020)
Great location to set up a cafe and take advantage of Rosedale's burgeoning cafe/foodie culture.
Situated next door to the Australia Post outlet in the main street of Rosedale is this well positioned commercial property with exposure to a high volume of foot traffic, plus the huge volume of vehicle traffic passing by the front door every day on Princes Highway.
Located in the main shopping strip of the Rosedale CBD these retail premises could be the ideal place for you to set up your own business, and its only metres away from popular drawcards such as the Victoria Rose Tearooms and the Prince Street Reserve (which incorporates the skate park, old school building and the statue of Patrobas, a local winner of the Melbourne Cup).
Professional people in industries such as the medical/health sector shouldnt overlook the potential to turn these premises into an office or professional suite. Its zoned Commercial 1, use your imagination!
Investors could use this low cost option to start their own commercial investment property portfolio or add it to their existing portfolio.
Contact Di Rand on 0490 149 159.
Property History for 38b Prince St, Rosedale, VIC 3847
- 19 Mar 2021Sold for $180,000
- 30 Oct 2020Listed for Sale $249,500
- 27 Aug 2019Listed for Sale $199,000
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0About Rosedale 3847
The size of Rosedale is approximately 207.0 square kilometres. There are 14 parks, covering nearly 24.9% of the total area. The population of Rosedale in 2016 was 1654 people. By 2021 the population was 1729 showing a population growth of 4.5% in the area during that time. The predominant age group in Rosedale is 60-69 years. Households in Rosedale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rosedale work in a trades occupation.In 2021, 79.40% of the homes in Rosedale were owner-occupied compared with 75.80% in 2016.
Rosedale has 1,200 properties. Over the last 5 years, Houses in Rosedale have seen a 45.65% increase in median value, while Units have seen a 53.75% increase. As at 31 May 2026:
- The median value for Houses in Rosedale is $537,835 while the median value for Units is $344,391.
- Houses have a median rent of $475 while Units have a median rent of $230.
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