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Sold on 18 Oct 2024 - Price Unavailable

134 Main Street
Bacchus Marsh VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 686m2
Land area: 710m2
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Property Details for 134 Main St, Bacchus Marsh

Building Type
Commercial
Floor Size
686m2
Land Size
710m2
Local Government
Moorabool
Lot/Plan
3/PS326997

Last Listing description (October 2024)

First National Rayner Commercial are proud to offer for sale this outstanding freehold building (Businesses not for sale).

Blue chip retail property in the heart of Bacchus Marsh’s retail area. Long term tenancies in place and recently renewed.

• Freehold Only

• Zoned Commercial 1
• 2 Secure leases in place with 3+3+3 year terms
• $123,000pa Gross Rental Income with 4% Increases Annually
• Tenant Pays All Outgoings
• Excellent Rear Access via Gell Street public car park
• Lease commenced 1 April 2024
• Total Building Area 710m2 (Approx)

With Bacchus Marsh expected growth for currently 27000 residents (approx.) to 47000 residents (approx.) by 2041 (source Moorabool Shire Website) this would be an ideal addition to a property portfolio.

Property History for 134 Main St, Bacchus Marsh, VIC 3340

A timeline of how this property has performed in the market
Last Sold
18 Oct 2024
Listed for Rent
$1.48k/w
30 Jan 2007
  • 18 Oct 2024
    Sold
  • 17 Sep 2024
    Listed for Sale AUCTION
  • 02 Oct 2010
    Sold for $1,127,500
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About Bacchus Marsh 3340

The size of Bacchus Marsh is approximately 12.2 square kilometres. It has 24 parks covering nearly 3.8% of total area. The population of Bacchus Marsh in 2011 was 5,759 people. By 2016 the population was 6,398 showing a population growth of 11.1% in the area during that time. The predominant age group in Bacchus Marsh is 60-69 years. Households in Bacchus Marsh are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bacchus Marsh work in a professional occupation. In 2011, 69.4% of the homes in Bacchus Marsh were owner-occupied compared with 67.8% in 2016.

Bacchus Marsh has 5,169 properties. Over the last 5 years, Houses in Bacchus Marsh have seen a 29.22% increase in median value, while Units have seen a 26.74% increase. As at 31 October 2024:

  • The median value for Houses in Bacchus Marsh is $633,937 while the median value for Units is $397,262.
  • Houses have a median rent of $480 while Units have a median rent of $375.
There are currently 77 properties listed for sale, and 15 properties listed for rent in Bacchus marsh on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Bacchus marsh.

Suburb Insights for Bacchus Marsh 3340

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Contact agent
Marcus Rayner
Show contact details
Tarryn Baselmans
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First National Rayner
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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.