224 Main StreetBacchus Marsh VIC 3340
Property Details for 224 Main St, Bacchus Marsh
224 Main St, Bacchus Marsh is a 6 bedroom, 3 bathroom Unit. The property has a land size of 867m2.
Last Listing description (March 2019)
Looking for that PERFECT investment property that has prime potential to obtain huge future financial gains?
This fantastic private portfolio of three fully renovated units (ON SEPARATE/INDIVIDUAL TITLES) positioned on a massive 868m2 (approx) block, has so much character and endless potential.
Located on Bacchus Marsh s Main Street within the highly sought after COMMERCIAL ZONING, walking distance from all amenities, you would be hard pushed to find a more appealing investment location in the western suburbs.
Within the previous financial year, Unit 1/224 as an individual return, had a rental yield of $31,655!! The two remaining units have the potential to triple the return!
Truly a rare opportunity to purchase a portfolio of properties within your commercial zoning on Main Street in Bacchus Marsh.
To book your private inspection please call Shane O Brien on 0431 766 082
(Photo ID is Required at all Open For Inspections)
At YPA Bacchus Marsh Our Service Will Move You
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.
Property History for 224 Main St, Bacchus Marsh, VIC 3340
- 09 Apr 2018Listed for Sale CONTACT AGENT
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0About 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 5,150 properties. Over the last 5 years, Houses in Bacchus Marsh have seen a 33.27% increase in median value, while Units have seen a 34.95% increase. As at 31 August 2024:
- The median value for Houses in Bacchus Marsh is $639,160 while the median value for Units is $407,463.
- Houses have a median rent of $475 while Units have a median rent of $380.
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