429 Monbulk Road

Monbulk VIC 3793

3791 m²

House

Last sold for $1,085,000

Brad Conder, last sold this property on 19 September 2025 after 319 days on market.

Overview

Versatile Business Opportunity! Nursery, Retail & Home

CONTACT AGENT TO INSPECT. Section 32 now available. Your vision can be realized here all you need to do is bring your expertise! This premier freehold property is a flat 3791 m2 (approx) block with dual road access in the ideal main road location for your next business venture, offering refurbished Igloos with tables and renewed watering and cooling systems, office, retail area, large storage room with tool lockup, onsite car parking and customer toilets. The main residence once used as Tea Rooms could be bought back to life as a café or alike (STCA) or leave as a residence comprising 2 bedrooms, 2 toilets, renovated ensuite and a spacious central main living area with large coonara and polished floors, plus a beautiful separate timber bungalow that can double as the third bedroom or retail office all with reverse cycle cooling. Other features include large outdoor entertaining area, extensive plumbing to harvest all roof water for irrigation with over 60,000 liters of water storage, 3 Phase power, wiring for external generator power and around 15.kw solar system, the potential here is unlimited with a great opportunity to expand or upgrade current operations in a prime location with good traffic, close to shops and public transport. Fully set up and ready to go right now. Freehold sale only Business not included. Please note: All information provided has been obtained from sources believed to be accurate, however, we cannot guarantee the information is accurate. Interested parties should make their own enquiries & obtain their own legal advice. We accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans, size, building age or condition).

Features

3 bedrooms

1 bathroom

10 carspaces

10 open car spaces

3791 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Monbulk over the last 12 months, the estimated median property value of 429 Monbulk Road is $806k.

Median value

$806k

Estimated value range

$660k - $1.25m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Monbulk. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.