OFF MARKET

2/58 Princes Highway
Eumemmerring VIC 3177

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 90m2
Land area: 684m2
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Property Details for 2/58 Princes Hwy, Eumemmerring

2/58 Princes Hwy, Eumemmerring is a 4 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 684m2 and floor size of 90m2.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
684m2
Local Government
Casey

Last Listing description (January 2024)

Hall & Partners ~ first national are pleased to present 58 Princes Highway Eumemmerring, now available for sale.

Offered for sale for the first time in over 50 years, 58 Princes Highway Eumemmerring offers an outstanding opportunity to capitalise on yield, location & captured values.

Zoned General Residential (GRZ2), with a main road commercial aspect which may allow re-purpose (STA) opportunities such as medical, dental, allied health or other professional services enterprises.

The property offers main road (Princes Hwy) frontage as well as rear access from McLaughlan Avenue.

The single-level residential dwelling offers a combined monthly rental yield of $2607.00 PCM

* Features

- Rectangular site of 684^sq. M with 18.4^ M frontage
- Offered with lease or vacant possession
- High volume traffic of daily passing vehicles
- Signage opportunities
- Public use parking nearby

Take full advantage of the location, signage & other opportunities' this property offers, whether it be for retail/commercial/residential (STA) or a combination of the aforementioned and capitalise on the high traffic, prominence & location.

Information memorandum & other documentation available by request.
Inspection available by appointment.

^approx..

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property History for 2/58 Princes Hwy, Eumemmerring, VIC 3177

A timeline of how this property has performed in the market
Listed for Rent
$290/w
17 Mar 2021
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 17 Feb 2021
    Listed for Rent $290 / week
  • 23 Dec 2019
    Listed for Rent $270 / year
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About Eumemmerring 3177

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 1,312 properties. Over the last 5 years, Houses in Eumemmerring have seen a 31.69% increase in median value, while Units have seen a 33.69% increase. As at 31 October 2024:

  • The median value for Houses in Eumemmerring is $651,462 while the median value for Units is $528,540.
  • Houses have a median rent of $530 while Units have a median rent of $465.
There are currently 9 properties listed for sale, and no properties listed for rent in Eumemmerring on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Eumemmerring.

Suburb Insights for Eumemmerring 3177

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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.