88 Grange Road, Alphington, VIC 3078

Retail

Sold $750,000

  • Property ID: 432729
  • Floor Area: 256m²
  • Land Area: 256m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 24/07/2023 256m2 256m2 $750,000
High exposure and full of opportunity

Radiating an unbeatable address in the vibrant & leafy suburb of Alphington, is this versatile property that includes a shop front and 2BR brick veneer dwelling at the rear. Not only does it present a superb opportunity for those looking for a proven investment (currently on a month to month tenancy) but a brilliant home base for those wanting to start a new business venture with fantastic exposure. The smart floor plan includes a shopfront business that could easily be converted into a new workspace/salon or home office. At the rear from a separate entrance, is a two bedroom dwelling that incorporates a kitchen, living room and bathroom. This residence also has rear lane access and space for storage.

As a developer, you know the importance of location, and this property is in a highly desirable area with excellent growth potential. The opportunities are endless, whether you choose to renovate the existing building, build a second storey residence, or build a new building from the ground up at the rear STCA.

All of this conveniently positioned in close proximity to Thornbury High and Fairfield Primary School, Darebin Parklands and Alphington train station.



Inspections via appointment only & Saturday the 27th of May at 11:30AM prior to the Auction.

Alphington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $465 ---
Industrial --- $95 ---
Retail --- $465 ---
This is the average advertised price, rent and yield for Alphington, VIC 3078*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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