OFF MARKET

64 Burke Street
Landsborough VIC 3384

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 150m2
Land area: 1996m2
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Property Details for 64 Burke St, Landsborough

Building Type
Commercial
Floor Size
150m2
Land Size
1996m2
Local Government
Pyrenees
Lot/Plan
4~2/PP5451

Last Listing description (September 2022)

Up for lease for the first time in 100 years. This general store was the only food, grocery outlet in the district and serviced a large clientele. Previously stocking food and veg's, take away food and room for niche / boutique dine in or take away business. There are 4 out buildings plus the shop that has a heritage overlay, all on approx 1750 sqm of land. The business had a $700,000 plus turnover with room to expand. This is a unique opportunity to continue the wonderful tradition that the family have developed during that time.
Entry level and very generous initial term from the landlord as follows.
First 12 weeks free rent, next 40 weeks @ $100 per week.

Year 2 $200 per week.
Tenant to pay all outgoings and maintenance, be responsible for their own insurances.
Lease term 2 years with 2 X 2 year options with annual CPI review and increases
Enquiries welcome

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Property History for 64 Burke St, Landsborough, VIC 3384

A timeline of how this property has performed in the market
Last Transferred
13 Apr 2018
Listed for Rent
$23/w
29 Sep 2022
  • 01 Dec 2020
    Listed for Rent $1,200 / year
  • 13 Apr 2018
    Transferred
  • 25 Jan 2017
    Listed for Sale $295,000

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About Landsborough 3384

The size of Landsborough is approximately 85.4 square kilometres. It has 3 parks covering nearly 30.3% of total area. The population of Landsborough in 2011 was 256 people. By 2016 the population was 165 showing a population decline of 35.5% in the area during that time. The predominant age group in Landsborough is 60-69 years. Households in Landsborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Landsborough work in a community and personal service occupation. In 2011, 86.9% of the homes in Landsborough were owner-occupied compared with 84% in 2016..

Landsborough has 245 properties. Over the last 5 years, Houses in Landsborough have seen a 67.92% increase in median value. As at 31 October 2024:

  • The median value for Houses in Landsborough is $280,998.
There are currently 1 property listed for sale, and no properties listed for rent in Landsborough on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Landsborough.

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