OFF MARKET

13 Hopetoun Street
Lockington VIC 3563

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 132m2
Land area: 601m2
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Last updated 22 Jul 2024
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Property Details for 13 Hopetoun St, Lockington

Building Type
Commercial
Year Built
1960
Floor Size
132m2
Land Size
601m2
Local Government
Campaspe
Lot/Plan
2~1/PP5471

Last Listing description (September 2024)

An exciting scenario all on the one title and situated in the main street of Lockington, this commercial shopfront/residence and adjoining 2nd dwelling offers a unique lifestyle opportunity with plenty of options for the investor. Opportunity to collect 2 rents with the rear residence currently under lease, and the shopfront which is currently used as a residence can easily be utilized as a shop front in prime position with plenty of parking out front. A classic double fronted store window facade frames these two attached homes that deliver a warehouse edge feel. The shopfront dwelling showcases a large spacious open plan living/dining area with reverse cycle split system and ceiling fan, a large commercial kitchen, soaring ceilings with huge skylight dispersing natural light throughout, beautiful original polished baltic pine timber floorboards, three good sized bedrooms, wide hallway, bathroom, toilet and laundry. Evaporative cooling. The adjoining residence features three bedrooms, two with built-in-robes, large open plan kitchen/dining living room with gas cooking and offers wood fire, evaporative cooling plus ceiling fan for heating/cooling. The three piece bathroom with bath, shower vanity offers good storage, toilet situated at rear of home off the enclosed back porch. Outdoors you will find an undercover concreted courtyard complete with bricked-in fireplace, pizza oven and a rustic galvanized tin shed, set behind is a lovely grassed area with beautiful big gumtree enclosed by secure fencing. Access via rear laneway. Each home has separately metered power and water connections. Don't miss this opportunity to secure a property that can suit many needs, it could be a shop to rent out and a residence to live in, maybe two rental properties for the astute investor, separate extended family living or possibly the ultimate work from home set up. Call Luke Ryan on 0438 841 127 to arrange an inspection.

Property History for 13 Hopetoun St, Lockington, VIC 3563

A timeline of how this property has performed in the market
Listed for Rent
$150/w
07 May 2019
  • 22 Jul 2024
    Listed for Sale $549,000
  • 20 Mar 2023
    Listed for Sale $549,000
  • 07 Apr 2020
    Listed for Sale $350,000
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About Lockington 3563

The size of Lockington is approximately 103.7 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Lockington in 2011 was 778 people. By 2016 the population was 817 showing a population growth of 5.0% in the area during that time. The predominant age group in Lockington is 50-59 years. Households in Lockington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lockington work in a managers occupation. In 2011, 76.8% of the homes in Lockington were owner-occupied compared with 76.8% in 2016.

Lockington has 425 properties. Over the last 5 years, Houses in Lockington have seen a 134.56% increase in median value, while Units have seen a -20.37% decrease. As at 31 October 2024:

  • The median value for Houses in Lockington is $487,286 while the median value for Units is $319,688.
  • Houses have a median rent of $350.
There are currently 10 properties listed for sale, and no properties listed for rent in Lockington on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Lockington.

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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.