OFF MARKET

56 Railway Place
Elmore VIC 3558

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1003m2
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Property Details for 56 Railway Pl, Elmore

Building Type
Commercial
Land Size
1003m2
Local Government
Greater Bendigo

Last Listing description (March 2020)

Located on a major Highway this well presented profitable caf offers a huge range of freshly made delicacies, takeaway options and of course great coffee.
There is ample room for those who want to sit down & take a break with seating for 20 inside plus plenty of space outside to sit back & enjoy the sunshine. Open 7 days a week the business is showing strong & consistent figures meaning income from day one.
To accompany the sale of this fantastic business is the well maintained freehold premises (inc. shedding & coolroom) and a neat 3 bedroom brick residence. The residence has BIRs to all bedrooms, a modern well-appointed kitchen, excellent heating & cooling and neat and appealing gardens and outdoor area. The separate driveway and garage adds the option to lease the residence out.

- Strong & consistent figures
- Excellent plant & equipment
- Selling 15KG of coffee per week

Property History for 56 Railway Pl, Elmore, VIC 3558

A timeline of how this property has performed in the market
  • 06 Dec 2019
    Listed for Sale $850,000 + SAV

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About Elmore 3558

The size of Elmore is approximately 135.3 square kilometres. It has 2 parks covering nearly 0.4% of total area. The population of Elmore in 2011 was 669 people. By 2016 the population was 774 showing a population growth of 15.7% in the area during that time. The predominant age group in Elmore is 60-69 years. Households in Elmore are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elmore work in a managers occupation. In 2011, 78.8% of the homes in Elmore were owner-occupied compared with 76.7% in 2016.

Elmore has 600 properties. Over the last 5 years, Houses in Elmore have seen a 49.51% increase in median value, while Units have seen a -80.23% decrease. As at 31 October 2024:

  • The median value for Houses in Elmore is $340,339 while the median value for Units is $188,715.
  • Houses have a median rent of $228.
There are currently 16 properties listed for sale, and no properties listed for rent in Elmore on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Elmore.

Suburb Insights for Elmore 3558

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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.