A great opportunity to own retail premises in the main street of Murchison, only 25 minutes from Shepparton, 1 hours from Melbourne and 20 minutes from Nagambie.
The brick building is in excellent order and comprises of shop space, kitchen, laundry, inside toilet and storage room with a front window facing the main street. The block is approx 300 metres square and offers a cleared rear yard with a garden shed.
Ideally located with a bus stop out the front, the river and parkland opposite and central to the shopping strip. The premises are vacant and ready to go so bring your business to the pretty township of Murchison, the sky is the limit!
The size of Murchison is approximately 100.5 square kilometres. It has 1 park. The population of Murchison in 2011 was 1,046 people. By 2016 the population was 917 showing a population decline of 12.3% in the area during that time. The predominant age group in Murchison is 60-69 years. Households in Murchison are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murchison work in a professional occupation. In 2011, 78.2% of the homes in Murchison were owner-occupied compared with 76.6% in 2016.
Murchison has 667 properties. Over the last 5 years, Houses in Murchison have seen a 63.53% increase in median value, while Units have seen a 57.90% increase. As at 31 October 2024:
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