22 Main StreetDerrinallum VIC 3325
Property Details for 22 Main St, Derrinallum
Last Listing description (October 2023)
No need to rob a bank, this one is a steal!
This Old State Savings Bank building is located in the beautiful south west Victorian town of Derrinallum.
With the original safe in perfect operation and freshly polished concrete floors this is a rare opportunity to create your own mark.
Situated on the Hamilton Highway, Derrinallum is perfectly positioned and within easy reach of regional centres, Geelong, Ballarat or Warrnambool. Locally you are moments away from a refreshing hike up Mount Elephant, and only a few minutes' drive to boating, water skiing or fishing at Deep Lake. A little further afield takes you to natural attractions of the Great Ocean Road and The Grampians National Park, making this locale a solid base; for exploring all the stunning natural attractions this country district has to offer.
Whether it's a private cosy residence, a lazy weekend getaway, a retail or commercial space, or maybe an Airbnb (STCA) Whatever you choose, the flexible floor plan offers many options! Set on 443 sqm with both residential and commercial zoning, this building has endless opportunities - you are only limited by your imagination, so let it run wild!
The building currently features beautiful ceiling heights of 3.5mt, an open plan living area, polished concrete flooring, freshly painted with a kitchenette, and 2-bathroom areas.
Outside the property offers a clean rear yard perfect for alfresco dining and outdoor living.
Due to its unique character, this Old Bank is sure to attract plenty of interest.
Don't miss your chance to secure this delightful building - contact us today to arrange an inspection!
Property History for 22 Main St, Derrinallum, VIC 3325
- 07 Sep 2023Sold for $195,000
- 27 Jun 2023Listed for Sale Not Disclosed
- 22 Sep 2016Transferred
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0About Derrinallum 3325
The size of Derrinallum is approximately 273.8 square kilometres. The population of Derrinallum in 2011 was 514 people. By 2016 the population was 397 showing a population decline of 22.8% in the area during that time. The predominant age group in Derrinallum is 60-69 years. Households in Derrinallum are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Derrinallum work in a managers occupation. In 2011, 73.7% of the homes in Derrinallum were owner-occupied compared with 80.3% in 2016.
Derrinallum has 312 properties. Over the last 5 years, Houses in Derrinallum have seen a 91.85% increase in median value, while Units have seen a 307.02% increase. As at 31 August 2024:
- The median value for Houses in Derrinallum is $329,937 while the median value for Units is $248,407.
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