SOLD
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Sold on 15 Aug 2024 - Price Unavailable

58 Wellington Street
Kerang VIC 3579

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 193m2
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Property Details for 58 Wellington St, Kerang

Building Type
Commercial
Land Size
193m2
Local Government
Gannawarra
Lot/Plan
2/LP217372

Last Listing description (September 2024)

Located in the main CBD area of Kerang, this well-maintained building is currently being used as a hairdressing salon. With a block size of 193m2 and a building size of approximately 80m2, this property offers ample space for various business opportunities.

The property features on-street parking and rear access, providing convenience for customers and employees alike. There is also room to extend the building, subject to council approval, allowing for further expansion or customization based on your specific business needs.

Whether you are a new business owner looking to establish your presence in the vibrant town of Kerang or an existing business looking to relocate to a prime location, this premises offers endless possibilities.

Key Features:
- Located in the main CBD area
- Well-maintained building with room for expansion
- Block size: 193m2
- Building size: Approximately 80m2
- On-street parking and rear access

Hairdressing Business Available For Purchase:
In addition to the property itself, there is an opportunity to purchase the existing hairdressing business. This turnkey option allows you to seamlessly transition into ownership while benefiting from an established clientele base.

Don't miss out on this fantastic commercial property opportunity in Kerang's bustling CBD area. Contact us today to arrange a viewing or discuss further details.

Property History for 58 Wellington St, Kerang, VIC 3579

A timeline of how this property has performed in the market
Last Sold
15 Aug 2024
  • 15 Aug 2024
    Sold
  • 19 Jul 2024
    Listed for Sale $210,000 Negotiable
  • 05 Dec 2022
    Listed for Sale $210,000 Negotiable
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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 2,527 properties. Over the last 5 years, Houses in Kerang have seen a 81.37% increase in median value, while Units have seen a 37.22% increase. As at 31 August 2024:

  • The median value for Houses in Kerang is $297,653 while the median value for Units is $260,165.
  • Houses have a median rent of $300 while Units have a median rent of $260.
There are currently 44 properties listed for sale, and 3 properties listed for rent in Kerang on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Kerang.

Suburb Insights for Kerang 3579

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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.