FOR SALE
$1,650,000 - $1,750,000

83 Princes Highway
Yarragon VIC 3823

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 688m2
Land area: 725m2
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Commercial Freehold Building - 3 Income Streams- with Leaseback Option

Prime Investment Opportunity with Leaseback Option in Yarragon
This modern commercial building, constructed in 2018, presents a unique investment opportunity in the heart of Yarragon Township. With the owners offering to lease back all three spaces for 12 months, this is an ideal option for investors seeking immediate rental income.
Key Features:
Residential Space Upstairs (325m²):
A luxurious 3-bedroom, 2.5-bathroom apartment, featuring:
Master Suite with a spa ensuite, walk-in shower, and double vanity.
Modern Kitchen equipped with Smeg appliances, stone benchtops, and custom cabinetry.
Multiple Living Areas including a gas log fireplace and office nook.
Outdoor Balcony with ample space for relaxation and entertainment.
Versatile Commercial Space (Ground Floor):
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Property Details for 83 Princes Hwy, Yarragon

Building Type
Commercial
Floor Size
688m2
Land Size
725m2

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About Yarragon 3823

The size of Yarragon is approximately 68 square kilometres. The population of Yarragon in 2011 was 1,525 people. By 2016 the population was 1,667 showing a population growth of 9.3% in the area during that time. The predominant age group in Yarragon is 50-59 years. Households in Yarragon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarragon work in a trades occupation. In 2011, 81.8% of the homes in Yarragon were owner-occupied compared with 78.8% in 2016.

Yarragon has 1,165 properties. Over the last 5 years, Houses in Yarragon have seen a 38.27% increase in median value, while Units have seen a 33.32% increase. As at 30 November 2024:

  • The median value for Houses in Yarragon is $593,925 while the median value for Units is $417,448.
  • Houses have a median rent of $470.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Yarragon on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Yarragon.

Suburb Insights for Yarragon 3823

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Jackie Shearer
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Ray White Yarragon
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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.