241 Stud RoadWantirna South VIC 3152
Property Details for 241 Stud Rd, Wantirna South
Last Listing description (October 2025)
Ray White Commercial Preston is pleased to offer for sale 241 Stud Road, Wantirna South:
- Long established and very tightly held, thriving Studfield is home to a number of well regarded tenants including IGA, Cellarbrations, Brumby's Bakery, Australia Post, H & R Block, Ray White, Professionals, Barry Plant and Pharmasave Pharmacy
- Leased to an established restaurant "Straights Malaysian Cafe" who have been running for 20 years
- INVESTORS NOTE:
- THE TENANT IS WILLING TO COMMIT TO A FURTHER 5 YEAR LEASE WITH 3 FURTHER OPTIONS OF 5 YEARS
- Original Lease commencing on 7 November 2005
- Current Rent $70,229 net per annum, plus GST
- Annual Rent Increase fixed at 3%
- Excellent main road location with exposure to thousands of cars daily
- Rare opportunity suited to owner occupiers and investors
- Ample public car parking options surrounding the property
- Excellent access to network of arterial roads including Burwood Highway, Eastlink, Boronia Road and High Street Road
- Convenient public transport facilities nearby
- Land area 187 sqm approx
Important Update:
From 1 July 2024, the State Revenue Office offers eligible buyers of commercial and industrial properties the option to pay stamp duty upfront at settlement or spread payments over 10 years.
For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com
Selena Peng 0424 267 082
DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein
Property History for 241 Stud Rd, Wantirna South, VIC 3152
- 17 Oct 2025Sold
- 01 Aug 2025Listed for Sale EOI $1,400,000 to $1,450,000
- 29 Jun 2017Sold for $1,310,000
Recent sales nearby
See more recent sales nearby/assets/perm/47ziyqzoc4i6xczcqeo75i66le?signature=c84eae2d96d6c5e334489c12c2d8035b88eda1fa6666c5b7aa486635fb9eb572){kind=logo}
0/assets/perm/yw6m3jnbfqi6xbvhsp2a4rewfa?signature=788adbd6922e3c752b2d90c99aac1add402da5dbf9169a79c2ce4c86c7cfc215){kind=logo}
0/assets/perm/rbncz56kbui63e7il6g4bikd6a?signature=a3717e859a0ae06ec9289c296704adc06bdf83ff04577847e6d2f0facb87affa){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Wantirna South 3152
The size of Wantirna South is approximately 14.1 square kilometres. It has 47 parks covering nearly 17.5% of total area. The population of Wantirna South in 2016 was 19271 people. By 2021 the population was 20754 showing a population growth of 7.7% in the area during that time. The predominant age group in Wantirna South is 30-39 years. Households in Wantirna South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna South work in a professional occupation.In 2021, 72.10% of the homes in Wantirna South were owner-occupied compared with 75.30% in 2016.
Wantirna South has 9,962 properties. Over the last 5 years, Houses in Wantirna South have seen a 37.05% increase in median value, while Units have seen a 12.20% increase. As at 30 November 2025:
- The median value for Houses in Wantirna South is $1,373,698 while the median value for Units is $585,071.
- Houses have a median rent of $650 while Units have a median rent of $590.
Suburb Insights for Wantirna South 3152
Market Insights
Wantirna South Trends for Houses
N/A
N/A
View TrendN/A
N/A
Wantirna South Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. 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
