FOR SALE
$60,000

8 Hopkins Road
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 372m2
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Hopkins River Milk Bar - Prime Location In East Warrnambool

For sale for the first time in 12 years is this wonderful business opportunity in an exceptional well-established located in a vibrant sort after busy hot spot area of Warrnambool.
This well-established Milk Bar eatery business not only boasts a prime location, however it also offers ample parking at the front, making it convenient for customers.
Top main road location in busy area within densely populated residential neighbourhoods and Lyndoch Residential Facilities.
• Assignable long secure lease w/ excellent rental terms
• Offered up for sale for the first time in 12 years!
• Operating 7 days
• Fully equipped store with excellent fixtures, fittings and equipment
• Full commercial Kitchen
• Nearby schools, river,ocean, gateway to the Whale Platform and new subdivisions.
•Suit first timers, husband & wife team or someone that's looking for a new career that loves to service and
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Property Details for 8 Hopkins Rd, Warrnambool

Building Type
Commercial
Floor Size
372m2

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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.

Warrnambool has 19,148 properties. Over the last 5 years, Houses in Warrnambool have seen a 73.36% increase in median value, while Units have seen a 39.28% increase. As at 31 August 2024:

  • The median value for Houses in Warrnambool is $629,106 while the median value for Units is $372,206.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 194 properties listed for sale, and 28 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 664 properties were sold in the past 12 months in Warrnambool.

Suburb Insights for Warrnambool 3280

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Gary Attrill
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Falk & Co Estate Agents
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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.