OFF MARKET

5 Comers Road
Kalimna West VIC 3909

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 20500m2
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Property Details for 5 Comers Rd, Kalimna West

Building Type
Commercial
Land Size
20500m2
Local Government
East Gippsland
Lot/Plan
1/PS711901

Last Listing description (October 2023)

Unique opportunity to buy a Multi business and property freehold. A very profitable venture that consist of an extremely busy Garden Supplies, not only offering sand soil and mulch, it has a small engine service centre and sales of mowers both small and large, plus a huge range of pots, large and small and all colours.
This sale includes the highest rated caf in the area, the continually growing 'The Barn Caf', with a capacity of 100, north facing, overlooking tranquil farmland. Opportunity to expand into weddings and function on the flat grassed out front. The barn also has a private courtyard and 2-bedroom residence above
Thirdly, Real Garden Hire. Small & large gardening equipment available to rent at short notice. Including everything for the Garden Novice

Positioned on the edge of Lakes Entrance on approximately 5 acres on land, that gives opportunity to grow the business, plus huge frontage to the princes highway, and can't be missed by passing traffic. East Gippsland is a rapidly growing area and seen as a sea change opportunity. This is also opportunity for the successful buyer to maintain the freehold & sell off 3 diverse businesses.

Property History for 5 Comers Rd, Kalimna West, VIC 3909

A timeline of how this property has performed in the market
Last Transferred
21 Jun 2024
  • 21 Jun 2024
    Transferred
  • 17 Feb 2022
    Listed for Sale $1,400,000 plus SAV
  • 10 Oct 2013
    Sold for $200,000

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About Kalimna West 3909

The size of Kalimna West is approximately 56.6 square kilometres. It has 2 parks covering nearly 75.4% of total area. The population of Kalimna West in 2011 was 472 people. By 2016 the population was 147 showing a population decline of 68.9% in the area during that time. The predominant age group in Kalimna West is 50-59 years. Households in Kalimna West are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kalimna West work in a managers occupation. In 2011, 80.9% of the homes in Kalimna West were owner-occupied compared with 70.8% in 2016..

Kalimna West has 107 properties. Over the last 5 years, Houses in Kalimna West have seen a 70.06% increase in median value, while Units have seen a 30.89% increase. As at 31 October 2024:

  • The median value for Houses in Kalimna West is $848,765 while the median value for Units is $276,862.
There are currently no properties listed for sale, and no properties listed for rent in Kalimna west on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Kalimna west.

Suburb Insights for Kalimna West 3909

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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.