SOLD
Sold on 05 Apr 2024 for $255,000

4/37 Brooke Street
Smythesdale VIC 3351

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 127m2
Land area: 98m2
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Property Details for 4/37 Brooke St, Smythesdale

Building Type
Commercial
Floor Size
127m2
Land Size
98m2
Local Government
Golden Plains
Lot/Plan
4/PS709740

Last Listing description (November 2023)

Colliers Ballarat is pleased to offer for sale unit 4, 37 Brooke Street, Smythesdale. This sensational property is securely leased to Majestic Meats and would make a great addition to any investment portfolio. Located close to the Post Office and Country Grocers Supermarket, don't miss your chance to secure a property in this tightly held locale.

- Total building area of 65sqm*
- Total land area of 98sqm*

- Secure lease to Majestic Meats to 2026
- Income of $11,231.40 per annum
- Favourable CPI increases
- Main street exposure Brooke Street
- Adjacent to local post office
- Commercial 1 zoned
- 2 carparks available at the rear

For sale: $295,000 + GST (if applicable)

For further information, please contact Colliers agent Lauchlan Waddell on 0407 520 725.

*Approximately.

Property History for 4/37 Brooke St, Smythesdale, VIC 3351

A timeline of how this property has performed in the market
Last Sold
$255,000
05 Apr 2024
  • 05 Apr 2024
    Sold for $255,000
  • 02 Nov 2023
    Listed for Sale $295,000 + GST
  • 30 Oct 2013
    Sold for $123,600

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About Smythesdale 3351

The size of Smythesdale is approximately 41 square kilometres. It has 1 park covering nearly 35.6% of total area. The population of Smythesdale in 2011 was 848 people. By 2016 the population was 1,025 showing a population growth of 20.9% in the area during that time. The predominant age group in Smythesdale is 0-9 years. Households in Smythesdale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smythesdale work in a trades occupation. In 2011, 89.4% of the homes in Smythesdale were owner-occupied compared with 92.2% in 2016.

Smythesdale has 648 properties. Over the last 5 years, Houses in Smythesdale have seen a 86.50% increase in median value. As at 31 October 2024:

  • The median value for Houses in Smythesdale is $630,328 while the median value for Units is $210,926.
There are currently 17 properties listed for sale, and 1 property listed for rent in Smythesdale on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Smythesdale.

Suburb Insights for Smythesdale 3351

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.