OFF MARKET

2969 Main Neerim Road
Neerim Junction VIC 3832

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1622m2
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Property Details for 2969 Main Neerim Rd, Neerim Junction

Building Type
Commercial
Land Size
1622m2
Local Government
Baw Baw
Lot/Plan
1/TP245549

Last Listing description (July 2008)

EAST OF MELBOURNE VIC
THIS WELL ESTABLISHED MANUAL POST OFFICE AND LICENSED GENERAL STORE HAS BEEN SERVICING THE LOCAL COMMUNITY NEEDS FOR MANY YEARS AND IS SITUATED IN A PICTURESQUE COUNTRY TOWN WITHIN THE BAW BAW SHIRE COUNCIL APPROXIMATELY 110 KILOMETRES EAST OF MELBOURNE. BRIGHT AND EXTREMELY SPACIOUS, THE BUSINESS COMPRISES POST OFFICE, MAIL RUN, GROCERIES WITH MEAT AND DAIRY PRODUCTS, CONFECTIONERY, NEWSPAPERS/MAGAZINES AND LIQUOR. THE BUSINESS IS LICENSED TO SELL AMMUNITION AND EXPLOSIVES, FUEL AND OPERATES A GAS BOTTLE DELIVERY SERVICE, MAKING IT A HANDY PLACE FOR LOCALS TO STOCK UP ON SUPPLIES OR JUST GRAB THE DAILY PAPER. THE LOCATION SEES MANY TOURISTS VISITING ON WEEKENDS AND DURING THE SNOW SEASON. INCLUDED IN THE SALE IS THE FREEHOLD AND SEPARATE THREE BEDROOM HOME PLUS OUTBUILDINGS ALL SET ON APPROXIMATELY HALF AN ACRE OF LAND. A MAGNIFICENT BUSINESS FOR AN AMBITIOUS COUPLE OR FAMILY WANTING TO ESCAPE THE EVERYDAY HUSTLE AND BUSTLE. THERE IS A BUS SERVICE AT THE FRONT OF THE SHOP WHICH TAKES YOU TO NEIGHBOURING TOWNS FOR SCHOOLS, SPORTING AND RECREATIONAL FACILITIES, BANKS, SHOPS AND MORE.
NET INCOME APPROXIMATELY $70,000 + PER ANNUM.

BUSINESS PRICE: $195,000
FREEHOLD: $280,000
STOCK (APPROX.): $40,000
TOTAL PRICE: $515,000
CONTACT NINO RUSCITTI ON 0409 500 904 OR JOE RUSCITTI ON 0414 462 411

Property History for 2969 Main Neerim Rd, Neerim Junction, VIC 3832

A timeline of how this property has performed in the market
  • 16 May 2008
    Listed for Sale 515000

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About Neerim Junction 3832

The size of Neerim Junction is approximately 15 square kilometres. It has 1 park. The population of Neerim Junction in 2011 was 417 people. By 2016 the population was 120 showing a population decline of 71.2% in the area during that time. The predominant age group in Neerim Junction is 60-69 years. Households in Neerim Junction are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Neerim Junction work in a managers occupation. In 2011, 90.6% of the homes in Neerim Junction were owner-occupied compared with 86% in 2016..

Neerim Junction has 90 properties. Over the last 5 years, Houses in Neerim Junction have seen a 59.20% increase in median value. As at 31 August 2024:

  • The median value for Houses in Neerim Junction is $462,161.
There are currently no properties listed for sale, and no properties listed for rent in Neerim junction on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Neerim junction.

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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.