SOLD
Sold on 04 Jun 2024 for $450,000

132 Curlewis Street
Swan Hill VIC 3585

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 619m2
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Property Details for 132 Curlewis St, Swan Hill

Building Type
Commercial
Land Size
619m2
Local Government
Swan Hill
Lot/Plan
1/TP245325

Last Listing description (April 2024)

Just fitted with a brand new roof and new solar system, this well improved commercial property enjoys prominent exposure to busy Curlewis Street (Murray Valley Highway). Leased to Laneway Music until June 2026 (plus options to 2032), the spacious commercial premises includes a front retail/showroom area, workshop space and staff kitchenette leading to a large rear studio with recording booth. The Laneway Music lease is currently returning $19,921 per annum (plus gst & outgoings) and includes the adjoining tuition facility with independent entry, 3 lesson rooms and another kitchenette. A single-bedroom, self-contained residential apartment at the rear of the property is independently leased returning an additional $693 per month providing a total annual return of $28,237. Further features include side-lane access, 2 brand new 5Kw solar generation systems, ducted reverse-cycle air conditioning and private off-street parking.

Property History for 132 Curlewis St, Swan Hill, VIC 3585

A timeline of how this property has performed in the market
Last Sold
$450,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $450,000
  • 13 Feb 2024
    Listed for Sale $495,000
  • 31 Aug 2023
    Listed for Sale $495,000
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About Swan Hill 3585

The size of Swan Hill is approximately 126.6 square kilometres. It has 37 parks covering nearly 1.8% of total area. The population of Swan Hill in 2011 was 10,430 people. By 2016 the population was 10,925 showing a population growth of 4.7% in the area during that time. The predominant age group in Swan Hill is 0-9 years. Households in Swan Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Swan Hill work in a professional occupation. In 2011, 62.6% of the homes in Swan Hill were owner-occupied compared with 62.4% in 2016.

Swan Hill has 6,562 properties. Over the last 5 years, Houses in Swan Hill have seen a 86.01% increase in median value, while Units have seen a 51.42% increase. As at 31 October 2024:

  • The median value for Houses in Swan Hill is $456,935 while the median value for Units is $349,492.
  • Houses have a median rent of $420 while Units have a median rent of $340.
There are currently 52 properties listed for sale, and 17 properties listed for rent in Swan hill on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Swan hill.

Suburb Insights for Swan Hill 3585

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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.