OFF MARKET

3/106 South Gippsland Highway
Tooradin VIC 3980

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 152m2
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Property Details for 3/106 South Gippsland Hwy, Tooradin

Building Type
Commercial
Land Size
152m2
Local Government
Casey
Lot/Plan
6/PS533275

Last Listing description (November 2022)

This Pharmacy Freehold offers the astute investor a fantastic opportunity in the heart of this tightly held shopping precinct.
Anchored by longstanding blue chip neighbouring businesses including Bendigo Bank, Tooradin Super Clinic, Tooradin IGA, Tides Bar & Grill and many more.
- Securely leased at approximately $30,700pa inc gst & outgoings with fixed annual increases.

-Current lease term until June 2027 plus 2 further options of 5 years.
- 152m2 approx.
-Great signage exposure.
- Operating as a Pharmacy for approximately 10 years
With ample car park access from both the front and rear of the premises, contact our office to meet an agent on site and secure this rare opportunity today.

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 3/106 South Gippsland Hwy, Tooradin, VIC 3980

A timeline of how this property has performed in the market
Last Sold
$803,888
05 Nov 2021
  • 04 Nov 2022
    Listed for Sale Contact Agent
  • 05 Nov 2021
    Sold for $803,888
  • 19 Oct 2021
    Listed for Sale Contact Agent
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About Tooradin 3980

The size of Tooradin is approximately 27.3 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Tooradin in 2011 was 1,358 people. By 2016 the population was 1,547 showing a population growth of 13.9% in the area during that time. The predominant age group in Tooradin is 0-9 years. Households in Tooradin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tooradin work in a trades occupation. In 2011, 77.9% of the homes in Tooradin were owner-occupied compared with 80% in 2016.

Tooradin has 838 properties. Over the last 5 years, Houses in Tooradin have seen a 32.37% increase in median value, while Units have seen a 50.81% increase. As at 31 October 2024:

  • The median value for Houses in Tooradin is $897,026 while the median value for Units is $708,416.
  • Houses have a median rent of $530.
There are currently 14 properties listed for sale, and no properties listed for rent in Tooradin on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Tooradin.

Suburb Insights for Tooradin 3980

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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.