OFF MARKET

2-4 Boundary Street
Corryong VIC 3707

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8311m2
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Property Details for 2-4 Boundary St, Corryong

Building Type
Commercial
Land Size
8311m2
Local Government
Towong
Lot/Plan
1/PS444190

Last Listing description (November 2023)

This business has been operating in the picturesque Victorian high country for well over 20 years. With the current owner looking to move on to the next phase of his life now is the time to pounce on this opportunity.

Producing income from day one, Corryong Building Supplies has a very loyal customer base from dairy and cattle farmers to the mighty snowy hydro. Being the region's main, and in many cases, only supplier of most key building supplies leads to strong sales and turnover.

With the freehold available for purchase the opportunity is spread on 2 titles which allows the potential purchaser to section off the specially designed shed to operate as 2 businesses.

Products include a wide range such as steel, timber, gyprock, colour bond, dirt and soil. This business also incorporates a successful nursery with huge room for expansion. The retail hardware store is a successful mixer and supplier of paint to the region and as well has an extensive range of home hardware including Makita power tools.

With the current owner willing to offer an extensive training and handover period this business is perfect for anyone, from a plumber to a farmer or someone looking to escape the hustle and bustle of a major city. This is definitely not an opportunity to be missed.

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Property History for 2-4 Boundary St, Corryong, VIC 3707

A timeline of how this property has performed in the market
Last Sold
$24,000
09 Aug 2005
  • 14 Sep 2023
    Listed for Sale FHGC $2,850,000
  • 05 Jul 2022
    Listed for Sale FHGC $2,850,000
  • 09 Aug 2005
    Sold for $24,000

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About Corryong 3707

The size of Corryong is approximately 69.2 square kilometres. It has 6 parks covering nearly 26.8% of total area. The population of Corryong in 2011 was 1,441 people. By 2016 the population was 1,365 showing a population decline of 5.3% in the area during that time. The predominant age group in Corryong is 50-59 years. Households in Corryong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corryong work in a managers occupation. In 2011, 66.8% of the homes in Corryong were owner-occupied compared with 64.1% in 2016.

Corryong has 975 properties. Over the last 5 years, Houses in Corryong have seen a 88.73% increase in median value, while Units have seen a 43.07% increase. As at 31 October 2024:

  • The median value for Houses in Corryong is $332,216 while the median value for Units is $337,119.
  • Houses have a median rent of $238.
There are currently 10 properties listed for sale, and no properties listed for rent in Corryong on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Corryong.

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