OFF MARKET

73-75 Main Street
Garfield VIC 3814

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 153m2
Land area: 1257m2
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Last updated 4 Nov 2024
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Property Details for 73-75 Main St, Garfield

73-75 Main St, Garfield is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1257m2 and floor size of 153m2.

Building Type
House
Floor Size
153m2
Land Size
1257m2
Local Government
Cardinia

Last Listing description (June 2017)

Currant owner retiring, situated in the heart of Garfield, this opportunity is awaiting for the most astute investor, owner occupier,
On offer we have two shop fronts plus a 4 bedroom residence, 1 bathroom and two toilets, total land size is 1258 m2 aprox. and
Building area for the shop dwelling is aprox. 255m2.

The property is zoned commercial 1 and currently on one title,. Opportunities are endless STCA.
Could be leased as two separate shops one being an office and the other being a caf , as it's already set up with a commercial kitchen.
The four bedroom residence has its own kitchen,, lounge room and garage/shed .
There is ample parking at the rear of the building and maybe potential for further subdivision STCA.
The property and business will be offered as Vacant possession,. Currently there is a lease on a ATM for a period of 2ys with a 3 yr option of $500.80 per month.
This opportunity will not last, first to inspect will purchase, don't miss this inspect today.!

Property History for 73-75 Main St, Garfield, VIC 3814

A timeline of how this property has performed in the market
  • 04 Aug 2016
    Listed for Sale Negotiable Over $395000

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About Garfield 3814

The size of Garfield is approximately 26.4 square kilometres. The population of Garfield in 2011 was 1,466 people. By 2016 the population was 1,792 showing a population growth of 22.2% in the area during that time. The predominant age group in Garfield is 50-59 years. Households in Garfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garfield work in a trades occupation. In 2011, 81.2% of the homes in Garfield were owner-occupied compared with 84.2% in 2016.

Garfield has 1,065 properties. Over the last 5 years, Houses in Garfield have seen a 38.00% increase in median value, while Units have seen a 15.75% increase. As at 31 October 2024:

  • The median value for Houses in Garfield is $785,805 while the median value for Units is $526,683.
  • Houses have a median rent of $498.
There are currently 17 properties listed for sale, and no properties listed for rent in Garfield on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Garfield.

Suburb Insights for Garfield 3814

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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.