12-14 George StreetHeyfield VIC 3858
Property Details for 12-14 George St, Heyfield
12-14 George St, Heyfield is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 638m2.
Last Listing description (August 2022)
The renowned 3858 licensed caf has been operational for fifteen years, the present owners having been there for twelve years. It consistently receives outstanding reviews, has received local Shire Awards and great Melbourne food reviews.
It is licensed to seat over one hundred people indoors and outdoors, with two spacious indoor dining areas and a large outdoor courtyard, as well as shop front dining.
The kitchen area has all necessary cooking facilities with a brand new dishwasher, refrigerators, as well as gas/electric cooking.
The main caf area adjoins a small gift shop at present, and could easily be converted to be part of the caf itself, thus providing even more caf space if required.
Caf 3858 has excellent turnover with profitable results, and could easily be improved by opening for longer hours, for example, Saturday and Sunday evenings.
This unique freehold property gives both the investor or family operator the opportunity to create a very viable business in an ideal town position, within a strong and expanding Gippsland area.
This ideally located property is situated in the main town area of Heyfield, close to an IGA supermarket, Chemist and the Railway Hotel. Also a ten minute drive from the popular Glenmaggie Weir, fifty minute drive from Licola and the McCalister Valley, twenty minutes from the town of Sale and one hour to the Ninety Mile beach.
Property History for 12-14 George St, Heyfield, VIC 3858
- 04 Aug 2019Listed for Sale Not Disclosed
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0About Heyfield 3858
The size of Heyfield is approximately 75.7 square kilometres. It has 9 parks covering nearly 9.6% of total area. The population of Heyfield in 2011 was 1,937 people. By 2016 the population was 1,978 showing a population growth of 2.1% in the area during that time. The predominant age group in Heyfield is 60-69 years. Households in Heyfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heyfield work in a labourer occupation. In 2011, 76.3% of the homes in Heyfield were owner-occupied compared with 74.4% in 2016.
Heyfield has 1,260 properties. Over the last 5 years, Houses in Heyfield have seen a 75.94% increase in median value, while Units have seen a 48.09% increase. As at 31 October 2024:
- The median value for Houses in Heyfield is $370,739 while the median value for Units is $294,741.
- Houses have a median rent of $370.
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