For Sale
Rare 1,130 sqm* Caulfield Junction Building + 15 Car Parks + Upside
230-232 Balaclava Road, Caulfield North VIC

Stonebridge Property Group is pleased to present for sale 230-232 Balaclava Road, Caulfield North.

The key highlights of the irreplaceable opportunity include:

  • A substantial 1,130 sqm* freehold building with sprawling open plan office floor plates and prime retail frontage to Balaclava Road
  • Leased by 6 established tenants providing a diverse annual income and the potential for significant growth
  • Anchoring the property is Innovate Online, a global leader in digital marketing, and CKL Lawyers, a high-performing law firm operating out of Melbourne’s inner east since 1987
  • Benefitting from 540 sqm* of underlying C1Z land with highly accessible rear lane access
  • Bolstered by the added convenience of secure on-site car parking with space for 15 vehicles
  • Strategically located in the tightly held Caulfield Junction, only moments from a brand new IGA and well serviced by public transport (tram routes 3/3a, 16 & 64)
  • Caulfield Junction retail activity is supported by highly popular hospitality venues including Green Cup, Café Uffizi and Parkside Pantry
  • Direct proximity to highly popular Caulfield Park – a 26-hectare sport and recreation park which provides excellent property exposure and constant levels of foot traffic
  • Positioned in the heart of one of Victoria’s most affluent residential pockets with Caufield North boasting a median house price 151% more than greater Melbourne
  • 36.9% of Caulfield North households are considered high-income earners (earning $3000+ per week)
  • Providing annual net income of $332,950*

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately

 

 

Listing Map