OFF MARKET

631 Maroondah Highway
Narbethong VIC 3778

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 278m2
Land area: 4540m2
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Property Details for 631 Maroondah Hwy, Narbethong

Building Type
Commercial
Floor Size
278m2
Land Size
4540m2
Local Government
Murrindindi
Lot/Plan
1/LP207495

Last Listing description (May 2024)

Mystic Mountains ski hire, and outdoor equipment is a well-established business located in Narbethong on the Maroondah HWY in a high-profile location. It is the only business in the region to offer such a large range of camping equipment and has a very strong client base from Melbourne to Alexandra and beyond. It is one of only 4 off-mountain ski hires focused on Lake Mountain, and as such has exceptionally good winter trade.

The freehold and business is for sale as a complete package including stock and all display racking and equipment walk in walk out!

Mystic Mountains Ski Hire caters to visitors to Lake Mountain. It hires quality cross-country skis (classic and skate) for adults and children as well as toboggans, waterproof clothing and apr''s-ski boots.

It offers pre-on-line pre-booking for the ski hire and is the only ski hire in the region who offers this.

Summertime and winter clothing and camping equipment is available as well as an extensive range of fishing tackle suited to the nearby rivers and lake Eildon.

The business and property have opportunity to expand further, we currently hold in storage many mountain bikes and canoes that could be hired out, we have an abundance of storage underneath the main retail area, and there is ample room to build a private residence at the rear of the retail building so you can reside on-site.

So, if you're looking for a lifestyle and business opportunity in idyllic Narbethong and surrounds then this could just be fitting for you.

Property History for 631 Maroondah Hwy, Narbethong, VIC 3778

A timeline of how this property has performed in the market
Last Sold
$310,000
10 Nov 2004
  • 02 May 2023
    Listed for Sale $990,000- $1,050,000
  • 10 Nov 2004
    Sold for $310,000
  • 13 May 2000
    Listed for Sale EOI
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About Narbethong 3778

The size of Narbethong is approximately 157.4 square kilometres. It has 4 parks covering nearly 66.9% of total area. The population of Narbethong in 2011 was 471 people. By 2016 the population was 187 showing a population decline of 60.3% in the area during that time. The predominant age group in Narbethong is 60-69 years. Households in Narbethong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narbethong work in a trades occupation. In 2011, 76.4% of the homes in Narbethong were owner-occupied compared with 94.3% in 2016..

Narbethong has 206 properties. Over the last 5 years, Houses in Narbethong have seen a 75.07% increase in median value. As at 31 October 2024:

  • The median value for Houses in Narbethong is $758,173 while the median value for Units is $323,033.
There are currently 5 properties listed for sale, and no properties listed for rent in Narbethong on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Narbethong.

Suburb Insights for Narbethong 3778

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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.