87 Main StreetGembrook VIC 3783
Property Details for 87 Main St, Gembrook
87 Main St, Gembrook is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1053m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (December 2023)
Situated in the thriving hills town of Gembrook is this outstanding commercial and development opportunity that is perfect for the avid investor looking to add to their portfolio. The property is zoned Commercial 1 Zoning and is 1053m2 in size and offers dual road access with all services connected or available. At the rear of the shops there is a unit currently rented, boasting two bedrooms with built in robes, quality kitchen with dishwasher, adjacent dining and living area with coonara and lovely verandah, the perfect place to sit back and unwind. Special features include gas wall heater, quality carpets and a large 6mx12m garage. The property is currently rented as a whole at $42,000 including GST annually. The property also offers the potential of a unit development or subdivision (Subject To Council Approval). Call today inspection is a must!
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Barry Plant Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 87 Main St, Gembrook, VIC 3783
- 07 Nov 2023Sold for $910,000
- 16 Dec 2021Listed for Sale $975,000
- 26 Mar 2021Listed for Rent - Price not available
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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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