40 Phillip Island RoadNewhaven VIC 3925
Property Details for 40 Phillip Island Rd, Newhaven
Last Listing description (December 2023)
Located at the gateway to Phillip Island, this unique property stands out with its remarkable features and advantageous positioning. With an 18 meter frontage this property catches the eye of every passerby as they cross the bridge. The property spans across an impressive 652m2, the building itself covers an internal floor space of 200m2, providing a solid foundation for future endeavors.
The property's mixed zone classification offers the flexibility to continue using it as a commercial site or to explore residential options. This flexibility provides a golden opportunity for creative entrepreneurs, investors, or families looking to make the most of this prime location.
For those with a vision, the property offers the potential for expansion or redevelopment (Subject to Council Approval). The large dimensions of the property, combined with the freedom to build, make it an ideal canvas to bring your ideas to life and maximize its potential.
What truly sets this property apart is its rich history and unique character. Crafted on site by one of the founding families of Phillip Island, the current building features mud bricks that exude a sense of heritage and charm. This one-of-a-kind aspect adds a distinctive touch to the property, making it a standout choice for those looking to blend history with contemporary use.
The property is not only visually appealing but also practical. It offers ample off-street parking, ensuring convenience for visitors and customers. Additionally, the presence of a kitchenette and bathroom facilities adds to its functionality.
The property is equipped with three-phase power, providing the opportunity for a variety of businesses to operate efficiently. This modern infrastructure is a valuable asset that can cater to the diverse needs of potential occupants.
Don't miss this opportunity, contact Madison today on 5923 8119.
Property History for 40 Phillip Island Rd, Newhaven, VIC 3925
- 29 Aug 2023Listed for Sale $949,000 plus GST
- 24 Jun 2023Listed for Rent $36,000 / month
- 18 Jul 2016Listed for Sale $465,000
Commute Calculator
Recent sales nearby
See more recent sales nearbySimilar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Newhaven 3925
The size of Newhaven is approximately 6.7 square kilometres. It has 5 parks covering nearly 5.6% of total area. The population of Newhaven in 2011 was 384 people. By 2016 the population was 465 showing a population growth of 21.1% in the area during that time. The predominant age group in Newhaven is 50-59 years. Households in Newhaven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newhaven work in a professional occupation. In 2011, 73.9% of the homes in Newhaven were owner-occupied compared with 76.3% in 2016.
Newhaven has 478 properties. Over the last 5 years, Houses in Newhaven have seen a 51.62% increase in median value, while Units have seen a 62.57% increase. As at 31 October 2024:
- The median value for Houses in Newhaven is $813,898 while the median value for Units is $615,369.
- Houses have a median rent of $308.
Suburb Insights for Newhaven 3925
Market Insights
Newhaven Trends for Houses
N/A
N/A
View TrendN/A
N/A
Newhaven Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
