Platinum Real Estate is thrilled to introduce an exceptional prospect ? a pivotal commercial real estate parcel with a multitude of possibilities.
This property boasts a prominent storefront and a generously designed ground floor space. Furthermore, there is potential for residential use on the first floor (subject to council approval) or the expansion of the ground floor to accommodate upstairs office suites.
The first floor features 5 bedrooms, 3 bathrooms, and 2 separate living areas. Additional highlights include a spacious lock-up garage capable of housing up to 4 vehicles, accessible via a rear laneway. Strategically located just off Princess Highway and with convenient access to the South Gippsland Freeway, the property's prime positioning speaks for itself. Don't let this golden opportunity slip away ? contact our office immediately for more details.
The size of Eumemmerring is approximately 1.1 square kilometres. It has 8 parks covering nearly 17.6% of total area. The population of Eumemmerring in 2011 was 1,851 people. By 2016 the population was 1,950 showing a population growth of 5.3% in the area during that time. The predominant age group in Eumemmerring is 30-39 years. Households in Eumemmerring are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Eumemmerring work in a trades occupation. In 2011, 57.3% of the homes in Eumemmerring were owner-occupied compared with 56.6% in 2016.
Eumemmerring has 1,303 properties. Over the last 5 years, Houses in Eumemmerring have seen a 31.30% increase in median value, while Units have seen a 17.64% increase. As at 31 August 2024:
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