165 Union RoadSurrey Hills VIC 3127
Property Details for 165 Union Rd, Surrey Hills
Last Listing description (December 2016)
SOLD ANOTHER DESPERATELY NEEDED
This is an affordable opportunity for commercial investment or ownership with this single level premises in a high exposure location in the tightly held retail Union Road Shopping Village.
With excellent transport facilities close by, there is ample scope to renovate or redevelop and transform this building for your own situation or add value by including adding a potential second level (STCA).
- Single level building of approximately 133m2 internal with rear access and parking;
- Vacant Possession
- Suitable for Investors or Owner Occupiers;
- Potential for further development (S.T.C.A);
- Land area 170m / Zoned Commercial 1;
- Surrey Hills Train Station within 500m
- Bus passes by close to Whitehorse Road tram
- Surrounded by well established local businesses
This property is located on the eastern side of Union Road.
Property History for 165 Union Rd, Surrey Hills, VIC 3127
- 25 Oct 2016Sold for $937,500
- 26 Oct 2015Listed for Sale $995,000 Plus GST (if any)
- 22 Jun 2000Sold for $267,000
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0About Surrey Hills 3127
The size of Surrey Hills is approximately 4.4 square kilometres. It has 13 parks covering nearly 3.4% of total area. The population of Surrey Hills in 2016 was 13605 people. By 2021 the population was 13655 showing a population growth of 0.4% in the area during that time. The predominant age group in Surrey Hills is 50-59 years. Households in Surrey Hills are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Surrey Hills work in a professional occupation.In 2021, 76.50% of the homes in Surrey Hills were owner-occupied compared with 76.30% in 2016.
Surrey Hills has 7,012 properties. Over the last 5 years, Houses in Surrey Hills have seen a 10.77% increase in median value, while Units have seen a 14.11% increase. As at 31 January 2026:
- The median value for Houses in Surrey Hills is $2,312,701 while the median value for Units is $947,233.
- Houses have a median rent of $850 while Units have a median rent of $620.
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