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Investment Highlights

  • Prime position along the thriving Union Road retail strip.
  • Flexible Commercial 1 Zoning accommodating retail, office, or consulting use.
  • Excellent natural northern light delivers a bright, productive setting.
  • Short walking distance to Union Station and connections to major arterials.

Executive Summary

This freehold property along Surrey Hills’ highly sought-after Union Road retail strip offers an exceptional opportunity for owner-occupiers or investors seeking a valuable long-term holding. Featuring abundant northern natural light, the premises provides a bright and uplifting environment, well-suited for retail, office, or consulting uses.
The property occupies an irreplaceable position within Surrey Hills Village, surrounded by boutique retailers, cafes, and essential services, ensuring consistent local foot traffic and a loyal residential base. Its Commercial 1 Zoning supports flexible usage options, while rear access via Zeplins Lane, direct street frontage, and onsite amenities make daily operations seamless.
Connectivity is a major advantage, with Union Railway Station a short walk away and easy access to Maroondah Highway and Canterbury Road. This accessibility enhances convenience for staff and visitors and strengthens long-term value retention. With limited freehold availability in this established precinct, this asset represents a rare opportunity to secure a property in one of Melbourne’s most enduring community-oriented settings.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,076 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
0.04 AC
Frontage
15’ on Union Road

Amenities

  • Signage
  • Air Conditioning
  • Listing ID: 40341586

  • Date on Market: 4/30/2026

  • Last Updated:

  • Address: 151 Union Rd, Surrey Hills, VIC 3127

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