SOLD
Sold on 21 Dec 2023 for $550,000

85 High Street
Heathcote VIC 3523

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 202m2
Land area: 825m2
Sold By
Priority1 Property
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Property Details for 85 High St, Heathcote

Building Type
Commercial
Year Built
2009
Floor Size
202m2
Land Size
825m2
Local Government
Greater Bendigo
Lot/Plan
2/PS438291

Last Listing description (October 2021)

* If you are looking for a stable, simple-to-run business with future growth potential, this diversified rural services provider could be your ticket to owning your own business.

* The long-established business is in Heathcote conveniently located 110 km to Melbourne and 44 km to Bendigo.

* The excellent freehold opportunity positioned in the busy main street of this vibrant rural community retails rural merchandise, stock and pet feed, LPG gases, produce, etc.

* Easily operated by a two-person team, (currently a husband-and-wife operation), it offers a relaxed rural lifestyle with a solid customer base and opportunities for further growth.

* The respected business has been successfully servicing the rural sector in the Heathcote area continuously for 36 years 28 years with the current owners.

* It services a range of agricultural customers from livestock graziers to mixed/hobby farmers, horse/greyhound trainers and small block owners over a large area including Axedale, Lancefield, Graytown, Knowsley, Mia Mia, Redesdale, Glenhope, Tooborac, Pyalong and Toolleen.

* The high profile site approx. 825m enjoys good traffic exposure with two street access from High Street (Northern Highway) and Hospital Street. It includes approx. 335m sales warehouse with a high-clearance drive-through area for convenient pick-up and despatch, a small office and amenities and ample off-street parking.

* Trading hours are currently 8:30 am-5 pm Monday to Friday, 8:30 am to 12:30 pm on Saturday.

* Services and agricultural products offered include herbicides, pesticides, fencing materials, hay/lucerne, stock blocks, poultry/pet food, animal health/gardening products and Elgas and Air Liquide gas supply and delivery.

* The attractive business opportunity includes a broad repeat customer base with consistent annual turnover (even during Covid-19 lockdown) with good trading relationships in place with local and Key suppliers.

* The current owners have achieved an excellent reputation and are willing to train and assist new owners during a transition period.

* There is good potential to grow the business by expanding focus, website/social media presence, the inclusion of other products and distribution to other markets.

* Call the selling agent, Chris Bone for further details.

**THE VENDORS ARE OPEN TO MULTIPLE SALE OPTIONS
- BUSINESS ON STANDALONE BASIS
- BUSINESS AND FREEHOLD BASIS

Property History for 85 High St, Heathcote, VIC 3523

A timeline of how this property has performed in the market
Last Sold
$550,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $550,000
  • 16 Dec 2020
    Listed for Sale $800,000 + SAV
  • 06 Nov 2018
    Listed for Sale For Sale: Contact Patrick Skahill
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About Heathcote 3523

The size of Heathcote is approximately 130.9 square kilometres. It has 9 parks covering nearly 25.2% of total area. The population of Heathcote in 2011 was 2,775 people. By 2016 the population was 2,781 showing a population growth of 0.2% in the area during that time. The predominant age group in Heathcote is 60-69 years. Households in Heathcote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heathcote work in a trades occupation. In 2011, 80.4% of the homes in Heathcote were owner-occupied compared with 77.2% in 2016.

Heathcote has 2,458 properties. Over the last 5 years, Houses in Heathcote have seen a 55.53% increase in median value, while Units have seen a 77.33% increase. As at 31 July 2024:

  • The median value for Houses in Heathcote is $553,372 while the median value for Units is $339,252.
  • Houses have a median rent of $430 while Units have a median rent of $298.
There are currently 68 properties listed for sale, and 4 properties listed for rent in Heathcote on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Heathcote.

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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.