Retail Opportunity With Development Upside (STCA)

SOLD

634 Glen Huntly Road

Caulfield South VIC 3162

Retail

FOR SALE

115m2

OCCUPY / INVEST / DEVELOP (STCA)

RWC Oakleigh proudly introduces an exceptional opportunity at 634 Glen Huntly Road, Caulfield South, the property will be offered for sale by way of Private Sale.

Available for the first time in nearly three decades, stands as a coveted asset in Caulfield South's Retail Precinct, appealing to both owner-occupiers and investors. Its prime location amidst the heart of Caulfield South offers a rare chance for astute investors, developers, or owner-occupiers. What sets this opportunity apart is the property's unique advantage of front and rear access, amplifying its potential for future development. Caulfield is witnessing significant transformations with ongoing developments, infusing new vitality into the area.

This remarkable opportunity encompasses a dual space: a retail/office area fronting Glenhuntly Road and a tenanted two-bedroom residence at the rear, both currently on a month-to-month tenancy. The shop itself spans 35m2* and is primed for immediate occupation or leasing. Meanwhile, the two-bedroom residence has been tenanted since November 2017, with the current tenant on a month-to-month arrangement, providing an added benefit of instant income while future plans are devised.

Strategically positioned within the South-East metropolitan Melbourne corridor, the property is conveniently accessible via major routes like Dandenong Road, Nepean Hwy, and the Monash Freeway (M1). Notably, it stands just 1.4km* away from Elsternwick Train Station, enhancing its connectivity and attractiveness to potential buyers and investors.

Property Features:

• Total land area | 212m2*
• Combined building area | 115m2*
• Including retail area | 35m2*
• Rear access via R.O.W.
• Development Upside (STCA)
• Tightly held Caulfield South Retail Precinct
• Shop & residence separately metered
• Residence and retail areas on a month to month basis
• Serviced by major arterial roads including Dandenong Road, Nepean Hwy and the Monash Freeway (M1)
• Only minutes from Elsternwick train station
• Commercial 1 Zone (C1Z)

For further information and private inspection of the property, please contact one of the exclusive marketing agents below:

George Kelepouris | 0425 798 677
George Ganavas | 0478 634 562

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.