SOLD
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Sold on 05 Jul 2024 for $1,020,000

182 Stony Point Road
Crib Point VIC 3919

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 308m2
Land area: 1254m2
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Property Details for 182 Stony Point Rd, Crib Point

Building Type
Commercial
Floor Size
308m2
Land Size
1254m2
Local Government
Mornington Peninsula
Lot/Plan
16~7/PP5212

Last Listing description (July 2024)

A commercial property that artfully combines its storied past with timeless appeal.

A generous land size of 1254m2 and a spacious 308m2 building,
The additional vacant land has commercial zoning with a huge opportunity to develop in the future (STCA)

This property is home to the iconic Crib Point Cellars & General Store Business since the 1920s, beckons as more than just a business space, it's a local treasure.

The building exudes character, with a historical touch dating back to the horse and cart era. Nestled strategically near the Cerberus Navy Training Base, it not only promises business potential but also convenience with its proximity to the train station and local shops.

Discover a harmonious blend of classic features and modern amenities, including CCTV cameras, evaporative cooling and heating, a private office, cool room and 2 separate toilets.

The solid hardwood flooring and weatherboard structure with classic iron roofing add to its enduring charm as a local community landmark.

Crib Point is thriving with attractions! Enjoy the proximity to local gems, explore the town's vibrant culture and witness the ongoing development with future infrastructure plans. This property is not just an investment; it's a gateway to a community on the rise.

Ongoing and proposed enhancements to transport infrastructure aim to further streamline accessibility, making the property even more attractive for businesses.

The area is poised for commercial expansion, with planned initiatives to attract more businesses and elevate Crib Point as a thriving business hub.

As the region gains attention, tourism initiatives are in the pipeline, potentially increasing foot traffic and boosting the local economy.

Investing in 182 Stony Point Rd means not just securing an iconic retail space but positioning yourself at the heart of a community on the cusp of the future exciting growth plans at Cerberus Naval Training Base and local expansion in the area.

Seize the opportunity to be part of Crib Point's bright future.

For inquiries and to witness this investment's potential firsthand, contact us today.

Your journey into a thriving business landscape begins here!

- Land Size : 1254 m2 Subdivision (STCA)
- Building Size: 308m2
- Commercial Retail Building currently used as the long standing business of Crib Point
- Cellars & General Store
- Building located by horse and cart to crib point in 1920
- Massive History as a local landmark
- Close to Cerberus Navy Training Base
- Opposite Train Station and local shops

* Property Features:
- CCTV cameras
- Evaporative cooling and heating
- Private Office
- Storage room
- Permanent shelving
- Solid hardwood flooring
- Weather board structure with iron roofing
- 2 Separate Toilets
- Cool Room

*Opportunity to also purchase long term business alongside the commercial building or otherwise the current business owners are happy to stay.

(Please note Statement Of Information is not required)

Property History for 182 Stony Point Rd, Crib Point, VIC 3919

A timeline of how this property has performed in the market
Last Sold
$1,020,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $1,020,000
  • 08 Feb 2024
    Listed for Sale $1,050,000-00
  • 08 Sep 2022
    Sold for $700,000
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About Crib Point 3919

The size of Crib Point is approximately 6.5 square kilometres. It has 12 parks covering nearly 2.3% of total area. The population of Crib Point in 2011 was 2,839 people. By 2016 the population was 3,168 showing a population growth of 11.6% in the area during that time. The predominant age group in Crib Point is 50-59 years. Households in Crib Point are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Crib Point work in a trades occupation. In 2011, 75.5% of the homes in Crib Point were owner-occupied compared with 73.8% in 2016.

Crib Point has 1,760 properties. Over the last 5 years, Houses in Crib Point have seen a 38.05% increase in median value, while Units have seen a 28.17% increase. As at 31 October 2024:

  • The median value for Houses in Crib Point is $822,300 while the median value for Units is $546,026.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 17 properties listed for sale, and no properties listed for rent in Crib point on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Crib point.

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Peter Dodd
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Leesa Gilbert
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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.