FOR SALE
$874,000 - $961,000

676-678 Koorlong Avenue
Irymple VIC 3498

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 222m2
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Prime location to invest!

676-678 Koorlong Avenue, Irymple presents an unparalleled chance to invest in prime commercial real estate. Comprising two meticulously maintained commercial shops, this property is strategically positioned in a high-traffic area, ensuring maximum visibility and business potential. Positioned along bustling Koorlong Avenue, these shops benefit from exceptional exposure to both vehicular and pedestrian traffic, making them ideal for a variety of businesses.
Each shop offers adaptable floor plans, catering to various business ventures such as retail, professional services, or food establishments. With modern amenities and flexible layouts, tenants can customize their space to suit their specific needs. With Irymple's burgeoning commercial market and steady population growth, investing in these shops presents a lucrative opportunity for investors seeking attractive rental yields and long-term capital appreciation. Both shops are currently leased to great tenants.
Don't miss out on this exceptional opportunity to secure your foothold in Irymple's thriving commercial landscape. Whether you're looking to expand your investment portfolio or establish a successful business venture, 676-678 Koorlong Avenue offers the perfect platform for success.
Contact us today to learn more about this prime commercial property and take the first step towards realizing your investment goals.
Further information & financials available upon request. Also available: 2123-2125 Fifteenth Street, Irymple.
https://raywhitemildura.com.au/properties/commercial-for-sale/vic/irymple-3498/retail/3046555
*Please note: The businesses of Chosen Barbers and Malle Antiques & Collectables are not For Sale and continue normal trading.
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Property Details for 676-678 Koorlong Ave, Irymple

Building Type
Commercial
Floor Size
222m2

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About Irymple 3498

The size of Irymple is approximately 64.6 square kilometres. It has 15 parks covering nearly 19.9% of total area. The population of Irymple in 2011 was 5,015 people. By 2016 the population was 5,322 showing a population growth of 6.1% in the area during that time. The predominant age group in Irymple is 10-19 years. Households in Irymple are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Irymple work in a trades occupation. In 2011, 79.5% of the homes in Irymple were owner-occupied compared with 79.5% in 2016.

Irymple has 3,269 properties. Over the last 5 years, Houses in Irymple have seen a 56.69% increase in median value, while Units have seen a 66.83% increase. As at 30 September 2024:

  • The median value for Houses in Irymple is $594,213 while the median value for Units is $292,072.
  • Houses have a median rent of $490 while Units have a median rent of $330.
There are currently 61 properties listed for sale, and 3 properties listed for rent in Irymple on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Irymple.

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