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For sale

271 Burke Road, Glen Iris

VERSATILE DUAL STOREY FREEHOLD IN THE HEART OF STONNINGTON

Jones Real Estate is proud to present 271 Burke Road, Glen Iris to the market For Sale via Public On-Site Auction Friday 1st March at 10:30am.

Positioned in the heart of one of Melbourne’s most prestigious post codes, 271 Burke Road, Glen Iris delivers a perfect combination of accessibility, connectivity and convenience to surrounding work & lifestyle amenity.

Key highlights of this property include:

– Prime dual storey offering on 204sqm* of land, providing 5.1m* of direct frontage onto the major arterial of Burke Road and six (6) car parks on title.

– This highly versatile opportunity offers a combination of ground floor commercial space and an expansive two (2) bedroom, one (1) bathroom residence, equipped with separate rear laneway access.

– An increasingly rare opportunity for owner-occupation, value-add, reposition, or redevelopment (STCA), featuring laneway access and ample car parking.

– The property is immersed within one of Melbourne’s most esteemed local councils, the City of Stonington. Surrounded by a plethora of high-end retail boutiques, cafés, restaurants and lifestyle amenities, the central location defines the ultimate inner suburban lifestyle living.

– Regarded as one of Melbourne’s most expensive post codes, Glen Iris boasts a median house price of $2,456,000**, further enhancing the underlying land value for generations to come.

– Positioned near some of Melbourne’s finest educational institutions such as Sacre Coeur, Korowa Anglican Girls’ School, Caulfield Grammar School and De La Salle College.

– Exceptional transportation options, accessed through the number 6 or 72 tram routes, Gardiner and Tooronga Railway Stations and major.

– 45,000 vehicles passing daily on Burke Road, both north and south bound^^.

– Flexible and highly sought after Commercial 1 Zone (C1Z) allowing for a multitude of uses and development potential of up to 21m* (STCA).

*Approx.
**Realestate.com.au (Jan 2023 – Dec 2023)
^Subject to council approval
^^Gapmaps.com

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Property Type

Commercial, Retail

Address

271 Burke Road, Glen Iris VIC 3146

Method of sale

Auction

Auction Date

March 1, 2024 - 10:30 am

Land Area

204 sqm

Floor Area

135 sqm

Occupancy

Vacant Possession

Price guide

Contact Agent

Map of: 271 Burke Road VIC 3146

Helping build, manage and negotiate strong, sustainable, market-leading investments.

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