FOR SALE
$365,000

10-12 Centre Way
Newlands Arm VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 372m2
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UNIQUE COMMERCIAL FREEHOLD OPPORTUNITY

Seize the chance to own the only shop in the picturesque village of Newlands Arm, nestled along the stunning Gippsland Lakes. This is an exciting opportunity for entrepreneurs and investors alike. The versatile space is perfect for a variety of business types—whether you envision a caf&aecute;, general store, boutique, hairdresser, or any other venture, this location is ideal. Additionally, the property includes extra land, providing ample room for future growth or additional business ventures. There is also a list of plant and equipment relating to the previous caf&aecute; included in the sale.
Why choose Newlands Arm? Surrounded by the tranquil waters of the Gippsland Lakes, it is a popular spot for both locals and tourists, by owning the only shop in the area, you will become a cornerstone of the community.
Don’t miss out on this unique investment opportunity. Contact us today to arrange a viewing and take the first step toward your new business venture in the heart of Gippsland Lakes.

Property Details for 10-12 Centre Way, Newlands Arm

Building Type
Commercial
Floor Size
100m2
Land Size
372m2

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About Newlands Arm 3875

The size of Newlands Arm is approximately 4.2 square kilometres. The population of Newlands Arm in 2011 was 502 people. By 2016 the population was 729 showing a population growth of 45.2% in the area during that time. The predominant age group in Newlands Arm is 60-69 years. Households in Newlands Arm are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newlands Arm work in a trades occupation. In 2011, 89.7% of the homes in Newlands Arm were owner-occupied compared with 90.2% in 2016.

Newlands Arm has 583 properties. Over the last 5 years, Houses in Newlands Arm have seen a 57.37% increase in median value. As at 31 July 2024:

  • The median value for Houses in Newlands Arm is $668,023 while the median value for Units is $456,690.
  • Houses have a median rent of $480.
There are currently 15 properties listed for sale, and no properties listed for rent in Newlands arm on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Newlands arm.

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Carly Hine
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Steve Holmes
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LJ Hooker Bairnsdale
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