48 Main RoadBuchan VIC 3885
Property Details for 48 Main Rd, Buchan
48 Main Rd, Buchan is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1920. The property has a land size of 772m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (October 2024)
Discover a unique opportunity to own a piece of Buchan's history. Built in 1928, this character-filled property has been beautifully renovated, blending its rich heritage with modern conveniences. Located in the heart of Buchan, this versatile space now offers a charming caf? at the front and a cozy one-bedroom residence at the rear, making it the perfect combination of business and home.
Upon entering the caf?, you'll be greeted by the warm ambiance of the original double-sided brick fireplace, creating a welcoming atmosphere for patrons. High ceilings and large cottage windows allow natural light to fill the space, offering an inviting setting to enjoy a coffee or a meal.
At the rear of the property, you'll find a functional and versatile space. The living area is perfect for relaxation with a wood heater, while a commercial-grade kitchen offers the ideal setup for running the caf? or preparing meals. The cosy bedroom provides a comfortable retreat, and there are two toilets and a shower for added convenience.
Situated on a 772m? block, the property also includes a 2-bay colorbond garage, perfect for storing vehicles, or as additional storage space.
Located just steps away from the historical and renowned Buchan Caves and Buchan Caves Reserve, benefit from unparalleled convenience, with the stunning natural beauty of East Gippsland at your doorstep. Discover a rare chance to embrace a slower pace of life while running your own business.
This is more than just a property; it's a lifestyle. Make it yours today.
*Commercial kitchen & caf? equipment is available for purchase separately, offering a turnkey solution for those looking to expand or start their own caf? business. This added option allows you to step right into a fully equipped space, ready for service.
*Boundaries on all photographs are approximate only.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Property History for 48 Main Rd, Buchan, VIC 3885
- 17 Oct 2024Listed for Sale $399,000
- 23 Mar 2021Sold for $275,000
- 06 Nov 2020Listed for Sale $299,000
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About Buchan 3885
The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..
Buchan has 287 properties. Over the last 5 years, Houses in Buchan have seen a 119.91% increase in median value. As at 31 October 2024:
- The median value for Houses in Buchan is $335,278 while the median value for Units is $349,531.
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