230-232 Balaclava Road, Caulfield North

for sale

EVERY INCH OF THIS BUILDING EARNS.

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:


Listing Highlights

  • Multiple tenants. Diversified income.
  • Combined net rent of $317,073 pa*
  • Fifteen (15)* on-site car spaces

Property Details


Asset Type
Offices

Building Area
1,386 m2*

Land Area
540 m2*

Price
Contact Agent