88 South Parade, Blackburn, VIC 3130

Retail | Offices

Leased

  • Property ID: 433165
  • Floor Area: 348m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 30/08/2023 348m2 N/A N/A
GET ON THE TRAIN STATION PLATFORM

POINT OF INTEREST:

Blackburn’s village-like retail strip is proof that when you platform commuter convenience, small businesses thrive. Shop 88 is no different, with 348 sqm* of clever space to make your own and invaluable frontage to pedestrians, drivers, and train riders at Blackburn railway station sitting directly opposite. South Parade is home to the best of the suburb’s independent cafes, restaurants, and retailers, drawing locals in from the residential streets and public transporters heading to and from the station. As the previous tenant was a boutique real estate agency, the space itself is currently fitted for a similar outfit and ready for immediate move-in. However, those with ambitions to add to the retail offering on this strip would also be set up for success with the floor plan and amenities. Speaking of, there’s heating and cooling throughout, rear access to a large public car park, and you’re sitting next door to Subway.

- 348 sqm* of building area.
- Commercial 1 zoning.
- Directly opposite Blackburn railway station.
- Rear access to a large public car park.
- Heating and cooling throughout.
- 16 km* from Melbourne CBD.

POINT OF VIEW:

A clear one for not only those grabbing their morning coffee, takeaway lunch, or lazy dinners, but commuters on the Belgrave and Lilydale lines pausing across the road — twice a day, five days a week.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: Nil
  • Condition: Very Good
  • Air Conditioning: Office Area
  • Floors: Concrete/carpet
  • Lifts: N/A
  • Height: 2.7 meters
  • Age: 50 + Years
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,700 pa. approx. + GST
  • Land Tax: TBC
  • Council Rates: $3,225 pa. approx. + GST
  • Owners Corp. / Insurance: $2,443 pa. approx. + GST
Blackburn Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $291 ---
Industrial --- $148 ---
Offices --- $305 ---
This is the average advertised price, rent and yield for Blackburn, VIC 3130*

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

Days on Market data for Retail in VIC for Lease

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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