OFF MARKET

40 Main Street
Derrinallum VIC 3325

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 117m2
Land area: 1773m2
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Property Details for 40 Main St, Derrinallum

Building Type
Commercial
Floor Size
117m2
Land Size
1773m2
Local Government
Corangamite
Lot/Plan
1/TP567715

Last Listing description (September 2024)

Ray White Camperdown is excited to offer 40 Main Street, Derrinallum - Supermarket & Hardware business and freehold to the market.
An exciting opportunity for the perceptive buyer to take on this outstanding business in a regional farming community in Western Victoria. This business is set in a bustling rural community servicing a wide radius, and its fantastic street presence captures the passing trade that stops along the treelined avenue of picturesque Derrinallum

This supermarket has built a loyal customer base and supplied the local community for more than a decade and caters for everyone with everything.

The traditional corner store plus more, from dairy, produce, deli, grocery, newspapers, and liquor to a hardware store, coffee shop and laundromat, this truly is a one-stop shop for all.
This establishment is alive and trading well, with growth opportunities to extend hours of trade, enough floor space to expand on the passers-by's ever-increasing need for coffee and if you're a green thumb why not improve on the already popular nursery trade.
Set on two titles, this commercial opportunity is zoned township and sits on approximately 1773 sqm, giving plenty of room to expand or even add a dwelling to conveniently combine home and business on the one site.
With solar panels, shedding, a large rear yard, plenty parking and office space, this is an ideal investment opportunity to secure your long-term future.

For those looking to ease into this great opportunity, the current owners will consider a Business only sale and offer favorable lease terms.
Contact us today for further details and to arrange a closer look at this fantastic opportunity.

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Property History for 40 Main St, Derrinallum, VIC 3325

A timeline of how this property has performed in the market
Last Sold
$80,000
19 Dec 2005
  • 18 Mar 2024
    Listed for Sale $550,000 WIWO
  • 13 Feb 2022
    Listed for Sale $550,000 WIWO
  • 19 Dec 2005
    Sold for $80,000
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About 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 71.86% increase in median value, while Units have seen a 307.02% increase. As at 30 September 2024:

  • The median value for Houses in Derrinallum is $298,455 while the median value for Units is $227,955.
There are currently 3 properties listed for sale, and no properties listed for rent in Derrinallum on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Derrinallum.

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