SOLD
Sold on 28 Mar 2024 for $350,000

13-15 Fitzroy Street
Kerang VIC 3579

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 669m2
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Property Details for 13-15 Fitzroy St, Kerang

Building Type
Commercial
Land Size
669m2
Local Government
Gannawarra
Lot/Plan
1/TP132693

Last Listing description (September 2024)

Rare opportunity to purchase a freehold and business with all the hard work done. The owner's have set this business up and have come to the end of their working life. The Bowling Alley is hugely popular with league bowling, school holidays and being the only bowling alley between Bendigo, Shepparton and Mildura with cliental and bus groups from all around northern Victoria, especially the rural cities of Echuca and Swan Hill.

The games room is another attraction and a cash flow arm of the business complimented by the sit down caf with meals and beverages plus take away food.

The owners have only been able to open the business in recent years for restricted days and hours and have now closed, however the potential this business offers is amazing - even with the scope for multiple business.

With a restaurant and bowling alley, add a liqueur licence or BYO. The premises is also popular for functions, kids parties, Christmas parties or work gathering. The possibilities for a business of this nature are easy to see.

Register your interest today and capture the school holiday rush.

Property History for 13-15 Fitzroy St, Kerang, VIC 3579

A timeline of how this property has performed in the market
Last Sold
$350,000
28 Mar 2024
  • 11 Jun 2024
    Listed for Sale $350,000
  • 28 Mar 2024
    Sold for $350,000
  • 10 Dec 2021
    Listed for Sale $350,000
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About Kerang 3579

The size of Kerang is approximately 146.6 square kilometres. It has 8 parks covering nearly 0.9% of total area. The population of Kerang in 2011 was 3,872 people. By 2016 the population was 3,897 showing a population growth of 0.6% in the area during that time. The predominant age group in Kerang is 60-69 years. Households in Kerang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kerang work in a managers occupation. In 2011, 69.5% of the homes in Kerang were owner-occupied compared with 71.3% in 2016.

Kerang has 2,541 properties. Over the last 5 years, Houses in Kerang have seen a 88.46% increase in median value, while Units have seen a 59.28% increase. As at 31 October 2024:

  • The median value for Houses in Kerang is $302,851 while the median value for Units is $273,637.
  • Houses have a median rent of $290 while Units have a median rent of $225.
There are currently 44 properties listed for sale, and 5 properties listed for rent in Kerang on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Kerang.

Suburb Insights for Kerang 3579

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Graemem Hayes Real Estate
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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.