OFF MARKET

13 Main Road
Gormandale VIC 3873

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1529m2
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Property Details for 13 Main Rd, Gormandale

Building Type
Commercial
Land Size
1529m2
Local Government
Wellington
Lot/Plan
6/PP5338

Last Listing description (August 2021)

Country town General Store, securely leased with multiple options. Currently returning $19,361.00 per annum plus outgoings, lease commenced 14th December 2018. Set on an allotment of approximately 1530m2 with retail shop and 3 bedroom dwelling, plus steel garage. The business hosts Liquor Licence and Post Office. Well positioned within rural village and farming district.

*Business is not included in sale.

For further details and/or an inspection, please contact Grant Williams on 0412 513 470 or Keith Williams Real Estate on 5174 7777.

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Property History for 13 Main Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
  • 22 Feb 2018
    Listed for Sale $295,000

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About Gormandale 3873

The size of Gormandale is approximately 93.2 square kilometres. It has 2 parks covering nearly 9% of total area. The population of Gormandale in 2011 was 443 people. By 2016 the population was 329 showing a population decline of 25.7% in the area during that time. The predominant age group in Gormandale is 50-59 years. Households in Gormandale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gormandale work in a managers occupation. In 2011, 77.4% of the homes in Gormandale were owner-occupied compared with 85.5% in 2016..

Gormandale has 187 properties. Over the last 5 years, Houses in Gormandale have seen a 59.76% increase in median value, while Units have seen a 118.92% increase. As at 31 October 2024:

  • The median value for Houses in Gormandale is $484,790 while the median value for Units is $446,731.
There are currently 1 property listed for sale, and no properties listed for rent in Gormandale on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Gormandale.

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