956/958 Heidelberg-Kinglake Rd, Hurstbridge is a 3 bedroom, 1 bathroom House.
Expressions of interest invited. Central to existing residential and commercial on 2024m2
Steeped in history with the existing shop reflecting a magical reminder of an enchanting era. Consider the possibilities and reap the rewards of this outstanding location in the heart of Hurstbridge with adjoining residential and commercial development. There are two titles with a total land area of 2024m2. The site offers the potential opportunity for a range of land uses to be considered that provide a transition between the current land uses and existing established properties. Note Land frontage to Heidelberg Kinglake Road being a total of 40m. Depth is 50m.
Substantial exposure for a plethora of opportunities! The established home offers accommodation whilst you plan for the future. The shop provides an immediate income. Each title is 1012m2 ( total area 2024m2).
The size of Hurstbridge is approximately 14.6 square kilometres. It has 8 parks covering nearly 4.5% of total area. The population of Hurstbridge in 2011 was 3,510 people. By 2016 the population was 3,463 showing a population decline of 1.3% in the area during that time. The predominant age group in Hurstbridge is 50-59 years. Households in Hurstbridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hurstbridge work in a professional occupation. In 2011, 87.4% of the homes in Hurstbridge were owner-occupied compared with 88.3% in 2016.
Hurstbridge has 1,526 properties. Over the last 5 years, Houses in Hurstbridge have seen a 24.75% increase in median value, while Units have seen a 10.29% increase. As at 31 October 2024:
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