SOLD
Sold on 10 Apr 2024 for $350,000

14 Progress Road
Loch Sport VIC 3851

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4839m2
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Property Details for 14 Progress Rd, Loch Sport

Building Type
Commercial
Land Size
4839m2
Local Government
Wellington
Lot/Plan
10/PS300837

Last Listing description (May 2024)

A fantastic opportunity here to give up the rat race of the city and move your business to the coast on this large industrial block!

Situated in the industrial estate on the outer skirts of the township of Loch Sport is this large industrial block of 4839 sqms, offering one large shed (approx. 7.9m x 18.2m) with 3 phase power, concrete floor and the bonus of a bathroom which makes the perfect workshop for your business.

The second shed (approx. 4.6m x 5.9m) has power and a concrete floor for the overflow of storage. The property is connected to the main sewerage and offers a large water tank and is fully fenced around the perimeter with tall secure fencing. Established trees are scattered throughout the property with plenty of space for the addition of extra shedding.

Here's an idea - the town could do with storage units for boats and caravans! With unlimited options on what to make this into, an inspection is a real must!

Contact our office today for more information!

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CShell Real Estate does not warrant, guarantee or make any representations regarding the currency, accuracy, correctness, reliability, usability or any other aspect, of the material presented on the CShell Real Estate Website and it is recommended that prospective purchasers and users of the website make their own enquiries and seek independent legal advice in relation to the subject property. All drone image measurements are approximate and not to exact measurement.

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Property History for 14 Progress Rd, Loch Sport, VIC 3851

A timeline of how this property has performed in the market
Last Sold
$350,000
10 Apr 2024
  • 10 Apr 2024
    Sold for $350,000
  • 14 Apr 2023
    Listed for Sale $450,000
  • 11 Jul 2003
    Sold for $65,000
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About Loch Sport 3851

The size of Loch Sport is approximately 84.8 square kilometres. It has 12 parks covering nearly 103.9% of total area. The population of Loch Sport in 2011 was 690 people. By 2016 the population was 823 showing a population growth of 19.3% in the area during that time. The predominant age group in Loch Sport is 60-69 years. Households in Loch Sport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Loch Sport work in a labourer occupation. In 2011, 78.5% of the homes in Loch Sport were owner-occupied compared with 84.1% in 2016.

Loch Sport has 2,580 properties. Over the last 5 years, Houses in Loch Sport have seen a 64.56% increase in median value, while Units have seen a 63.11% increase. As at 30 September 2024:

  • The median value for Houses in Loch Sport is $370,905 while the median value for Units is $343,870.
  • Houses have a median rent of $660.
There are currently 104 properties listed for sale, and no properties listed for rent in Loch sport on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Loch sport.

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