SOLD
Sold on 06 Mar 2024 for $370,000

2 Ranceby Road
Poowong VIC 3988

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 302m2
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Sold By
Barry Plant Korumburra
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Property Details for 2 Ranceby Rd, Poowong

Building Type
Commercial
Land Size
302m2
Local Government
South Gippsland
Lot/Plan
1/TP110705

Last Listing description (June 2024)

Welcome to your dream venture in the heart of the community! Nestled on a prime corner location with main street frontage, this charming 2-bedroom home with an attached shop front is a unique opportunity awaiting your creative touch.

Step into the quaint ambiance of this property, where the cozy living spaces seamlessly blend with the potential for a thriving business. The 2-bedroom home offers a warm and inviting atmosphere, providing comfort and flexibility for both living and working. With a thoughtful layout, the residence allows for a perfect work-life balance with 2 bathrooms, 1 for the shop and 1 for the residence, meaning they can be rented out separately!

The attached shop front is a blank canvas ready to be transformed into the business of your dreams. The prime location ensures high visibility, drawing in foot traffic and making it an ideal spot for your entrepreneurial endeavors. The possibilities are endless ? whether it's a boutique, caf?, studio, or any other venture, this space is brimming with potential.

What sets this property apart is its commitment to sustainability. Benefit from two separate solar systems, one dedicated to powering the house and the other exclusively for the shop. Embrace eco-friendly practices while enjoying the cost-saving advantages of renewable energy.

Don't miss the chance to own a property that combines the charm of a comfortable home with the exciting potential of a business venture. Take advantage of this unique opportunity to make your mark on the community and turn your entrepreneurial dreams into reality. Welcome home to endless possibilities!

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Property History for 2 Ranceby Rd, Poowong, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$370,000
06 Mar 2024
Listed for Rent
$200/w
29 Nov 2016
  • 06 Mar 2024
    Sold for $370,000
  • 28 Nov 2023
    Listed for Sale Not Disclosed
  • 17 Sep 2016
    Listed for Sale $200 PLUS OUTGOINGS
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About Poowong 3988

The size of Poowong is approximately 49.5 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Poowong in 2011 was 609 people. By 2016 the population was 637 showing a population growth of 4.6% in the area during that time. The predominant age group in Poowong is 60-69 years. Households in Poowong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Poowong work in a managers occupation. In 2011, 82.4% of the homes in Poowong were owner-occupied compared with 85.4% in 2016.

Poowong has 558 properties. Over the last 5 years, Houses in Poowong have seen a 83.95% increase in median value. As at 31 July 2024:

  • The median value for Houses in Poowong is $777,630 while the median value for Units is $391,229.
There are currently 9 properties listed for sale, and no properties listed for rent in Poowong on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Poowong.

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