OFF MARKET

888 Whittlesea-Kinglake Road
Kinglake West VIC 3757

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 318m2
Land area: 2049m2
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Property Details for 888 Whittlesea-Kinglake Rd, Kinglake West

Building Type
Commercial
Floor Size
318m2
Land Size
2049m2
Local Government
Murrindindi
Lot/Plan
2/LP111299

Last Listing description (November 2017)

An amazing opportunity to purchase a most unique commercial property has become available, located in the attractive Kinglake Ranges. This property is located in the core commercial precinct in the township of Kinglake West, only 55km North East of Melbourne. It is located at the gateway to the Kinglake National Park and other prime tourist and cultural destinations. This amazing property has so much to offer.
- It is securely leased as a bakery/cafe. Flying Tarts Bakery & Cafe has been operating for the past 8 years and is an award winning bakery that attracts a high tourism base for the Kinglake Ranges. The owners of Flying Tarts Bakery & Cafe take the utmost pride in their business and the upkeep of this site and building. The current lease on the property has an excellent tenure in place of 3x5x5x5 showing a high return.

- Planning permit #2006/248 approved for the use and development of land for restaurant, bakery and cafe. Unrestricted hours of operation, unrestricted number of seating and permission to apply for liquor licence approval.
- The building is very attractive with character solid brick and concrete render exterior, with a large wrap around verandah and disabled ramp access. It was completely refurbished in August 2007 and is in excellent condition. This also included wiring, plumbing and flooring.
- The property measures 2010 metre square in area approximately half an acre in total, with generous area for parking including disabled car spaces.
Price: Contact Agent

Property History for 888 Whittlesea-Kinglake Rd, Kinglake West, VIC 3757

A timeline of how this property has performed in the market
Last Sold
$790,000
16 Oct 2017
  • 16 Oct 2017
    Sold for $790,000
  • 12 May 2017
    Listed for Sale Not Disclosed
  • 18 Dec 2010
    Listed for Sale 1520000
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About Kinglake West 3757

The size of Kinglake West is approximately 65.3 square kilometres. It has 3 parks covering nearly 36.2% of total area. The population of Kinglake West in 2011 was 1,065 people. By 2016 the population was 1,156 showing a population growth of 8.5% in the area during that time. The predominant age group in Kinglake West is 40-49 years. Households in Kinglake West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kinglake West work in a trades occupation. In 2011, 93.3% of the homes in Kinglake West were owner-occupied compared with 91.4% in 2016.

Kinglake West has 624 properties. Over the last 5 years, Houses in Kinglake West have seen a 31.21% increase in median value, while Units have seen a 59.41% increase. As at 30 November 2024:

  • The median value for Houses in Kinglake West is $956,134 while the median value for Units is $1,114,586.
  • Houses have a median rent of $310.
There are currently 7 properties listed for sale, and no properties listed for rent in Kinglake west on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Kinglake west.

Suburb Insights for Kinglake West 3757

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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.