OFF MARKET

2470 Main Neerim Road
Neerim South VIC 3831

Bedrooms: 20
Bathrooms: 11
Car spaces: 3
Land area: 20105m2
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Property Details for 2470 Main Neerim Rd, Neerim South

Building Type
Commercial
Land Size
20105m2
Local Government
Baw Baw
Lot/Plan
1/PS348622

Last Listing description (February 2021)

Location, Potential and Growth the three key words you want to hear when purchasing property. Neerim Country Cottages, Neerim is perfectly positioned on a prime 5 acre allotment offering outstanding visibility and exposure, en-route to the ski-fields of Mt Baw Baw and Toorongo Falls and in easy reach of many natural attractions and artist galleries. All within an easy 1.5 hour commute from Melbourne.

Both freehold and business are for sale as a going concern. Suited to a family owner/operator, a semi-retired lifestyle business or someone ready to take it to the next level! What a great opportunity to make a tree-change to the beautiful rolling hills of Neerim or perhaps a strategic land bank opportunity in your superfund or family trust. The possibilities are endless to either continue the business or look to redevelop the whole site as demand for sites of this quality, size and location are rare.
* 2x Self-contained, fully furnished 1 bedroom apartments

*3x Self-contained, fully furnished 2 bedroom cottages (1 wheelchair accessible)
*1x Self-contained, fully furnished, 3 bedroom cottage
*1x self contained, fully furnished 5 bedroom Lodge
*Solar heated in-ground pool, tennis court and open spaces
*Outdoor BBQ area with a fire pit
* Games room, communal meeting room with kitchen.
*Long established business with excellent reputation and return clientele
*Consistently strong year round trading figures with room to grow and expand
*Reception/ front office space
*Comfortable managers residence open plan kitchen, living and dining plus 4 bedrooms, 3 bathrooms. Cosy wood heater and reverse cycle air conditioning. 4 bay carport, 3 bay shed.
*Opportunity for further cottages subject to council approval
*The current owners are happy to provide training in every aspect of the business
*Details of the trading figures/bookings is available upon request
*Vacant land allows for this potential expansion or to attract campers or to develop a function centre for weddings and events.

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Property History for 2470 Main Neerim Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
Last Sold
$1,570,000
30 Nov 2020
  • 30 Nov 2020
    Sold for $1,570,000
  • 28 Oct 2020
    Listed for Sale Contact Agent
  • 28 Nov 2008
    Sold for $725,000
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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.

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