600 Balcombe Road, Black Rock, VIC, 3193

Stonebridge Property Group is pleased to present for sale 600 Balcombe Road, Black Rock.

Key Highlights of the Opportunity Include:

– 100% leased to a longstanding tenant, returning $42,000 p.a. + GST + outgoings* on a recently renewed 3-year net lease with 3% annual increases and options extending to 2035

– Comprising a 193 sqm* mixed-use building featuring a well-located Balcombe Road retail shop and separate 3-bedroom residence accessed via the rear laneway, with the benefit of 2 on-site car parks

– Substantial 279 sqm* Commercial 1 Zoned landholding, providing flexibility for future mixed-use development potential (STCA)

– Vacant 3-bedroom residential component providing immediate occupation, refurbishment or leasing potential, with a potential annual income of $44,321 + GST*

– Fully leased annual income expected to be in the vicinity of $86,321 + GST**

– Prime position within Black Rock Village, surrounded by an established mix of cafés, restaurants, independent retailers, public car parking and essential services, including Woolworths and Australia Post

– Located within one of Melbourne’s most affluent bayside suburbs, where the $2.35 million median house price sits 194% above the Melbourne median^*

– Strong local demographic, with a median weekly household income of $2,416—37% above the Victorian median

– Supported by an established residential catchment of 6,389 residents, 1,872 families and 2,769 private dwellings

– 80% of occupied homes in Black Rock are owned outright or with a mortgage, highlighting the suburb’s established owner-occupier profile and tightly held residential catchment

600 Balcombe Road, Black Rock is for sale via Public On-site Auction Friday 16 October 2026 at 12:30pm (AEDT).

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

Stonebridge’s Strip Retail Investments team is a market leader, with over 30 years of combined experience specialising in the divestment of metropolitan Melbourne strip retail assets.

Nic Hage

0448 782 594

Rorey James

0439 400 081

Ian Lam

0485 693 699

(WeChat ID: Ianlam2001)

**Fully Leased Basis

*Approximately

Our Ref: Strip Retail

Our ID: a0TOd00000o3pXcMAI

Property Code: 1837

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