159 Parker Street, Templestowe, VIC 3106 | Property Value & History | OnTheHouse
OFF MARKET

159 Parker Street
Templestowe VIC 3106

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 79m2
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Property Details for 159 Parker St, Templestowe

Building Type
Commercial
Land Size
79m2
Local Government
Manningham
Lot/Plan
2/SP30038

Last Listing description (August 2013)

GormanKelly is pleased to offer 159 Parker Street, Templestowe for sale by auction, scheduled for Wednesday 7th August, 2013 at 12.00 noon.

This is a first time offering for sale since its construction in 1985.

In summary this property offers:

- Single storey retail shop with great exposure
- Building area 70m approx
- Current tenant T/as Templestowe Beauty Retreat
- 3 year lease PLUS options
- Currently returning $20,235 net p.a. plus outgoings & GST
- Potential upside - Build an extra level (STCA)
- Land area 82m / Zoned Business 1
- Great location within Templestowe Village; a thriving and award winning local retail hub.

The premises is set-up as a beauty salon and is immaculate inside with polished concrete/tiles and exquisite wallpaper that creates a vibrant feel throughout.

Every inch of the floor plate has been strategically utilised with the front retail room having many uses such as a waiting room, nail therapy table and also leads to the first therapy room.

A quick walk down the hall way leads to another 3 therapy rooms, a tanning booth and staff amenities at the rear which include kitchenette and toilet.

The entire shop has 3 split system heating/cooling units and each therapy room has sink facilities. The large display window allows natural light to filter through.

There is abundant customer/public car parking available directly to the front and rear of the premises.

Located within Templestowe Village Shopping Centre, metres from the corner of Anderson Street.

Cosmopolitan and sophisticated, Templestowe Village is an active centre that caters to the needs of the local community and has developed into a must see destination for visitors along the Main Yarra Trail. A relatively large centre, Templestowe Village is well serviced by a variety of retail amenities including the adjacent Templestowe Leisure and Community Centres, the Mechanics and Memorial Halls, gymnasium, fashion retailing and gift stores as well as a wide array of cafes, restaurants and coffee shops.

Property History for 159 Parker St, Templestowe, VIC 3106

A timeline of how this property has performed in the market
Last Sold
$480,000
13 Aug 2016
  • 13 Aug 2016
    Sold for $480,000
  • 23 Oct 2013
    Sold for $455,000
  • 09 Jul 2013
    Listed for Sale Not Disclosed
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About Templestowe 3106

The size of Templestowe is approximately 16.2 square kilometres. It has 41 parks covering nearly 33.0% of total area. The population of Templestowe in 2016 was 16618 people. By 2021 the population was 16966 showing a population growth of 2.1% in the area during that time. The predominant age group in Templestowe is 50-59 years. Households in Templestowe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Templestowe work in a professional occupation.In 2021, 82.30% of the homes in Templestowe were owner-occupied compared with 83.00% in 2016.

Templestowe has 7,398 properties. Over the last 5 years, Houses in Templestowe have seen a 2.67% increase in median value, while Units have seen a 18.33% increase. As at 31 March 2026:

  • The median value for Houses in Templestowe is $1,626,579 while the median value for Units is $945,357.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 11 properties listed for rent in Templestowe on OnTheHouse. According to Cotality's data, 302 properties were sold in the past 12 months in Templestowe.

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Cotality Copyright and Legal Disclaimers about Property Data
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.