OFF MARKET

24 Princes Highway
Cann River VIC 3890

Bedrooms: 1
Bathrooms: 1
Car spaces: 6
Land area: 329m2
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Property Details for 24 Princes Hwy, Cann River

24 Princes Hwy, Cann River is a 1 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 329m2.

Building Type
House
Land Size
329m2
Local Government
East Gippsland

Last Listing description (November 2018)

This property has only had two owners in approximately 30 years and now you could be the third. Pelican Point Coffee Lounge is well known for it's friendly, welcoming atmosphere, fresh food and delicious Beraldo coffee.
The air-conditioned inside dining area seats 20 and outside there is seating for 30 people in the beautiful and relaxing garden area. Pelican Point Coffee Lounge is the perfect business for a couple to manage and employs four casual staff. There is a comfortable one bedroom flat with a backyard included. The property is on a large block of 0.0328Ha. Cann River is a picturesque town servicing the tens of thousands of visitors travelling along the coastal Princes Highway between Melbourne and Sydney, and the inland Monaro Highway to Canberra. It is the gateway to the magnificent Croajingolong National Park,Tamboon Inlet and Erindundra National Park.The vibrant community has a P-12 College, supermarket, hotel and Bush Nursing Centre. This wonderful lifestyle business and freehold is now available for genuine purchase.

Property History for 24 Princes Hwy, Cann River, VIC 3890

A timeline of how this property has performed in the market
  • 21 Dec 2016
    Listed for Sale $340,000

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About Cann River 3890

The size of Cann River is approximately 112 square kilometres. It has 3 parks covering nearly 77% of total area. The population of Cann River in 2011 was 167 people. By 2016 the population was 198 showing a population growth of 18.6% in the area during that time. The predominant age group in Cann River is 50-59 years. Households in Cann River are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Cann River work in a community and personal service occupation. In 2011, 61.7% of the homes in Cann River were owner-occupied compared with 61.1% in 2016.

Cann River has 259 properties. Over the last 5 years, Houses in Cann River have seen a 164.72% increase in median value. As at 30 November 2024:

  • The median value for Houses in Cann River is $325,735 while the median value for Units is $401,697.
There are currently 4 properties listed for sale, and no properties listed for rent in Cann river on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Cann river.

Suburb Insights for Cann River 3890

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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.