SOLD
Sold on 09 Feb 2024 for $515,000

6 Ranceby Road
Poowong VIC 3988

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 668m2
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Property Details for 6 Ranceby Rd, Poowong

Building Type
Commercial
Land Size
668m2
Local Government
South Gippsland
Lot/Plan
1/TP604520

Last Listing description (November 2023)

Welcome to a charming and inviting property that seamlessly blends residential comfort with a unique business opportunity-a 3-bedroom, 1-bathroom home with an attached shop front, fully equipped and ready to revive the beloved tradition of a fish and chip shop or cafe.

Nestled in the heart of a close-knit community, this property holds the promise of not just a home but a thriving business venture. The locals have been eagerly anticipating the return of their cherished cafe, and with ample new construction about to take place in the area it is sure to be a great success.

The residential section of this property features three cozy bedrooms, providing a comfortable haven for family living or as a potential accommodation space for those who wish to immerse themselves in the dream of business ownership.

Step into the attached shop front, and you'll find a turnkey operation awaiting its passionate proprietor. The fully equipped fish and chip shop or cafe setup includes everything needed to kick-start this culinary adventure-from industrial-grade fryers to stylish seating arrangements, it's all there. The nostalgic yearning of the locals is met with the promise of familiar flavors and cherished community connections.

The strategic location of this property ensures visibility and foot traffic, making it an ideal spot for locals and visitors alike to indulge in a delightful culinary experience. The potential for success is not just in the fully equipped kitchen but also in the warm embrace of a community eagerly awaiting the return of a beloved establishment.

Don't miss this chance to not only own a comfortable residence but also to be the heart of a community's culinary revival. It's time to turn the key, fire up the fryers, and answer the call of a community that's been waiting for the return of its milk bar. Welcome home, welcome business, welcome to a future filled with flavor and community connection.

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Property History for 6 Ranceby Rd, Poowong, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$515,000
09 Feb 2024
  • 09 Feb 2024
    Sold for $515,000
  • 13 Nov 2023
    Listed for Sale Not Disclosed
  • 13 Feb 2017
    Listed for Sale $480,000
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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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