18 High StreetRushworth VIC 3612
Property Details for 18 High St, Rushworth
Last Listing description (September 2021)
Freestanding IGA Supermarket situated on a highly strategic main street site of 1,731sqm* comprising of a building area of 600sqm*
Located in the main street of Rushworth and surrounded by national retailers including Bendigo Bank and Australia Post
5 Year net lease to very experienced IGA operators
Highly convenient supermarket design ideally catering for the needs of the catchment which comprises predominantly of retirees
Located adjacent a major development of the Goulburn Valley Aged Care Facility with a $10,000,000 investment from the Victorian Government
Net income of $70,452* with annual CPI increases providing guaranteed income growth
For Sale Via Public Expression of Interest Closing Thursday 26th April 2018 at 5.00PM (AEST)
*approx
Property History for 18 High St, Rushworth, VIC 3612
- 02 Sep 2021Listed for Sale SOLD - Price Withheld
- 07 May 2018Sold for $955,000
- 16 Mar 2018Listed for Sale Not Disclosed
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About Rushworth 3612
The size of Rushworth is approximately 179.7 square kilometres. It has 2 parks covering nearly 19.8% of total area. The population of Rushworth in 2011 was 1,380 people. By 2016 the population was 1,320 showing a population decline of 4.3% in the area during that time. The predominant age group in Rushworth is 60-69 years. Households in Rushworth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rushworth work in a labourer occupation. In 2011, 79% of the homes in Rushworth were owner-occupied compared with 77.9% in 2016.
Rushworth has 971 properties. Over the last 5 years, Houses in Rushworth have seen a 76.16% increase in median value, while Units have seen a 58.31% increase. As at 31 October 2024:
- The median value for Houses in Rushworth is $344,972 while the median value for Units is $285,513.
- Houses have a median rent of $408.
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