FOR SALE
$699,000 (Going Concern)

20 Rutherglen Road
Newborough VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 290m2
Land area: 755m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Stellar Investment Opportunity!

Harcourts Warragul are delighted to present 18-20 Rutherglen Rd Newborough For Sale.
A unique opportunity to purchase a fully tenanted dual income investment with a commercial premises at the front and a residence at the rear, providing the best of both worlds for the discerning investor. Located within the tightly held Rutherglen Rd retail precinct and positioned on 755sqm* of mixed use land, the key highlights include:
COMMERCIAL TENANCY
- Total floor area 157sqm*
- Excellent street appeal
- Two entrances
- Bifold windows along the front
- Three toilets (two on main level and one upstairs)
- Previously used as a café, and with commercial kitchen still in place
- Upstairs mezzanine and office
See More

Property Details for 20 Rutherglen Rd, Newborough

Building Type
Commercial
Floor Size
290m2
Land Size
755m2

Commute Calculator

About Newborough 3825

The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016.

Newborough has 3,945 properties. Over the last 5 years, Houses in Newborough have seen a 68.07% increase in median value, while Units have seen a 60.64% increase. As at 31 October 2024:

  • The median value for Houses in Newborough is $390,306 while the median value for Units is $277,884.
  • Houses have a median rent of $400 while Units have a median rent of $250.
There are currently 31 properties listed for sale, and 3 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

Market Insights
Newborough Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newborough Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Marino Perioris
Show contact details
Harcourts Warragul
Preferred contact:
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.