FOR SALE
670000

3-9 Bair Street
Leongatha VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 308m2
Land area: 761m2
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PRIME COMMERCIAL OPPORTUNITY

First time offered in 30 years is this historic commercial building in the hub of the thriving Leongatha township. Consisting of titles being offered For Sale as a whole. The property has strong rental history and is located in a High profile location.
Features include:-
• 3 titles
• Rear access
• Vacant areas providing opportunity for rental growth
• Current rent $33,000
• Leongatha: capital township of South Gippsland, rich dairy region, circa 15,000 trade catchment

Property Details for 3-9 Bair St, Leongatha

Building Type
Commercial
Floor Size
308m2
Land Size
761m2

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About Leongatha 3953

The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2011 was 5,332 people. By 2016 the population was 5,640 showing a population growth of 5.8% in the area during that time. The predominant age group in Leongatha is 0-9 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Leongatha work in a trades occupation. In 2011, 71.1% of the homes in Leongatha were owner-occupied compared with 71.3% in 2016.

Leongatha has 3,817 properties. Over the last 5 years, Houses in Leongatha have seen a 58.68% increase in median value, while Units have seen a 67.96% increase. As at 31 October 2024:

  • The median value for Houses in Leongatha is $580,746 while the median value for Units is $435,284.
  • Houses have a median rent of $435 while Units have a median rent of $330.
There are currently 96 properties listed for sale, and 14 properties listed for rent in Leongatha on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Leongatha.

Suburb Insights for Leongatha 3953

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Michael Hanily
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Ray White Leongatha Sales Team
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Ray White Leongatha
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.