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Ballara, 1435 Main Road
Eltham VIC 3095
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Sold on 23 Nov 2023

Ballara, 1435 Main Road Eltham VIC 3095

  • Development / Land
  • 1.31 ha
  • Sold

Wedding Reception Landholding Backed by Strong Improvements & Income

  • Quality Existing Improvements
  • 13,105 sqm* Landholding
  • Surrounded by a Successful Retail Strip

Stonebridge Property Group is pleased to present for sale Ballara, 1435 Main Road, Eltham.

The key highlights of the opportunity include:

- Strong existing improvements including a fully licensed reception centre & 2 residential houses operating as a wedding and reception venue

- 13,105 sqm* landholding zoned General Residential with a total frontage of 58 m* to Main Road

- Surrounded by retail amenity featuring a FoodWorks and Australia Post (500 m*) with more substantial retail options including Main Road shopping strip anchored by Woolworths, Coles, Dan Murphy's & Chemist Warehouse (2.5 km*)

- Highly regarded as one of Melbourne's best wedding venues having achieved many accolades including the 5 Star Award (Wedding Diaries & Easy Weddings)

- Suitable for multiple development outcomes with a limited supply of residential development sites of this scale

- 1.5 km* from Eltham College and 170 m* from Research Park / Main Road bus stop allowing connectivity to surrounding suburbs

- Within walking distance to numerous parklands including Research Park (200 m*) & Yarramie Reserve (700 m*)

- Leased until December 2024 plus varying residential leases for the two existing residential premises

- Flexible 12-18 months settlement terms available

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren
0488 296 892

Chao Zhang
0411 625 068

Jacob Biviano
0416 088 586

* Approximate

Property Code: 767

Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold23 Nov 2023
Floor AreaAsk Agent
Land Area1.31 ha
ParkingAsk Agent
Property ID2018815490
Category
Last updated  23 Nov 2023
Map for Ballara, 1435 Main Road Eltham VIC 3095
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold23 Nov 2023
Floor AreaAsk Agent
Land Area1.31 ha
ParkingAsk Agent
Property ID2018815490
Category
Last updated  23 Nov 2023

Co-Agents

Max Warren
Stonebridge Property Group VIC
Call
+61 488 296 892
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068

More about Ballara, 1435 Main Road Eltham VIC 3095

Ballara, 1435 Main Road Eltham VIC 3095 is categorized as Land & Development Property. It has a land area of 1.31 ha. The listing ID for this property is 2018815490.

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