FOR SALE
$1,200,000 - $1,320,000

2874 Warburton Highway
Wesburn VIC 3799

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 887m2
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UNIQUE YARRA VALLEY INVESTMENT

First time publicly offered in nearly 20 years! Discover a rare gem with unparalleled potential! Just 650 metres from the new Wesburn Park Trail Head, a gateway to the Warburton Mountain Bike Destination, this exceptional Commercially Zoned (Township Zone TZ) property is truly one-of-a-kind.
Currently, this property offers a steady income stream from four secure tenancies, three commercial and a residential tenant, including popular local favorites like Flying Apron Patisserie, Fill Good Foods, and a charming beauty parlour. Additionally, it features a beautifully preserved private residence with high ceilings, ornate cornices, and a spacious open-plan living area. Enjoy a country-style kitchen with an island bench and stunning views of your cottage garden and mountain backdrop. The residence is complemented by ducted heating, evaporative cooling, cosy wood fire, and easy access from the double carport, all within a secure, gated picket fence.
Previously known as "The Postmasters Cottage," this property offers fantastic flexibility. You can continue renting it out, move in and let your tenants help pay off the mortgage, relaunch it as a bed and breakfast, or explore other commercial ventures such as a bike shop or rental service.
Exciting possibilities await with existing plans and permits for expansion. The approved permit includes:
A new 58 square metre commercial space with Warburton Highway frontage, featuring high ceilings, a recycled brick wall, and prominent display windows.
A second-story residential space that can enhance the existing home or serve as a separate residence or holiday letting.
Whether you choose to develop both components simultaneously or in stages, this property offers a multitude of incredible opportunities. Consult with your building surveyor to explore the full potential of this extraordinary offering.
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Property Details for 2874 Warburton Hwy, Wesburn

2874 Warburton Hwy, Wesburn is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 887m2. The place is currently for sale with Barry Plant (Lilydale).

Building Type
House
Land Size
887m2

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About Wesburn 3799

The size of Wesburn is approximately 40.9 square kilometres. It has 7 parks covering nearly 65.1% of total area. The population of Wesburn in 2011 was 1,178 people. By 2016 the population was 1,007 showing a population decline of 14.5% in the area during that time. The predominant age group in Wesburn is 10-19 years. Households in Wesburn are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wesburn work in a trades occupation. In 2011, 83.2% of the homes in Wesburn were owner-occupied compared with 83.9% in 2016.

Wesburn has 472 properties. Over the last 5 years, Houses in Wesburn have seen a 36.18% increase in median value, while Units have seen a 51.76% increase. As at 30 September 2024:

  • The median value for Houses in Wesburn is $799,773 while the median value for Units is $669,215.
  • Houses have a median rent of $330.
There are currently 3 properties listed for sale, and no properties listed for rent in Wesburn on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Wesburn.

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Leah Bannerman
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Ashley Hutson
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Barry Plant (Lilydale)
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