SOLD
Sold on 17 May 2024 for $700,000

107-109 Whitelaw Street
Meeniyan VIC 3956

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 605m2
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Property Details for 107-109 Whitelaw St, Meeniyan

Building Type
Commercial
Land Size
605m2
Local Government
South Gippsland
Lot/Plan
1/LP136332

Last Listing description (August 2019)

Phone enquiries - please quote property ID 18975
This is the only business for sale in busy Meeniyan a beautiful growing country town on the way to Wilsons Promontory Victoria.
Heaps of local support plus the bonus of a strong Tourist trade.

Currently opening at 6am for Truckies, Tradies, and Farmers breakfasts and closing 5pm weekdays.
7am till 3pm weekends.
There is good potential to vastly improve this business with a larger menu and longer opening hours.
After 8 years of building a happy local meeting place (and raising 2 kids) It is time to move on.
This is a great opportunity for a caring couple or energetic single to make a wonderful life in a vibrant growing town.
Averaging 10kg of coffee a week.

Key Features:
- Well established business Originally opened in 1960
- Trading 7days week(has been operated by sole trader for 8yrs)
- Huge potential for growth
- New Lease available
- Rent $420pw
- Building 130sqmt
- Seating for 20 inside 10 outside
- Takings $7000+ per week

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Property History for 107-109 Whitelaw St, Meeniyan, VIC 3956

A timeline of how this property has performed in the market
Last Sold
$700,000
17 May 2024
  • 17 May 2024
    Sold for $700,000
  • 23 Mar 2022
    Transferred
  • 04 Aug 2019
    Listed for Sale $85,000 Negotiable
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About Meeniyan 3956

The size of Meeniyan is approximately 51.8 square kilometres. It has 2 parks covering nearly 0.9% of total area. The population of Meeniyan in 2011 was 646 people. By 2016 the population was 763 showing a population growth of 18.1% in the area during that time. The predominant age group in Meeniyan is 60-69 years. Households in Meeniyan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meeniyan work in a managers occupation. In 2011, 79.6% of the homes in Meeniyan were owner-occupied compared with 75% in 2016.

Meeniyan has 464 properties. Over the last 5 years, Houses in Meeniyan have seen a 79.90% increase in median value, while Units have seen a 77.07% increase. As at 30 September 2024:

  • The median value for Houses in Meeniyan is $557,353 while the median value for Units is $421,374.
  • Houses have a median rent of $415.
There are currently 4 properties listed for sale, and no properties listed for rent in Meeniyan on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Meeniyan.

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