FOR SALE
Range $360,000 - $390,000

128 High Street
Avoca VIC 3467

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 164m2
Land area: 532m2
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Prime Pyrenees Investment Opportunity

Introducing a Prime Commercial Investment Opportunity in Avoca, the Heart of the Pyrenees.
This exceptional property is a lucrative investment nestled in the heart of the enchanting Pyrenees winery region. Boasting a versatile layout & well positioned with two street frontages, both Rutherford Street and High Street, it comprises two stylish retail shops with Govt tenant and a cozy residence with a long term renter, offering a unique blend of investment categories for security and peace of mind.
Some of the many property Highlights include: 2 well-appointed Retail Shops: Positioned prominently along Main Street (the Sunraysia Highway), these charming retail spaces offer maximum exposure to the busy tourist passing traffic.
Picturesque Residence: Accessed from Rutherford Street you can enjoy the convenience of living on-site or generate additional rental income from the residence. It's the perfect place to call home or provide a comfortable dwelling for a tenant.
Landscaped Main Street Frontage: Stroll along the very wide pavement, underneath the large verandahs and immerse yourself in the history & beauty of the landscaped Main Street with it's period architecture. The local Council has created a very inviting and captivating atmosphere for customers and visitors alike.
Center Medium with Amenities: The property is strategically located within proximity to a charming center medium complete with a playground, historic monuments, car parking, public amenities and a Petanque rink. This ensures that both customers and tenants have access to a pleasant and well-equipped environment.
Ample Customer Parking: Convenience is key. With ample customer parking, your visitors won't have to worry about finding a spot, making their experience all the more enjoyable.
Popular Tourist Destination: Avoca is a beloved tourist town, known for its vibrant atmosphere, gourmet foods outlets, cafes, bakeries, hotels, local wineries and a welcoming community. The property's prime location in this thriving hub ensures a steady stream of visitors, making it an attractive investment opportunity.
Government Funded Tenant: Enjoy peace of mind with a government-funded tenant, providing you with a secure and reliable source of rental income.
Multiple Tenants to Reduced Risk: The property is currently occupied by multiple tenants, diversifying your income streams and reducing investment risk.
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Property Details for 128 High St, Avoca

Building Type
Commercial
Floor Size
164m2
Land Size
532m2

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About Avoca 3467

The size of Avoca is approximately 102.5 square kilometres. It has 3 parks covering nearly 17.8% of total area. The population of Avoca in 2011 was 1,263 people. By 2016 the population was 1,172 showing a population decline of 7.2% in the area during that time. The predominant age group in Avoca is 60-69 years. Households in Avoca are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Avoca work in a managers occupation. In 2011, 74% of the homes in Avoca were owner-occupied compared with 77.2% in 2016.

Avoca has 923 properties. Over the last 5 years, Houses in Avoca have seen a 67.82% increase in median value, while Units have seen a -14.48% decrease. As at 31 October 2024:

  • The median value for Houses in Avoca is $355,276 while the median value for Units is $303,153.
  • Houses have a median rent of $330.
There are currently 31 properties listed for sale, and 2 properties listed for rent in Avoca on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Avoca.

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Fiona Mcdonald
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