SOLD
Sold on 03 May 2024 for $330,000

8/22-26 Princes Way
Drouin VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 8/22-26 Princes Way, Drouin

Building Type
Commercial
Local Government
Baw Baw
Lot/Plan
8/PS328556

Last Listing description (June 2024)

Harcourts Warragul are delighted to present Suite 8 at 22-26 Princes Way Drouin For Lease.

An opportunity to join a popular complex and be amongst successful businesses. The property features:

- Total floor area 80m2*

- Commercial 1 Zone
- Located on the first floor with plenty of natural light
- Signage opportunity facing Princes Way
- Current configuration features reception/open area and 3 offices, which can also be removed to create a complete open space.
- Shared kitchen and toilet facilities
- In the heart of Drouin CBD and moments to the train station, cafes, retail stores and more!

*Denotes approximate

For further information or to arrange an inspection, please contact Marino Perioris on 0476 808 845 or marino.perioris@harcourts.com.au

Property History for 8/22-26 Princes Way, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$330,000
03 May 2024
Listed for Rent
$383/w
12 Jun 2024
  • 05 Jun 2024
    Listed for Rent $20,000 / year
  • 03 May 2024
    Sold for $330,000

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About Drouin 3818

The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4% of total area. The population of Drouin in 2011 was 9,685 people. By 2016 the population was 12,348 showing a population growth of 27.5% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation. In 2011, 72.9% of the homes in Drouin were owner-occupied compared with 71.7% in 2016.

Drouin has 9,268 properties. Over the last 5 years, Houses in Drouin have seen a 41.67% increase in median value, while Units have seen a 37.85% increase. As at 31 October 2024:

  • The median value for Houses in Drouin is $648,469 while the median value for Units is $425,725.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 160 properties listed for sale, and 22 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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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.