Added 4 days ago
189-191 Balaclava Road,
Caulfield North, VIC 3161
Offices
Added 4 days ago
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$516,300
Number of Tenants
2 Tenants
Tenants / Type
Kieser Training & Access Business Centre
Expression of Interest
Private inspections
to arrange a private inspection.
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
189-191 Balaclava Road
Caulfield North, VIC 3161
Map of 189-191 Balaclava Road
Train stations within 5 km of 189-191 Balaclava Road, Caulfield North, VIC 3161 Distance Malvern Station 923 m Armadale Station 1.8 km Caulfield Station 1.8 km Elsternwick Station 2.3 km Ripponlea Station 2.4 km POWERED BY HERE ©Tram stops within 5 km of 189-191 Balaclava Road, Caulfield North, VIC 3161 Distance 47-Elmhurst Rd/Balaclava Rd (Caulfield North) 129 m 47-Caulfield Junior College/Balaclava Rd (Caulfield North) 144 m 51Hawthorn RdBalaclava Rd Caulfield North 149 m 51Balaclava RdHawthorn Rd Caulfield North 174 m 52-Halstead St/Hawthorn Rd (Caulfield North) 317 m POWERED BY HERE ©Bus stops within 5 km of 189-191 Balaclava Road, Caulfield North, VIC 3161 Distance Hawthorn Rd/Balaclava Rd (Caulfield North) 149 m Balaclava RdKooyong Rd Caulfield North 405 m Dorgan StKooyong Rd Caulfield North 430 m Airdrie Rd/Kooyong Rd (Caulfield North) 467 m Inkerman RdKooyong Rd 609 m POWERED BY HERE ©
POWERED BY HERE ©
PROMINENT CORNER FREEHOLD INVESTMENT WITH STRONG CASH FLOW
- Large landholding
- Fully leased to established tenants
- Future upside
Gross Waddell ICR, in conjunction with Belle Property Commercial, is pleased to present this exceptional two-level corner freehold in the heart of Caulfield North. Offering secure income, prominent exposure and outstanding long-term development potential, this rare investment opportunity is ideally positioned within one of Melbourne’s most tightly held commercial precincts.
• Highly visible two-level corner freehold of 1,155sqm* with exceptional exposure to Balaclava Road
• Situated on a generous 1,153sqm* landholding and zoned Commercial 1 (C1Z)
• Positioned in a tightly held and well-regarded Caulfield North Retail/Commercial precinct
• Fully leased to two established tenants — Kieser Training and Access Business Centres — providing secure income streams from proven, nationally recognised operators
• Strong combined annual income of $516,300* per annum net
• Substantial on-site car parking for 27 vehicles, a rare and highly sought-after feature in this location
• Surrounded by a diverse mix of commercial, retail and service-based businesses, contributing to consistent demand and a thriving local customer base
• Significant long-term future development upside, supported by the property’s corner position, landholding and substantial frontage, offering scope for future value creation (STCA) at the end of leases
*approx.
189-191 Balaclava Road, Caulfield North is offered for sale via Expressions of Interest closing Thursday 5th March 2026 at 3pm. For more information or to arrange an inspection, please contact Gross Waddell ICR or Belle Property Commercial directly.
Gross Waddell ICR:
Alex Ham - 0410 545 2...
Michael Gross - 0419 355 5...
Belle Property Commercial:
Daniel Liberman - 0438 333 6...
Charles Carty - 0438 277 0...
• Highly visible two-level corner freehold of 1,155sqm* with exceptional exposure to Balaclava Road
• Situated on a generous 1,153sqm* landholding and zoned Commercial 1 (C1Z)
• Positioned in a tightly held and well-regarded Caulfield North Retail/Commercial precinct
• Fully leased to two established tenants — Kieser Training and Access Business Centres — providing secure income streams from proven, nationally recognised operators
• Strong combined annual income of $516,300* per annum net
• Substantial on-site car parking for 27 vehicles, a rare and highly sought-after feature in this location
• Surrounded by a diverse mix of commercial, retail and service-based businesses, contributing to consistent demand and a thriving local customer base
• Significant long-term future development upside, supported by the property’s corner position, landholding and substantial frontage, offering scope for future value creation (STCA) at the end of leases
*approx.
189-191 Balaclava Road, Caulfield North is offered for sale via Expressions of Interest closing Thursday 5th March 2026 at 3pm. For more information or to arrange an inspection, please contact Gross Waddell ICR or Belle Property Commercial directly.
Gross Waddell ICR:
Alex Ham - 0410 545 2...
Michael Gross - 0419 355 5...
Belle Property Commercial:
Daniel Liberman - 0438 333 6...
Charles Carty - 0438 277 0...
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If you'd like to inspect this property in person, please to arrange a private inspection.
Caulfield North, 3161 demographic data
The median household income for Caulfield North is $2,205, 16% higher than Greater Melbourne's household income of $1,901. Caulfield North has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 44% of property owners in Caulfield North have a mortgage.
16,903
Population
$2,205 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Belle Property Commercial - South Melbourne100 Tope Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
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