OFF MARKET

52-54 Elizabeth Street
Edenhope VIC 3318

Bedrooms: 2
Bathrooms: -
Car spaces: 2
Land area: 570m2
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Property Details for 52-54 Elizabeth St, Edenhope

Building Type
Commercial
Land Size
570m2
Local Government
West Wimmera
Lot/Plan
1/TP329487

Last Listing description (July 2024)

This is an amazing opportunity to purchase this Building, with a solid 8 year Lease and an amazing tenant that is passionate about bringing back Edenhopes only Bakery, Takeaway & Cafe. This property is located in heart of Edenhope with an attached 2 bedroom residence. The new tenant has a vast menu consisting of hamburgers, fish 'n' chips, pizza, fresh breads, rolls, cakes, pastries and coffee. There has been an new solar system installed at the property to keep overheads to a minimum. This is a brilliant opportunity to purchase a substantial commercial property, with a solid lease, in a strong regional town. Call Nola for all of the details on 0418 504 855.

Property History for 52-54 Elizabeth St, Edenhope, VIC 3318

A timeline of how this property has performed in the market
Last Sold
$250,000
27 Aug 2022
Listed for Rent
$32/w
04 May 2022
  • 27 Aug 2022
    Sold for $250,000
  • 27 Jul 2022
    Listed for Sale Not Disclosed
  • 04 May 2022
    Listed for Rent $20,040 / year
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About Edenhope 3318

The size of Edenhope is approximately 498.7 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Edenhope in 2011 was 976 people. By 2016 the population was 943 showing a population decline of 3.4% in the area during that time. The predominant age group in Edenhope is 60-69 years. Households in Edenhope are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Edenhope work in a managers occupation. In 2011, 71% of the homes in Edenhope were owner-occupied compared with 74.7% in 2016.

Edenhope has 832 properties. Over the last 5 years, Houses in Edenhope have seen a 115.31% increase in median value, while Units have seen a 117.19% increase. As at 31 October 2024:

  • The median value for Houses in Edenhope is $249,877 while the median value for Units is $418,609.
  • Houses have a median rent of $273.
There are currently 5 properties listed for sale, and 1 property listed for rent in Edenhope on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Edenhope.

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