OFF MARKET

115 Seaspray Road
Longford VIC 3851

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 4024m2
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Property Details for 115 Seaspray Rd, Longford

Building Type
Commercial
Land Size
4024m2
Local Government
Wellington
Lot/Plan
1/PS518816

Last Listing description (May 2016)

THE LAKE VIEW GENERAL STORE LOCATED AT LONGFORD 10 KM FROM SALE IN CENTRAL GIPPSLAND, IS YOUR TICKET TO A COMFORTABLE AND FINANCIALLY REWARDED LIFESTYLE.THE FREEHOLD OPPORTUNITY AVAILABLE HERE WOULD EASILY SUPPORT TWO FAMILIES OR A FAMILY BUSINESS THAT COULD FARM OUT SOME OF THE LABOUR TO THE CHILDREN IN RETURN FOR SOME HANDY POCKET MONEY.THIS BUSINESS CONSISTS OF A 20 YEAR-OLD BRICK VENEER SHOP WITH A WELL DESIGNED AND FLOOD LIT CANOPY SELLING PETROL, TAKEAWAY FOOD, GREAT COFFEE, GROCERY ITEMS, ALCOHOL, CIGARETTES, HAY AND GAS BOTTLES.THERE IS A HUGE LIST OF PLANT AND EQUIPMENT AND ALL ARE IN EXCELLENT CONDITION.THE RESIDENCE IS A TWO BEDROOM BRICK VENEER HOUSE WITH TWO BATHROOMS THAT ADJOINS THE SHOP AND A SECURITY SYSTEM MONITORS INSIDE AND OUT OF THE SHOP FROM A TELEVISION MONITOR IN THE LOUNGE ROOM, AS WELL AS OTHER POINTS IN THE SHOP.A DOUBLE CARPORT ADJOINS THE RESIDENCE AND A 40 X 30 SHED WITH CONCRETE FLOOR PROVIDES PLENTY OF EXTRA STORAGE.BOTH THE SHOP AND RESIDENCE ARE SITUATED ON A 1 ACRE ALLOTMENT, PROVIDING PLENTY OF SCOPE FOR EXPANSION.DRIVING THIS POPULAR AND PROFITABLE BUSINESS IS THE ESSO-BHP GAS PLANT SOME 6 KM DOWN THE ROAD THAT PROVIDES NATURAL GAS TO TASMANIA, NSW, SA, ACT AND VICTORIA AS WELL AS 20% OF THE COUNTRIES CRUDE OIL.THE ESSO-BHP HELIPORT AT LONGFORD ALSO SUPPORTS THE 21 OFF-SHORE OIL AND GAS PLATFORMS AND AT PRESENT A NEW GAS CONDITIONING PLANT IS BEING CONSTRUCTED SO YOU CAN IMAGINE HOW MUCH FOOT TRAFFIC AND CATERING THIS GENERAL STORE PROVIDES TO THE OIL & GAS INDUSTRY, AS WELL AS SUPPORTING THE LOCAL RESIDENTS AND THE STEADY FLOW OF HOLIDAY MAKERS HEADING TO POPULAR SEASPRAY ON THE NINETY MILE BEACH, WHICH IS ONLY 20 KM AWAY.LONGFORD IS ALSO A POPULAR LOCATION FOR LOCAL SALE PEOPLE AS IT OFFERS SMALL ACREAGE LIFESTYLE PROPERTIES, SOMETHING THAT YOU CANNOT SOURCE IN SALE DUE TO THE LACK OF AVAILABLE LAND.THE LONGFORD GROWTH PLAN IS CURRENTLY BEING FINETUNED BY COUNCIL WITH THE PROSPECT OF A LOT MORE OF LAND BEING RE-ZONED FOR SUB-DIVISION IN THE FUTURE, WHICH WILL CONTINUE TO IMPROVE THE BOTTOM LINE OF THIS BUSINESS.FINANCIALS AND FURTHER INFORMATION IS AVAILABLE ON APPLICATION.

Property History for 115 Seaspray Rd, Longford, VIC 3851

A timeline of how this property has performed in the market
Last Sold
$450,000
04 Feb 2021
  • 04 Feb 2021
    Sold for $450,000
  • 27 May 2016
    Listed for Sale $850,000
  • 26 Mar 2015
    Listed for Sale $795,000
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About Longford 3851

The size of Longford is approximately 313.7 square kilometres. It has 7 parks covering nearly 17.1% of total area. The population of Longford in 2011 was 1,333 people. By 2016 the population was 1,499 showing a population growth of 12.5% in the area during that time. The predominant age group in Longford is 10-19 years. Households in Longford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Longford work in a trades occupation. In 2011, 87.3% of the homes in Longford were owner-occupied compared with 88.8% in 2016.

Longford has 817 properties. Over the last 5 years, Houses in Longford have seen a 20.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Longford is $590,727 while the median value for Units is $322,339.
  • Houses have a median rent of $430.
There are currently 9 properties listed for sale, and 1 property listed for rent in Longford on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Longford.

Suburb Insights for Longford 3851

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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.