230-232 Balaclava Road, CAULFIELD NORTH VIC 3161

Aston are pleased to present 230-232 Balaclava Road, Caulfield North by Private Sale.

The opportunity:

A scarce, fully leased freehold in tightly held Caulfield Junction, with a blend of retail, office and telco tenants. Income flows from established, long-standing businesses across legal, technology, real estate and personal services. Then there’s the rooftop: a long-term telco lease turns otherwise unused space into secure income, something most buildings simply can’t offer.

Investor, owner-occupier, family office or value-add buyer, this property works for all. Staggered lease terms, a diversified tenancy and untapped upside open up more than one path to value. Which one suits you? 

The features:

• Fully leased to a diversified tenant mix of retail, office and rooftop telco
• Rent of $319,375* pa from Feb 2027, including scheduled rent reviews
• Outgoings recovered (excluding land tax)
• WALE of 3.5 years* (by income)
• Three (3) levels, with ground-floor retail and two (2) levels of office
• Fifteen (15)* secure ground-floor car spaces with rear access
• 13m* frontage to Balaclava Road
• Sun-drenched upper levels
• Amenities on every level
• Commercial 1 Zone (C1Z)

Location:

Moments from the bustling Hawthorn Road strip and Caulfield Park, with Malvern Central, Malvern train station and Glenferrie Road all within easy reach.

Great location today. Even better tomorrow. Mount Scopus Memorial College has agreed to acquire an approx. 7-hectare site at Caulfield Racecourse for $195m*, approx. 1.6km* away. Its proposed campus is poised to reshape the precinct, making this an address worth getting ahead of.

Contact the exclusive agents for the brochure or arrange a private inspection.