Nutrien Harcourts Benalla proudly present a 3 acre ( approx.) commercial allotment, just minutes from the Rural City of Benalla on the corner of Griffith Lane and the Midland Highway. This property is zoned Industrial 1 and represents a rare opportunity to secure a prime parcel of land just minutes from the centre of town with Midland Highway frontage, providing a number of possible commercial options.
Consisting of a 1.15 Ha title ( approx,) this unique parcel of prime land affords buyers a number of options on how to best utilize the property. The Midland Highway location allows for excellent street appeal, easy proximity to major road infrastructure with a dual access point to the rear of the property provided from Griffith Lane. The appeal to all businesses looking for a key commercial location close to town and the potential embodied here should not be overlooked.
The site currently has power connected ( currently via the old dairy building.) There is a number of good size sheds including a 12x9m approx. machinery shed, dairy and hay shed. A 6m (approx.) well is located to the rear of the property and has a bore pump insitu. Cattle yards, cattle crush and ramp, good fencing and perimeter laneway all form part of the infrastructure currently in place.
The size of Benalla is approximately 315.3 square kilometres. It has 32 parks covering nearly 7.6% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016.
Benalla has 7,136 properties. Over the last 5 years, Houses in Benalla have seen a 57.23% increase in median value, while Units have seen a 49.78% increase. As at 31 October 2024:
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