60 Main StreetGembrook VIC 3783
Property Details for 60 Main St, Gembrook
Last Listing description (October 2024)
We are excited to present an exceptional commercial development opportunity in the heart of Gembrook.
This ideally located site is perfect for investors and developers looking to capitalize on Gembrook's vibrant commercial scene.
Property Highlights:
Development Zone: Commercial 1 Zone
Key Features:
Prime location overlooking the Puffing Billy Train Station
Close proximity to renowned dining, cafes, boutique shopping, supermarkets, and essential services
Walking distance to the local primary school, child care centers, and recreational parks
Possibility for a 5-lot subdivision, including 2 commercial and 3 residential sites with on-site parking while preserving the natural environment
Ideal for commercial development - restaurant, retail, or caf attracting both pedestrian and passing traffic
Offered for sale this opportunity in the growing village of Gembrook is a chance to create a lasting impact on the local community by investing in this versatile and well-positioned property.
For more information, contact Stuart Grant on 0438 554 522.
Property History for 60 Main St, Gembrook, VIC 3783
- 20 Mar 2024Listed for Sale $760,000 PLUS GST
- 11 Jul 2022Listed for Sale $1,100,000 - $1,200,000
- 01 Nov 2004Sold for $10,000
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0About Gembrook 3783
The size of Gembrook is approximately 201.9 square kilometres. It has 16 parks covering nearly 70.5% of total area. The population of Gembrook in 2011 was 2,148 people. By 2016 the population was 2,339 showing a population growth of 8.9% in the area during that time. The predominant age group in Gembrook is 40-49 years. Households in Gembrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gembrook work in a trades occupation. In 2011, 88.2% of the homes in Gembrook were owner-occupied compared with 84.8% in 2016.
Gembrook has 1,150 properties. Over the last 5 years, Houses in Gembrook have seen a 22.54% increase in median value, while Units have seen a 29.01% increase. As at 31 October 2024:
- The median value for Houses in Gembrook is $996,364 while the median value for Units is $494,583.
- Houses have a median rent of $650.
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