FOR SALE
$195,000

2 Nicholson Street
Orbost VIC 3888

Bedrooms: 1
Bathrooms: 1
Car spaces: 6
Floor area: 317m2
Land area: 1744m2
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HIGH EXPOSURE CORNER SITE

SIGNIFICANT CORNER OFFERING BOASTING A LARGE SITE PROVIDING HIGH EXPOSURE WITH ESTABLISHED SHOWROOM AND WORKSHOPS.
With recent high demand for property in Orbost and several recent sales along the strip, 2 Nicholson Street represents the last available property on offer, and it offers a lot! This is an ideal location for many applications including Development, Retail, Service Businesses, Manufacturing or Storage, the possibilities are endless with a Commercial 1 Zoning (S.T.C.A).
KEY PROPERTY FEATURES:
• Significant Corner Site on the Busy Intersection of Nicholson Street, Marlo Road and Lochiel Street.
• Adjacent to both Orbost Caravan Park & Newly Designed Forest Park
• 1,744 Square Meters of Land (Approximately)
• Dual Street Frontages (Nicholson & Lochiel Streets)
• 30 Square Meters Show Room / Office (approximately)
• 77 Square Meter Lockable Workshop
• 210 Square Meters Undercover Workshop or Storage space (4.7m Clearance)
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Property Details for 2 Nicholson St, Orbost

2 Nicholson St, Orbost is a 1 bedroom, 1 bathroom Other with 6 parking spaces. The property has a land size of 1744m2 and floor size of 317m2. The place is currently for sale with Elders Real Estate Orbost.

Building Type
Other
Floor Size
317m2
Land Size
1744m2

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About Orbost 3888

The size of Orbost is approximately 208.6 square kilometres. It has 9 parks covering nearly 86.4% of total area. The population of Orbost in 2011 was 2,493 people. By 2016 the population was 2,231 showing a population decline of 10.5% in the area during that time. The predominant age group in Orbost is 60-69 years. Households in Orbost are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orbost work in a labourer occupation. In 2011, 69% of the homes in Orbost were owner-occupied compared with 69.9% in 2016.

Orbost has 1,627 properties. Over the last 5 years, Houses in Orbost have seen a 79.89% increase in median value, while Units have seen a 56.69% increase. As at 30 November 2024:

  • The median value for Houses in Orbost is $331,571 while the median value for Units is $294,427.
  • Houses have a median rent of $350.
There are currently 25 properties listed for sale, and no properties listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Orbost.

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Luke Oakley
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Elders Real Estate Orbost
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