FOR SALE
825000

84 Main Road
Hepburn Springs VIC 3461

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Floor area: 200m2
Land area: 1028m2
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Prime Development Opportunity Residential/Commercial

Seize this rare opportunity to own a versatile property in the heart of Hepburn Springs, one of Victoria's most sought-after lifestyle destinations! Located on Main Road, this 1,029m² property offers enormous potential for both residential and commercial use.
Key Features:
• Total land area: 1,029m² with a frontage of 31 m.
• Existing commercial building of approx. 429m² on a highly visible corner location, perfect for a retail or hospitality business.
• Expansive vacant land, with potential to subdivide into two residential blocks (each 400m² approx.).
• Ideal for developers, investors, or those looking to establish a business with residential potential.
• Potential to create a mixed-use site combining residential and commercial elements. 3 phase power.
• Proximity to Hepburn Springs' iconic mineral springs, boutique shops, and vibrant spa culture. solid timber kitchen, easy stroll to General store, Mineral Springs, cafes and restaurants.
Development Potential: The property meets the minimum size requirement for subdivision, allowing for the creation of two residential blocks while maintaining a separate commercial space. Whether you're looking to develop, invest, or occupy, this is a fantastic opportunity in a booming tourism region.
Location: Hepburn Springs, a short drive from Daylesford and under 90 minutes from Melbourne, is renowned for its wellness retreats, natural beauty, and thriving visitor economy. The property is strategically positioned to capitalize on the area's consistent flow of tourists and locals.
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Property Details for 84 Main Rd, Hepburn Springs

84 Main Rd, Hepburn Springs is a 2 bedroom, 1 bathroom Other with 6 parking spaces and was built in 1950. The property has a land size of 1028m2 and floor size of 200m2. The place is currently for sale with Stockdale & Leggo Daylesford.

Building Type
Other
Year Built
1950
Floor Size
200m2
Land Size
1028m2

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About Hepburn Springs 3461

The size of Hepburn Springs is approximately 3.1 square kilometres. It has 3 parks covering nearly 45.2% of total area. The population of Hepburn Springs in 2011 was 240 people. By 2016 the population was 321 showing a population growth of 33.8% in the area during that time. The predominant age group in Hepburn Springs is 50-59 years. Households in Hepburn Springs are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hepburn Springs work in a professional occupation. In 2011, 57.7% of the homes in Hepburn Springs were owner-occupied compared with 68.9% in 2016.

Hepburn Springs has 453 properties. Over the last 5 years, Houses in Hepburn Springs have seen a 37.70% increase in median value, while Units have seen a 35.97% increase. As at 31 October 2024:

  • The median value for Houses in Hepburn Springs is $750,053 while the median value for Units is $579,935.
  • Houses have a median rent of $515 while Units have a median rent of $333.
There are currently 16 properties listed for sale, and 1 property listed for rent in Hepburn springs on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Hepburn springs.

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David Wynack
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Stockdale & Leggo Daylesford
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