OFF MARKET

51 Main Street
Strathmerton VIC 3641

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 934m2
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Property Details for 51 Main St, Strathmerton

Building Type
Commercial
Land Size
934m2
Local Government
Moira
Lot/Plan
1/TP445992

Last Listing description (January 2022)

Come and start your next adventure, we have an outstanding opportunity to secure a parcel of land with a commercial grade building included. Both have housed a retail cafe' business to the front and residential dwelling to the back.
This is a unique opportunity to take control of a freehold for yourself to create a new business or to simply refurnish & complete what is here for a very strong commercial income.
Currently empty with previous fire damage to a internal wall & counters, this building has been a beacon with it's central location and access facing the Murray Valley Highway in the main street of Strathmerton. Endless possibilities await the new owner with previous rental history at $350 per week it won't take you long to realize the hidden potential of this building.

Rare to find & especially hard to rebuild something of this quality and structure in todays market. This property will be sold in it's current state and will go to a portfolio auction on the 30th July, if not sold earlier.
There is a huge opportunity to buy this building now as you see it and create your own portfolio going forward.
Call the selling agent Jason Hicks on 0437622612 today to book an early inspection.

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Property History for 51 Main St, Strathmerton, VIC 3641

A timeline of how this property has performed in the market
Last Sold
$185,000
27 Oct 2017
  • 02 Jul 2021
    Listed for Sale $225,000
  • 27 Oct 2017
    Sold for $185,000
  • 16 May 2014
    Listed for Sale $200,000
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About Strathmerton 3641

The size of Strathmerton is approximately 178.9 square kilometres. It has 3 parks covering nearly 0.8% of total area. The population of Strathmerton in 2011 was 942 people. By 2016 the population was 1,028 showing a population growth of 9.1% in the area during that time. The predominant age group in Strathmerton is 10-19 years. Households in Strathmerton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Strathmerton work in a labourer occupation. In 2011, 76.8% of the homes in Strathmerton were owner-occupied compared with 74.2% in 2016.

Strathmerton has 596 properties. Over the last 5 years, Houses in Strathmerton have seen a 68.81% increase in median value, while Units have seen a 41.96% increase. As at 31 October 2024:

  • The median value for Houses in Strathmerton is $334,103 while the median value for Units is $232,500.
  • Houses have a median rent of $310.
There are currently 6 properties listed for sale, and 1 property listed for rent in Strathmerton on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Strathmerton.

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