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37A Belmore Street
Yarrawonga VIC 3730

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 362m2
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Restaurant Space at Lake Mulwala end of Yarrawonga

Situated in a prime location with excellent visibility to foot traffic day and night, this commercial property is ideal for investors or owner-occupiers. Recently renovated for use as a fast-food outlet, the space now includes a commercial kitchen with a grease trap, restroom facilities, office space, and full heating and cooling. The thoughtfully updated shop blends natural light exposed original brick arches, and high ceilings, creating a sense of openness and grandeur.
The upper level features a newly updated, four-bedroom residence with a northeast-facing balcony—an attractive option for investors seeking rental income or owner-occupiers desiring an onsite residence. This property represents a unique opportunity to expand a portfolio or launch a business in a top-tier commercial space with added rental income security from the residence.
Key features;
*Zoning: Commercial 1
*New Commercial Kitchen with grease trap.
*Equipped with amenities including toilet facilities, air conditioning throughout, restaurant furniture.
*Office space
*Front and Rear Access
*360m2 (approx)
*420m2 (approx) lettable area
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Property Details for 37a Belmore St, Yarrawonga

Building Type
Commercial
Floor Size
200m2
Land Size
362m2

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About Yarrawonga 3730

The size of Yarrawonga is approximately 95.9 square kilometres. It has 10 parks covering nearly 1.6% of total area. The population of Yarrawonga in 2011 was 7,056 people. By 2016 the population was 7,916 showing a population growth of 12.2% in the area during that time. The predominant age group in Yarrawonga is 60-69 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation. In 2011, 71.2% of the homes in Yarrawonga were owner-occupied compared with 69.8% in 2016.

Yarrawonga has 6,768 properties. Over the last 5 years, Houses in Yarrawonga have seen a 45.70% increase in median value, while Units have seen a 61.61% increase. As at 31 October 2024:

  • The median value for Houses in Yarrawonga is $610,849 while the median value for Units is $402,441.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 270 properties listed for sale, and 12 properties listed for rent in Yarrawonga on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in Yarrawonga.

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