FOR SALE
$1,195,000

1 Main South Road
Drouin VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1493m2
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A once in a lifetime opportunity to own a landmark building

Medical Centre Plans for this Building on a 1493m2 landmark building site.
The iconic Old Butter Factory is set right in the middle of the township close by to public transport and the main shopping strip of Drouin, next to the Royal Hotel. The current Old Butter Factory building has an approximate total floor area 950m2.
Currently divided into 3 separate office/storage areas at the front of the building with plans for 2 factory areas at the rear.
Plans available to utilise this building by doing a renovation to create a unique masterpiece.
Also haveing a Planning Permit approved to build 2 Medical Suites with the total floor areas for Suite 1 of 134m2 & Suite 2 of 253m2 and parking available to accommodate around 25 vehicles.
Should a medical centre not be of interest to you the possibilities are endless STCA.
Don't miss out on this opportunity. Call today.
Disclaimer-we have obtained all information in this document from sources we believe to be reliable; however-we cannot guarantee its accuracy. Prospective purchasers / leasees are advised to carry out their own investigations
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Property Details for 1 Main South Rd, Drouin

Building Type
Commercial
Land Size
1493m2

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About Drouin 3818

The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4% of total area. The population of Drouin in 2011 was 9,685 people. By 2016 the population was 12,348 showing a population growth of 27.5% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation. In 2011, 72.9% of the homes in Drouin were owner-occupied compared with 71.7% in 2016.

Drouin has 9,250 properties. Over the last 5 years, Houses in Drouin have seen a 47.14% increase in median value, while Units have seen a 33.29% increase. As at 30 September 2024:

  • The median value for Houses in Drouin is $655,632 while the median value for Units is $424,561.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 167 properties listed for sale, and 17 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 462 properties were sold in the past 12 months in Drouin.

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Karen McCormick
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KAREN MCCORMICK REAL ESTATE
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