2/215 Kiewa Valley HighwayTawonga South VIC 3698
Property Details for 2/215 Kiewa Valley Hwy, Tawonga South
2/215 Kiewa Valley Hwy, Tawonga South is a 4 bedroom, 2 bathroom Unit. The property has a land size of 922m2.
Last Listing description (September 2024)
Boasting with consistently high occupancy rates since it was built, this property offers a unique opportunity to invest in both residential and commercial spaces, right in the heart of Tawonga South.
The property comprises of 2 x Residential Designer Apartments and 2 x Commercial Shop Fronts.
Its cleverly configured to offer prime exposure for commercial tenants, along with privacy and convenience for residents.
Commercial:
2 x shops of approximately 80sqm each, featuring -
Appealing architectural street frontage
Ducted heating and cooling
Energy-efficient double glazing
Kitchenette and toilets
Disabled access
Private parking spaces behind
Shop 1: Sassy Road
Leased until March 2026, with two further 3-year options
Shop 2: Mountain Creek Property
Leased until March 2027
Residential:
Two designer apartments, each featuring -
Bright open-plan living and dining area
Expansive sun-drenched north east facing balcony
Covered ground floor patio plus compact yard
Peaceful rural outlook to the rear
Spacious contemporary kitchen with island breakfast bar
Two bedrooms offering built-in robes, modern bathroom and full separate laundry
Carport, secure storage shed and cage
Unit 1: Furnished
Leased until March 2025.
Unit 2: Unfurnished
Leased until October 2025.
This mixed-use development enjoys a central location in a popular Alpine precinct and provides a prized combination of solid returns and diversified long-term tenancies.
Book your inspection with us today.
Property History for 2/215 Kiewa Valley Hwy, Tawonga South, VIC 3698
- 24 Sep 2024Listed for Sale $2,050,000
- 07 Aug 2024Listed for Rent $500 / week
- 27 Mar 2024Listed for Sale Not Disclosed
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About Tawonga South 3698
The size of Tawonga South is approximately 48.7 square kilometres. It has 3 parks covering nearly 85.7% of total area. The population of Tawonga South in 2011 was 837 people. By 2016 the population was 857 showing a population growth of 2.4% in the area during that time. The predominant age group in Tawonga South is 60-69 years. Households in Tawonga South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tawonga South work in a managers occupation. In 2011, 81.2% of the homes in Tawonga South were owner-occupied compared with 83.6% in 2016.
Tawonga South has 762 properties. Over the last 5 years, Houses in Tawonga South have seen a 85.61% increase in median value, while Units have seen a 60.54% increase. As at 31 October 2024:
- The median value for Houses in Tawonga South is $687,197 while the median value for Units is $565,778.
- Houses have a median rent of $450.
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