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Sold on 20 Jul 2024 - Price Unavailable

47 Albert Street
Creswick VIC 3363

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 660m2
Land area: 838m2
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Property Details for 47 Albert St, Creswick

Building Type
Commercial
Floor Size
660m2
Land Size
838m2
Local Government
Hepburn
Lot/Plan
CP163901

Last Listing description (July 2024)

We are pleased to bring this prominent property on Creswick's main street to market! As the largest building in the bustling shopping strip, it offers incredible potential for a variety of ventures.

Key Features:

• Prime Freehold Opportunity: Perfect for families or partners looking to invest in a high-potential site.
• Endorsed Planning Permit: Approved for supermarket and liquor sales.
• Versatile Open Space: deal for numerous uses (subject to council approval).
• Convenient Access: Rear loading via Carriage Way Easement.
• Expansive Lot Size: Total area of 838m².
• Generous Leasable Space: 660m² of rentable area.

This is a rare opportunity to purchase a significant building in the thriving Creswick Township, just 15 minutes from Ballarat and 20 minutes from Daylesford. Act now to secure this prime property and unlock its full potential!

Call to arrange your private inspection.

Property History for 47 Albert St, Creswick, VIC 3363

A timeline of how this property has performed in the market
Last Sold
20 Jul 2024
Listed for Rent
$13k/w
08 Jun 2022
  • 19 Jul 2024
    Sold for $1,045,000
  • 11 Jun 2024
    Listed for Sale $990,000
  • 12 Mar 2020
    Listed for Rent $100,000 / year
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About Creswick 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2011 was 2,941 people. By 2016 the population was 3,171 showing a population growth of 7.8% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation. In 2011, 74.2% of the homes in Creswick were owner-occupied compared with 72.8% in 2016.

Creswick has 2,290 properties. Over the last 5 years, Houses in Creswick have seen a 34.61% increase in median value, while Units have seen a 8.33% increase. As at 31 October 2024:

  • The median value for Houses in Creswick is $498,142 while the median value for Units is $466,196.
  • Houses have a median rent of $410 while Units have a median rent of $250.
There are currently 58 properties listed for sale, and 4 properties listed for rent in Creswick on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Creswick.

Suburb Insights for Creswick 3363

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Contact agent
Michael Devincentis
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Andy Tunbridge
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Biggin Scott Ballarat & Creswick
Preferred contact:
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.