FOR SALE
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1-5 Railway Place
Benalla VIC 3672

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1195m2
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Prime Location, Development Opportunity!

Raine & Horne Land Victoria is delighted to present for 1-5 Railway Place Banella VIC 3652 for Sale.
Make use of this large hardstand parcel and prepare for your future development (STCA). This mixed zone parcel offering the space for light commercial business opportunity (STCA)
Key Features:
* Short Walk to the Benalla Train Station.
* 7 Minutes drive to Hume Freeway
* Premium location in Benalla Town
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents Jasvir Gill on 0474 820 666 or Gurpreet Khosa on 0422 947 528
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist: http://
www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 1-5 Railway Pl, Benalla

Building Type
Commercial
Land Size
1195m2

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About Benalla 3672

The size of Benalla is approximately 315.3 square kilometres. It has 32 parks covering nearly 7.6% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016.

Benalla has 7,120 properties. Over the last 5 years, Houses in Benalla have seen a 60.24% increase in median value, while Units have seen a 49.24% increase. As at 30 September 2024:

  • The median value for Houses in Benalla is $422,863 while the median value for Units is $317,523.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 57 properties listed for sale, and 22 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Benalla.

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Jasvir Singh Gill
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Gurpreet Khosa
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Raine & Horne Land Victoria
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