Phone enquiries - please quote property ID 19641.
Set on the main strip of country town Colbinabbin, this large property is one not to be missed if you are looking for a rurally based home and income.
A generous size block with two tiles with the residence, multiple shedding and business/general store. This good sized home at the rear of the property is ready to live in or renovate and includes a large store at the front, to create income and business. Colbinabbin is an easy 40 minute drive from the center of Bendigo, and approximately 2 hours north of Melbourne CBD.
This property is close to local ovals and parks and a primary school, making it perfect for families or couples after the country lifestyle and want a guaranteed income. Strong sporting and social community.
The business operates as a general store with Post Office and Newsagency.
All being sold on a WIWO basis. So for those looking to move to this great country town, have no fear, as you will be guaranteed the income.
The size of Colbinabbin is approximately 126.8 square kilometres. The population of Colbinabbin in 2011 was 295 people. By 2016 the population was 303 showing a population growth of 2.7% in the area during that time. The predominant age group in Colbinabbin is 0-9 years. Households in Colbinabbin are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Colbinabbin work in a managers occupation. In 2011, 81.3% of the homes in Colbinabbin were owner-occupied compared with 78.8% in 2016..
Colbinabbin has 192 properties. Over the last 5 years, Houses in Colbinabbin have seen a 35.55% increase in median value. As at 30 September 2024:
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