A extraordinary business opportunity has come to light, for the investor or enthusiastic business owner. Situated on a 728m2 block in the main street in Yarraman, this property has the highway frontage exposure that a business requires to thrive and grow. Previously used as an auto repair shop with a open plan living space at the rear, a Cafe' at the front plus a mechanical shop at side. This property has so much potential it's endless!!!!.
CAFE'
The size of Yarraman is approximately 128.5 square kilometres. It has 4 parks covering nearly 31.9% of total area. The population of Yarraman in 2011 was 1,230 people. By 2016 the population was 1,059 showing a population decline of 13.9% in the area during that time. The predominant age group in Yarraman is 60-69 years. Households in Yarraman are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarraman work in a labourer occupation. In 2011, 65.2% of the homes in Yarraman were owner-occupied compared with 70.9% in 2016.
Yarraman has 739 properties. Over the last 5 years, Houses in Yarraman have seen a 110.70% increase in median value, while Units have seen a 38.90% increase. As at 31 October 2024:
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