FOR SALE
$550,000 - $605,000

21 Yarima Road
Cressy VIC 3322

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 520m2
Land area: 6459m2
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Historic & Distinctive Conversion Opportunity- Former Cressy Primary School

Situated on approximately 6438M2 (1.59 Acre) Township Zoned allotment, the sale of the former Cressy Primary School offers a superb conversion opportunity with an array of potential usages. The historic main school building was built in 1912 which accommodated two large classrooms and a headmasters office, later additions in 1960 and 1967 added a further three classrooms, library staff room/facilities sickbay and store. Outside there is an array of useful outbuildings including the school's former art room (concrete floor & water connected), 14M x 6M storage shed and numerous shelter and equipment sheds and the school's original toilet block. Conveniently located and growing in popularity, the township of Cressy is less than an hour's drive to Geelong and Ballarat and only 30 minutes' drive to Colac.

Property Details for 21 Yarima Rd, Cressy

Building Type
Commercial
Floor Size
520m2
Land Size
6459m2

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About Cressy 3322

The size of Cressy is approximately 115.8 square kilometres. The population of Cressy in 2011 was 433 people. By 2016 the population was 172 showing a population decline of 60.3% in the area during that time. The predominant age group in Cressy is 70-79 years. Households in Cressy are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Cressy work in a managers occupation. In 2011, 85.4% of the homes in Cressy were owner-occupied compared with 77.6% in 2016..

Cressy has 239 properties. Over the last 5 years, Houses in Cressy have seen a 70.35% increase in median value. As at 31 July 2024:

  • The median value for Houses in Cressy is $393,967.
There are currently 3 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Cressy.

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