FOR SALE
EOI: $4,500,000 - $4,950,000

466 Ironbark Road
Yarrambat VIC 3091

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 180m2
Land area: 10020m2
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Local Landmark with Approved Potential

Expression of interest ending Fri, 8 Nov at 5:30pm
In the heart of town, the former Yarrambat Store and adjoining homestead occupy 10,000sqm of land (approx) offering terrific potential to renovate and revive along with an approved planning permit in place to utilize part of the block to build a brand-new medical centre.
Accompanying plans highlight a purpose-designed single-level medical practice comprising 4 consulting rooms, staff room, storeroom and dispensary, along with a sizeable reception/waiting area, 2 toilets and provision for 16 parking spaces.
Recognised for its Victorian era charm, this home features 4 generous bedrooms and neat central bathroom, along with a 1990s extension incorporating a spacious open living/dining area and adjoining kitchen.
Part of this vibrant community for many decades, the shopfront itself retains its commercial-grade food preparation facilities providing outstanding options to possibly reinvent as a cafe, retail store, studio or convert to residential accommodation (STCA).
Leafy views in virtually every direction, this remarkable property is also complemented by its unique natural surroundings and country atmosphere while retaining close proximity to every suburban convenience of Melbourne's north-east.
Tancks Corner cafe across the road, it's also walking distance to Yarrambat Primary School and the bus stop on Yan Yean Road, as well as easy access to major shopping centres, a range of secondary schools, South Morang Station and the Ring Road.
All information about this property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property Details for 466 Ironbark Rd, Yarrambat

Building Type
Commercial
Floor Size
180m2
Land Size
10020m2

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About Yarrambat 3091

The size of Yarrambat is approximately 15.4 square kilometres. It has 6 parks covering nearly 19.5% of total area. The population of Yarrambat in 2011 was 1,511 people. By 2016 the population was 1,557 showing a population growth of 3.0% in the area during that time. The predominant age group in Yarrambat is 50-59 years. Households in Yarrambat are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Yarrambat work in a trades occupation. In 2011, 92.7% of the homes in Yarrambat were owner-occupied compared with 89.8% in 2016.

Yarrambat has 609 properties. Over the last 5 years, Houses in Yarrambat have seen a 57.70% increase in median value. As at 30 September 2024:

  • The median value for Houses in Yarrambat is $2,134,616 while the median value for Units is $831,722.
  • Houses have a median rent of $425.
There are currently 10 properties listed for sale, and no properties listed for rent in Yarrambat on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Yarrambat.

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Ricardo Rodrigues
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Ray White Pascoe Vale
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