FOR SALE
Auction 18th of December @12pm unless sold prior

5 Rerock Drive
Delacombe VIC 3356

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 1620m2
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GOLDEN OPPORTUNITY FOR INVESTOR OR OWNER OPERATOR

Ballarat Real Estate is pleased to offer for Auction 5 Rerock Drive, Delacombe. Comprising of 1,620m² approx of total land area, this property features a large factory/shed with high clearance roller door, 4 offices, toilets with shower and change room, staff lunchroom, meeting room, mezzanine self-contained studio with ensuite. Externally the property features double electric gates with side gate entrances ideal for large vehicle access. The property is located close to Latrobe Street trade retail precinct and delacombe town centre amongst a number of large well know business. Currently running as a garden nursery this great property will be offered with vacant possession.
- Total land area of 1,618m2 approx
- Large shed/factory 400m2 approx
- Possible rental return of $100,000 pa approx
- High-clearance roller door
- Self-contained studio on mezzanine level
- Multiple offices, meeting room and bathrooms
- CCTV Security
- large storage water tanks
For Sale: $950,000 - $995,000 + GST
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Property Details for 5 Rerock Dr, Delacombe

Building Type
Commercial
Floor Size
400m2
Land Size
1620m2

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About Delacombe 3356

The size of Delacombe is approximately 5.4 square kilometres. It has 11 parks covering nearly 3.6% of total area. The population of Delacombe in 2011 was 4,932 people. By 2016 the population was 6,309 showing a population growth of 27.9% in the area during that time. The predominant age group in Delacombe is 20-29 years. Households in Delacombe are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Delacombe work in a trades occupation. In 2011, 72.5% of the homes in Delacombe were owner-occupied compared with 71.5% in 2016.

Delacombe has 3,445 properties. Over the last 5 years, Houses in Delacombe have seen a 29.40% increase in median value, while Units have seen a 25.83% increase. As at 30 November 2024:

  • The median value for Houses in Delacombe is $528,755 while the median value for Units is $341,192.
  • Houses have a median rent of $443 while Units have a median rent of $280.
There are currently 32 properties listed for sale, and 6 properties listed for rent in Delacombe on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Delacombe.

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