10 Caledonia StreetSt Andrews VIC 3761
Property Details for 10 Caledonia St, St Andrews
10 Caledonia St, St Andrews is a 2 bedroom, 1 bathroom House. The property has a land size of 1688m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (July 2018)
Private Sale - Sale By Negotiation
This is a rare and exciting opportunity to secure the freehold of the iconic St Andrews General Store complex! Undoubtedly a great investment (5.5% Return Per Annum) and with secure income under a commercial lease, with options to run until 2028, the potential here is outstanding.
Currently leased on site is the local Australia Post outlet, a general mixed business store and Folk Alley cafe complete with a beautiful brick-paved alfresco dining courtyard. The rear of the building presents an attractive self-contained, 2-bedroom mud brick residence.
The huge, (approx. 1686m2 ) , allotment provides more than ample parking area, includes gardens and a large shed, with a vast proportion of the property brimming with yet untapped potential. Central to the St Andrews community and holding immense local value - now is the time to act!
-Freehold Only for sale.
-Huge potential on a substantial 1686m2
approx. allotment
-Area Under Roof Approx. 200m2
-Commercial Lease in place with ongoing rental return
-Leased as a general store, post office, cafe and attached
residence
For more information and to arrange an inspection outside open times please contact the agent.
Richard Stepney 0408 347 930
Property History for 10 Caledonia St, St Andrews, VIC 3761
- 26 Jul 2017Sold for $630,000
- 03 Jun 2017Listed for Sale $635,000
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0About St Andrews 3761
The size of St Andrews is approximately 39.6 square kilometres. It has 10 parks covering nearly 7% of total area. The population of St Andrews in 2011 was 1,137 people. By 2016 the population was 1,230 showing a population growth of 8.2% in the area during that time. The predominant age group in St Andrews is 50-59 years. Households in St Andrews are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Andrews work in a professional occupation. In 2011, 90.5% of the homes in St Andrews were owner-occupied compared with 90.3% in 2016.
St Andrews has 522 properties. Over the last 5 years, Houses in St Andrews have seen a 31.19% increase in median value. As at 31 October 2024:
- The median value for Houses in St Andrews is $1,483,130 while the median value for Units is $646,966.
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