FOR SALE
$125,000 plus GST

Shop 16 -18 Oke Street
Ouyen VIC 3490

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 437m2
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"Good as New" Community Opportunity Shop

This double commercial building presents a fantastic opportunity for savvy investors looking to acquire two shops in the bustling heart of Ouyen's main shopping precinct. The current tenants have occupied the spaces for approximately 10 years, paying $12,480 per annum, offering a fabulous return on investment. Both shops are in excellent condition, sure to attract a lot of interest. Don't miss out on this prime investment opportunity.
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Property Details for Shop 16 -18 Oke St, Ouyen

Shop 16 -18 Oke St, Ouyen is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 437m2. The place is currently for sale with PRD Real Estate Mildura.

Building Type
House
Land Size
437m2

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About Ouyen 3490

The size of Ouyen is approximately 1,533.4 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Ouyen in 2011 was 1,082 people. By 2016 the population was 1,195 showing a population growth of 10.4% in the area during that time. The predominant age group in Ouyen is 60-69 years. Households in Ouyen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ouyen work in a managers occupation. In 2011, 73.8% of the homes in Ouyen were owner-occupied compared with 75.4% in 2016.

Ouyen has 917 properties. Over the last 5 years, Houses in Ouyen have seen a 118.22% increase in median value, while Units have seen a 32.78% increase. As at 30 November 2024:

  • The median value for Houses in Ouyen is $204,686 while the median value for Units is $353,890.
  • Houses have a median rent of $320.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Ouyen on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Ouyen.

Suburb Insights for Ouyen 3490

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Ian Miers
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PRD Real Estate Mildura
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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.