OFF MARKET

17 Wallace Street
Meredith VIC 3333

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1062m2
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Property Details for 17 Wallace St, Meredith

Building Type
Commercial
Land Size
1062m2
Local Government
Golden Plains
Lot/Plan
1/TP806105

Last Listing description (November 2021)

Phone enquiries - please quote property ID 25403.

FREEHOLD SALE INCLUDING BUSINESS & FREEHOLD COMMERCIAL PROPERTY

Easy operated, highly profitable, family run business that includes all the essentials!

Located on Midland Highway between Geelong and Ballarat

The business offers:
* Licensed Post Office with 111 PO boxes
* General Store, Newsagency and Vline Tickets
* Takeaway food and Cafe (12-15kg coffee p.w)
* 2 bedroom residence
* Development opportunity (STCA approval required)

Continuous passing trade pre and during COVID. The store services locals, surrounding communities, traveller's and tradie's.

Prime position with large open windows. Ideal location to increase or expand on the current offering.

* Land size: 1041m2 (two titles)
* Building: Over 290m2 incorporating both the business premises and the residence
* Future Development opportunities (STCA) approval required - Prime corner location on busy Ballarat / Geelong highway.
* Stock will be sold at valuation.

This is a great opportunity for those looking for a sound business and lifestyle opportunity, along with a great investment. Any existing supermarket businesses should also consider.

Enquire today.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 17 Wallace St, Meredith, VIC 3333

A timeline of how this property has performed in the market
Last Sold
$700,000
08 Jun 2022
  • 08 Jun 2022
    Sold for $700,000
  • 17 Dec 2020
    Listed for Sale $995,000 - OFFERS INVITED
  • 09 Dec 2015
    Listed for Sale Business Buyers Guide: $385,000 + SAV FH: $460,000
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About Meredith 3333

The size of Meredith is approximately 209.4 square kilometres. It has 4 parks covering nearly 4.5% of total area. The population of Meredith in 2011 was 738 people. By 2016 the population was 804 showing a population growth of 8.9% in the area during that time. The predominant age group in Meredith is 50-59 years. Households in Meredith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meredith work in a managers occupation. In 2011, 83.3% of the homes in Meredith were owner-occupied compared with 81.4% in 2016.

Meredith has 495 properties. Over the last 5 years, Houses in Meredith have seen a 61.07% increase in median value, while Units have seen a -37.73% decrease. As at 30 September 2024:

  • The median value for Houses in Meredith is $1,724,039 while the median value for Units is $293,299.
  • Houses have a median rent of $295.
There are currently 4 properties listed for sale, and no properties listed for rent in Meredith on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Meredith.

Suburb Insights for Meredith 3333

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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.