OFF MARKET

168 Day Avenue
Omeo VIC 3898

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 489m2
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Property Details for 168 Day Ave, Omeo

Building Type
Commercial
Land Size
489m2
Local Government
East Gippsland
Lot/Plan
42/PP5617

Last Listing description (May 2015)

Excellent Family Business opportunity to establish and be the only Chinese/Asian Restaurant in town. Liquor License available for transfer.
Separate kitchen with commercial fittings, large store room, a private residence/staff room with own shower and toilet, with room to expand. Customer toilet block and large back yard. Open fire place surrounded by original brickwork adds to the unique charm of the building.
Seating capacity of 39 with expansion opportunity.

Plant and equipment comprises of too many items to mention, some of which are, commercial oven/s x 2, tables,chairs, fridges, crockery cutlery and much more.
Previously run as a licensed pizza restaurant/takeaway outlet. Three Phase Power connected.

Property History for 168 Day Ave, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$90,000
14 Sep 2001
  • 14 Jan 2014
    Listed for Sale $150,000
  • 27 Nov 2007
    Listed for Sale Not Disclosed
  • 14 Sep 2001
    Sold for $90,000

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About Omeo 3898

The size of Omeo is approximately 587.9 square kilometres. It has 6 parks covering nearly 87.8% of total area. The population of Omeo in 2011 was 488 people. By 2016 the population was 388 showing a population decline of 20.5% in the area during that time. The predominant age group in Omeo is 60-69 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation. In 2011, 69.6% of the homes in Omeo were owner-occupied compared with 70.3% in 2016.

Omeo has 651 properties. Over the last 5 years, Houses in Omeo have seen a 78.80% increase in median value, while Units have seen a 234.79% increase. As at 31 October 2024:

  • The median value for Houses in Omeo is $383,299 while the median value for Units is $242,902.
  • Houses have a median rent of $220.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Omeo on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Omeo.

Suburb Insights for Omeo 3898

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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.