OFF MARKET

406-408 Eaglehawk Road
Eaglehawk VIC 3556

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 519m2
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Property Details for 406-408 Eaglehawk Rd, Eaglehawk

406-408 Eaglehawk Rd, Eaglehawk is a 3 bedroom, 0 bathroom House. The property has a land size of 519m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Land Size
519m2
Local Government
Greater Bendigo
Lot/Plan
1/PS632028

Last Listing description (February 2021)

- Central to CBD of Eaglehawk freehold premises currently leased long term

- Excellent returns (6.5%) from this very sound and well maintained premises

- Currently operates as professional masseur (Business not for sale)

- Tenant pays rental plus outgoings - 3 year lease with options to extend

- Corner allotment with business premises adjoining three bedroom home with two bathrooms

- Ducted gas heating and evaporative cooling, gas heater, split system and airconditioner

- Maintenance undertaken re: restumping, rewiring upgrades etc

- Premises set up as reception, masseur rooms (6), 3 bedroom home with kitchen, lounge and two bathrooms

- Leased at $26,000 plus gst and outgoings ie 6.5% plus return. 3 years commencing 18th June, 2019 with options for additional 3 X 3 years.

These premises present an ideal opportunity for the astute investor to purchase a good solid home with the added bonus of the premises adjoining being set up as a masseur business. The premises are leased long term and the returns are excellent, presenting better returns than the normal residential home purchase for investment.

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property Code: 478

Property History for 406-408 Eaglehawk Rd, Eaglehawk, VIC 3556

A timeline of how this property has performed in the market
Last Sold
$401,000
27 Nov 2020
  • 27 Nov 2020
    Sold for $401,000
  • 18 May 2020
    Listed for Sale $400,000
  • 13 Jan 2017
    Sold for $260,000
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About Eaglehawk 3556

The size of Eaglehawk is approximately 14.5 square kilometres. It has 21 parks covering nearly 18.8% of total area. The population of Eaglehawk in 2011 was 4,809 people. By 2016 the population was 5,691 showing a population growth of 18.3% in the area during that time. The predominant age group in Eaglehawk is 0-9 years. Households in Eaglehawk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eaglehawk work in a trades occupation. In 2011, 67.1% of the homes in Eaglehawk were owner-occupied compared with 65.7% in 2016.

Eaglehawk has 3,317 properties. Over the last 5 years, Houses in Eaglehawk have seen a 57.61% increase in median value, while Units have seen a 54.48% increase. As at 30 September 2024:

  • The median value for Houses in Eaglehawk is $471,772 while the median value for Units is $359,812.
  • Houses have a median rent of $450 while Units have a median rent of $375.
There are currently 29 properties listed for sale, and 2 properties listed for rent in Eaglehawk on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Eaglehawk.

Suburb Insights for Eaglehawk 3556

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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.