1925 Melba HighwayDixons Creek VIC 3775
Property Details for 1925 Melba Hwy, Dixons Creek
Last Listing description (May 2023)
Opportunity abounds with a treechange lifestyle residence and business offering in the prime tourism destination of Victorias Yarra Valley.
Set amid verdant pastures, undulating ranges views, vineyards and established destination attractions, this freehold property offers a busy main road frontage with plenty of passing traffic and local community support from surrounding towns. Move in and live on-site in the comfortable 3 bedroom residence, lease out or utilise as a package to entice the best talent to your business, the options and ability to make a thriving business are endless!
Previously operated as a thriving caf, bar and grill the 290sqm (approx.) premises is fully fitted with multiple indoor and outdoor dining and event areas with seating for 220 covers, year-round comfort from automatic misting system and gas fireplace, and serviced by a full commercial kitchen with two walk-in coolrooms.
Presiding over 1275m2 (approx.) of land, the three-bedroom residential home is in excellent condition and promises an easy, move in and enjoy lifestyle as you plan an exciting and profitable future in the Yarra Valley.
Key Features:
- Freehold business and property
- 3 bedroom residence and caf / restaurant
- Business taking $17,000 per week prior to closing
- Stand alone site on 1275sqm (approx.)
- 220 seat hospitality business with indoor / outdoor seating
- Prime Yarra Valley location
- Located on busy main thoroughfare for Yarra Valley / Yarra Ranges / Lake Eildon traffic
- Exciting opportunity with great potential for growth
Property History for 1925 Melba Hwy, Dixons Creek, VIC 3775
- 02 May 2023Sold for $560,000
- 04 May 2022Listed for Sale $925,000
- 01 Mar 2021Sold for $700,000
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0About Dixons Creek 3775
The size of Dixons Creek is approximately 44.2 square kilometres. It has 2 parks covering nearly 22% of total area. The population of Dixons Creek in 2011 was 339 people. By 2016 the population was 340 showing a population growth of 0.3% in the area during that time. The predominant age group in Dixons Creek is 50-59 years. Households in Dixons Creek are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dixons Creek work in a managers occupation. In 2011, 82% of the homes in Dixons Creek were owner-occupied compared with 84.1% in 2016..
Dixons Creek has 195 properties. Over the last 5 years, Houses in Dixons Creek have seen a 28.81% increase in median value. As at 31 October 2024:
- The median value for Houses in Dixons Creek is $1,284,980 while the median value for Units is $578,695.
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