Here is a rare opportunity to purchase residential and commercial property in one package right in the centre of the thriving small township of Poowong. Consisting of a well maintained brick residence and 3 separate commercial premises with a combined income of $600 per week you don't have to be a genius to work out this is good buying. Set on a large flat 1/4 acre block with front and rear access the 3 bedroom dwelling features open plan living, timber kitchen with electric cooking, dishwasher, pantry and plenty of cupboards, spacious L-shaped lounge, main bathroom with bath/shower, vanity and separate toilet. A second set of 'client' toilets are located outside. Outside you will find a full concrete driveway to the 2 car garage that also has front and rear access. The front of the building is divided into 3 commercial areas, two with main street frontage currently operating an accountants office, hair dresser and Bric-a-Brac shop. Inspection by appointment only with minimum 24 hours notice.
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 80.83% increase in median value. As at 31 October 2024:
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