OFF MARKET

3 Smith Street
Loch VIC 3945

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 1594m2
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Last updated 16 Dec 2024
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Property Details for 3 Smith St, Loch

3 Smith St, Loch is a 2 bedroom, 0 bathroom House. The property has a land size of 1594m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Land Size
1594m2
Local Government
South Gippsland
Lot/Plan
1/TP854272

Last Listing description (March 2021)

A unique opportunity to own a prime parcel of land with residence and shop front in the heart of the beautiful village of Loch. The Sale of this property represents a rare investment & development opportunity.

Former successful business for 25 plus years, "Carriages of Loch" Antiques & Treasures with residential Cottage all set on a large 1594m2 flat block.


- 1594 m2 Block - Commercial 1 Zone (C1Z)
- 2 Bedroom cottage with living, kitchenette and bathroom
- Shop front with the addition of 3 train carriages dating back to 1975, oozing charm
- The large block offers room for expansion - possibly opportunities with B&B, cafe/beer
gardens or residential development (STCA)
- Picturesque block with established tree's and excellent fencing
- Great storage space

Auction Date: UNDER CONTRACT - AUCTION CANCELLED - OFFER ACCEPTED PRIOR Saturday February the 20th 2021 at 11:30am - If not sold prior
Terms: 10% Deposit on signing
Settlement: 30/60/90 Days

Copies of the Contract of Sale & Vendor statement are available. For more information or to arrange a private inspection by appointment only,please contact:
SEJ Real Estate Agents:Irene Walker 0429 045 632 or Miranda Pike 0404 193 205

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Property History for 3 Smith St, Loch, VIC 3945

A timeline of how this property has performed in the market
Last Sold
$745,000
10 Feb 2021
  • 10 Feb 2021
    Sold for $745,000
  • 22 Dec 2020
    Listed for Sale UNDER CONTRACT - PRIOR TO AUCTION
  • 11 Feb 2010
    Listed for Sale $335,000
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About Loch 3945

The size of Loch is approximately 75.5 square kilometres. The population of Loch in 2011 was 967 people. By 2016 the population was 636 showing a population decline of 34.2% in the area during that time. The predominant age group in Loch is 50-59 years. Households in Loch are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Loch work in a managers occupation. In 2011, 83% of the homes in Loch were owner-occupied compared with 84.7% in 2016.

Loch has 417 properties. Over the last 5 years, Houses in Loch have seen a 120.58% increase in median value. As at 30 November 2024:

  • The median value for Houses in Loch is $819,959 while the median value for Units is $347,844.
There are currently 9 properties listed for sale, and no properties listed for rent in Loch on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Loch.

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