FOR SALE
$285,000

64 Whyte Street
Coleraine VIC 3315

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1194m2
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Main Street Commercial Shop with Residence and Shedding

Endless possibilities present with this Commercial shop/showroom and residence.
Fronting the Glenelg Highway (main street of Coleraine) with full exposure to through traffic there is plenty of potential for a range of uses.
The property comprises a large showroom of over 50sqm with an adjacent office, a rear storeroom, and a bathroom with toilet and basin.
Behind the shop is a residence with 3 bedrooms, a sitting room, lounge, kitchen, bathroom, and laundry.
The block is over a quarter acre and has double gate entry to a large secure yard, hard surfaced with gravel and improvements including a 15m x 4m workshop, an open fronted double garage, and even a chook yard with shed.
This property is ideal as a 'work from home' business, however can easily be occupied solely as a substantial sized residence on a big block.
Coleraine is situated on the Glenelg Highway between Melbourne and Adelaide, and boasts a Hospital, aged care facilities, a small supermarket, cafe's, a hardware store, 2 hotels, sporting facilities, and several large businesses.
Attractions within an hour's drive include the Grampians National Park, beaches, waterfalls, and the South Australian border to Mt Gambier and Coonawarra wine region .
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Property Details for 64 Whyte St, Coleraine

64 Whyte St, Coleraine is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1194m2. The place is currently for sale with Elders Real Estate Hamilton.

Building Type
House
Land Size
1194m2

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About Coleraine 3315

The size of Coleraine is approximately 173.5 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Coleraine in 2011 was 1,243 people. By 2016 the population was 1,024 showing a population decline of 17.6% in the area during that time. The predominant age group in Coleraine is 60-69 years. Households in Coleraine are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Coleraine work in a managers occupation. In 2011, 76.7% of the homes in Coleraine were owner-occupied compared with 77.5% in 2016.

Coleraine has 828 properties. Over the last 5 years, Houses in Coleraine have seen a 102.25% increase in median value. As at 31 July 2024:

  • The median value for Houses in Coleraine is $220,177 while the median value for Units is $267,835.
  • Houses have a median rent of $215.
There are currently 8 properties listed for sale, and no properties listed for rent in Coleraine on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Coleraine.

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Dion Mcfarlane
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Elders Real Estate Hamilton
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