OFF MARKET

111-113 Main Neerim Road
Neerim South VIC 3831

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 556m2
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Property Details for 111-113 Main Neerim Rd, Neerim South

Building Type
Commercial
Land Size
556m2
Local Government
Baw Baw
Lot/Plan
2/LP67717

Last Listing description (June 2024)

Discover an exceptional freehold commercial property opportunity at the corner of Main Neerim Road and Wagner Road in Neerim South. This brick building, currently operating as YGP Grain and Hardware, spans two titles and occupies a prime 555 sqm corner location with high visibility. Close to the Neerim South Hotel and shopping strip, it offers versatile usage options continue the profitable YGP business, establish a new enterprise or rent out the premises. With commercial land in short supply and rates approximately $2500, this property is perfect for investors and entrepreneurs seeking immediate income potential and long-term growth. Secure this prime location and make your mark in Neerim South's thriving commercial landscape. For more information or to schedule a booking, please contact Dennis Bowen-Day 0418 526 701

Property History for 111-113 Main Neerim Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
  • 30 May 2024
    Listed for Sale Contact Agent
  • 14 Nov 2022
    Listed for Sale Contact Agent

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About Neerim South 3831

The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2011 was 1,193 people. By 2016 the population was 1,302 showing a population growth of 9.1% in the area during that time. The predominant age group in Neerim South is 50-59 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a professional occupation. In 2011, 81.5% of the homes in Neerim South were owner-occupied compared with 82.9% in 2016.

Neerim South has 969 properties. Over the last 5 years, Houses in Neerim South have seen a 49.53% increase in median value, while Units have seen a 56.84% increase. As at 31 October 2024:

  • The median value for Houses in Neerim South is $642,961 while the median value for Units is $494,721.
  • Houses have a median rent of $490.
There are currently 16 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Neerim south.

Suburb Insights for Neerim South 3831

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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.