FOR SALE
$890,000 - $970,000

27 Mcbride Street
Cockatoo VIC 3781

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 611m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

This is a Rare Opportunity Not To Be Missed! Home & Business (STCA) Available!

What a fantastic opportunity awaiting the astute investor. This property spans 3 titles. The modern and stylish 2 bedroom apartment on the top floor, whilst encompassing shop space currently utilised by the ‘Black Cockatoo Pizza café’ & the ‘Black Cockatoo Bar & Bistro’ on the ground floor. The apartment is conveniently located on ground level on the Belgrave Gembrook Road, while the bar and pizza cafe are on street level on McBride Street. There is stair access to the apartment via the 8 space car park, and the carpark doubles as a beer garden. There are also 2 decks which provide a relaxed outdoor eating area.
A long verandah at the front of the apartment is great to enjoy the balmy evenings or to provide an outdoor area for your four legged friends. Inside the home has a spacious open plan kitchen/living/dining area with a split system air conditioner. The kitchen has stainless steel appliances including a dishwasher, induction hot plates and wall oven. There is a European laundry/pantry with tons of pantry space. The newly renovated bathroom, with a shower, toilet and storage cupboard is modern and clean.
Both bedrooms are a good size and offer built in wardrobes, large windows make them light and bright. There is also off street parking at the rear of the apartment as well as a single lock up garage and workshop.
There are so many possibilities, with potential earnings of around $1000 per week, You could reside in the unit and rent out the shop space, rent the shop and unit together, live in the unit & run your own shop (STCA), or run your own shop (STCA) and rent out the unit!
Close to shopping and public transport and located in the main street of Cockatoo, this is a fantastic opportunity.
Please note the advertised sale price is for the property and car park only.
The businesses is for sale separately, please see the below details.
The Black Cockatoo Pizza is a long established business which has been the hallmark of the main street for over 30 Years.
The Bar was opened only 12 months ago and is already becoming the place to come and enjoy good food and drink. With a solid base of loyal customers, the business has been operating 6 days a week for 3 to 4 hours per day.
The current owners are ready to retire and would like to hand it to someone with the energy to take it to the next level. This could be a fantastic destination venue for car clubs etc with the right management.
See MoreView Statement of Information

Property Details for 27 Mcbride St, Cockatoo

27 Mcbride St, Cockatoo is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 611m2. The place is currently for sale with Bell Real Estate (Emerald).

Building Type
Unit
Land Size
611m2

Commute Calculator

About Cockatoo 3781

The size of Cockatoo is approximately 28.2 square kilometres. It has 8 parks covering nearly 7.6% of total area. The population of Cockatoo in 2011 was 4,400 people. By 2016 the population was 4,248 showing a population decline of 3.5% in the area during that time. The predominant age group in Cockatoo is 40-49 years. Households in Cockatoo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cockatoo work in a trades occupation. In 2011, 86.5% of the homes in Cockatoo were owner-occupied compared with 85.5% in 2016.

Cockatoo has 1,815 properties. Over the last 5 years, Houses in Cockatoo have seen a 29.69% increase in median value, while Units have seen a 12.34% increase. As at 30 November 2024:

  • The median value for Houses in Cockatoo is $863,035 while the median value for Units is $555,026.
  • Houses have a median rent of $560.
There are currently 26 properties listed for sale, and no properties listed for rent in Cockatoo on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Cockatoo.

Cockatoo Profile Page

Suburb Insights for Cockatoo 3781

Visit Cockatoo profile page
Market Insights
Cockatoo Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Cockatoo Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Cockatoo profile page
Contact agent
Aaron Day
Show contact details
Call agent
Brennan Mileto
Show contact details
Call agent
Bell Real Estate (Emerald)
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED