SOLD
Sold on 12 Dec 2023 for $400,000

147-149 Main Road
Lindenow VIC 3865

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1000m2
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Property Details for 147-149 Main Rd, Lindenow

Building Type
Commercial
Land Size
1000m2
Local Government
East Gippsland
Lot/Plan
1/LP79434

Last Listing description (October 2023)

General Store, Post Office and Bottle Shop. Located in East Gippsland's food bowl, the Lindenow General Store (including Post Office) is a great opportunity to secure your future. The General Store is open 7 days a week and has been recently updated with indoor and outdoor seating, takeaway food, coffee lounge, grocery lines, newspaper and magazines, approx 133 mailboxes and related Post Office supplies. The recent addition of a stand alone bottle shop has further enhanced this business providing a reliable, extra income stream. The large allotment provides ample room for expansion of the business or separate accommodation (STCA).
The highly productive Mitchell River flats provide a significant percentage of Australia's fresh vegetables as well as quality grazing land for cattle and sheep, making Lindenow a busy and prosperous town, a strong local community, with sporting clubs, primary school, hotel and more.

Selling as freehold and business, with plenty of room to expand this is a great opportunity for an enterprising couple to grow an already successful business.
Call today for further details.

Property History for 147-149 Main Rd, Lindenow, VIC 3865

A timeline of how this property has performed in the market
Last Sold
$400,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $400,000
  • 16 Sep 2021
    Sold for $400,000
  • 14 Jun 2018
    Listed for Sale $695,000
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About Lindenow 3865

The size of Lindenow is approximately 12.9 square kilometres. The population of Lindenow in 2011 was 395 people. By 2016 the population was 426 showing a population growth of 7.8% in the area during that time. The predominant age group in Lindenow is 60-69 years. Households in Lindenow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lindenow work in a labourer occupation. In 2011, 84.8% of the homes in Lindenow were owner-occupied compared with 87.5% in 2016.

Lindenow has 314 properties. Over the last 5 years, Houses in Lindenow have seen a 82.55% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lindenow is $536,360 while the median value for Units is $317,402.
There are currently 3 properties listed for sale, and no properties listed for rent in Lindenow on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Lindenow.

Suburb Insights for Lindenow 3865

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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.