For Sale
AUCTION
365 North Road, Caulfield South, VIC 3162
- Retail
Last updated: 7th May 2026
Listing ID: 99374
- 183.0m2 Floor area
Prime Caulfield Investment – Strong Income
An outstanding opportunity to acquire a secure, income-producing freehold in the tightly held Caulfield South precinct.
Leased to Addi's Grill, an established and operating hospitality business, this asset delivers immediate rental income with the benefit of long-term tenancy.
Strategically located on busy North Road, the asset benefits from high daily traffic exposure, strong surrounding residential and transport amenities. This combination continues to drive demand from investors seeking well-located freehold investments.
With limited supply of main road freeholds in Caulfield South and ongoing population growth in Melbourne's south-east, the property represents a compelling acquisition for investors seeking reliable cash flow.
Investment Highlights:
- Securely leased to established restaurant (Addis Grill)
- Rental income: $33,943per annum, inc GST
- High-exposure arterial road location
- Proven tenant with ongoing trade
- Strong local catchment
* Contract, Vendors Statement and Information Memorandum available upon demand.
WalkScore®
This property is somewhat walkable with some errands that can be accomplished on foot. If you are up for a little walk you can explore the local lunch and coffee options nearby. There is good transit available from here with many nearby public transportation options.
- 90-100
- Walker's Paradise
- Daily errands do not require a car
- 70-89
- Very Walkable
- Most errands can be accomplished on foot
- 50-69
- Somewhat Walkable
- Some errands can be accomplished on foot
- 25-49
- Car Dependent
- Most errands require a car
- 0-24
- Car Dependent
- Almost all errands require a car
- 90-100
- Rider's Paradise
- World-class public transportation
- 70-89
- Excellent Transit
- Transit is convenient for most trips
- 50-69
- Good Transit
- Many nearby public transportation options
- 25-49
- Some Transit
- A few nearby public transportation options
- 0-24
- Minimal Transit
- It is possible to get on a bus