914 Kangaroo Ground-St Andrews RoadSmiths Gully VIC 3760
Property Details for 914 Kangaroo Ground-St Andrews Rd, Smiths Gully
Last Listing description (February 2018)
This is a rare and exciting opportunity to secure both the freehold and business at Smiths Gully General Store together. This unique investment captures the 3541m2 allotment, a seperate 3-bedroom weatherboard home requiring renovation and the well-established general store complete with Australia Post outlet, commercial kitchen and cafe dining room.
A popular venue for the many cyclists and mountain-bikers, local community groups and residents of Smiths Gully and surrounding villages, the business can be owner operated and there is scope to sculpt the business with your own personal flair. Alternatively, the premises (186m2 approx) could be leased out, together or separately from the residence (17 squares).
The huge, near 1 acre allotment provides good parking, outdoor dining tables, pretty views and garage, with a vast proportion of the allotment brimming with untapped potential. Inspection is an absolute must.
- Huge potential on a substantial 3541m2 allotment
- Become an owner operator or commercial landlord
- 3-bedroom (17 sq) weatherboard residence with powered studio and garage
For further information and to arrange an inspection contact the agent : Richard Stepney 0408 347 930
Property History for 914 Kangaroo Ground-St Andrews Rd, Smiths Gully, VIC 3760
- 17 Jun 2023Sold for $800,000
- 28 May 2022Sold for $800,000
- 20 Sep 2017Listed for Sale Not Disclosed
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About Smiths Gully 3760
The size of Smiths Gully is approximately 14.8 square kilometres. It has 9 parks covering nearly 15.5% of total area. The population of Smiths Gully in 2011 was 391 people. By 2016 the population was 366 showing a population decline of 6.4% in the area during that time. The predominant age group in Smiths Gully is 50-59 years. Households in Smiths Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smiths Gully work in a professional occupation. In 2011, 86.2% of the homes in Smiths Gully were owner-occupied compared with 89.3% in 2016..
Smiths Gully has 152 properties. Over the last 5 years, Houses in Smiths Gully have seen a 16.37% increase in median value. As at 31 October 2024:
- The median value for Houses in Smiths Gully is $1,540,989 while the median value for Units is $1,183,140.
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