226 Hotham Street,
Elsternwick, VIC 3185
Medical & Consulting • Offices • Shops & Retail
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
226 Hotham Street
Elsternwick, VIC 3185
Map of 226 Hotham Street
HIGH EXPOSURE MEDICAL INVESTMENT WITH 68 METRE FRONTAGE
- Excellent tenant with 5 clinics
- Income: $95,481 pa + GST + outgoings
- Medical permit with 4 consulting rooms
Gorman Commercial is pleased to offer for sale 226 Hotham Street, Elsternwick via Expressions of Interest closing on Thursday 11th September at 2pm.
The property presents an excellent opportunity to acquire this high quality medical investment in one of the south-eastern suburbs most bustling and highly sought after precinct.
Key property features:
* Substantial corner landholding of 563 sqm
* Income: $95,481 pa + GST + outgoings (At Sept 2025)
* Leased to well known podiatry tenant, Foot Centre Group with 5 clinics throughout southeastern metropolitan Melbourne
* Highly valuable medical permit with four (4) consulting rooms
* Well presented building with with quality improvements including reception, waiting area and staff amenities
* Six (6) on-site car spaces accessible via Davis Street
* Residential Growth Zoning providing future residential development upside, conversion or subdivision potential
* Located nearby major arterial routes, Glen Huntly Road shopping strip, Classic Cinemas and excellent public transport with Elsternwick train station 350 metres away.
The property presents an excellent opportunity to acquire this high quality medical investment in one of the south-eastern suburbs most bustling and highly sought after precinct.
Key property features:
* Substantial corner landholding of 563 sqm
* Income: $95,481 pa + GST + outgoings (At Sept 2025)
* Leased to well known podiatry tenant, Foot Centre Group with 5 clinics throughout southeastern metropolitan Melbourne
* Highly valuable medical permit with four (4) consulting rooms
* Well presented building with with quality improvements including reception, waiting area and staff amenities
* Six (6) on-site car spaces accessible via Davis Street
* Residential Growth Zoning providing future residential development upside, conversion or subdivision potential
* Located nearby major arterial routes, Glen Huntly Road shopping strip, Classic Cinemas and excellent public transport with Elsternwick train station 350 metres away.
Elsternwick, 3185 demographic data
The median household income for Elsternwick is $2,209, 16% higher than Greater Melbourne's household income of $1,901. Elsternwick has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 47% of property owners in Elsternwick have a mortgage.
10,887
Population
$2,209 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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