OFF MARKET

24 Market Street
Trentham VIC 3458

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 34m2
Land area: 302m2
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Last updated 18 Nov 2024
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Property Details for 24 Market St, Trentham

24 Market St, Trentham is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 302m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1960
Floor Size
34m2
Land Size
302m2
Local Government
Hepburn
Lot/Plan
1/TP246839

Last Listing description (November 2024)

Last chance of this prime commercial opportunity in Trentham.

Seize the chance to establish your business in the heart of Trentham, just off the main shopping strip. This prime block is strategically positioned just meters from the Hub of Trentham Village.

Located at 24 Market Street, this prime commercial block offers approximately 300m? of space just off the main shopping strip of Trentham. Perfectly situated In the beautiful treed Market Street this site presents a fantastic opportunity for entrepreneurs to establish their own business. With its Commercial 1 zoning, there is potential to build a shop/residence subject to council approval (STCA), making it an ideal spot for retail ventures.

Trentham?s property market has shown buoyancy, with excellent sales results reflecting a trend of city dwellers relocating to the region. The area boasts a diverse socio-economic mix and a growing population, supported by expanding infrastructure. With increasing demand for retail spaces, this opportunity is perfect for both start-ups and established businesses looking to thrive in a picturesque and evolving community just an hour from Melbourne.

Key Features Include:
Zoning: Commercial 1
Size: 302 m? with multi potential
Could be retail premises and Dwelling STCA
Location: Part of the newly developing pedestrian precinct in a rapidly growing regional township
Positioned in a vibrant area with high foot traffic
Market Insights include Retail Growth: High demand in the area, providing a mix of opportunities for both start-ups and established businesses.
Property Market Trends: Strong buoyancy with excellent sales reflecting an ongoing shift from city living to regional lifestyle.
Community: A diverse socio-economic mix with a growing population and expanding local infrastructure.
Ideal for Entrepreneurs looking to start a new venture
Investors seeking to capitalize on Trentham's thriving tourism and lifestyle market.

Don?t miss out on this fantastic development opportunity in a picturesque and rapidly developing township. For more information or to arrange a viewing, please contact us today.

Property History for 24 Market St, Trentham, VIC 3458

A timeline of how this property has performed in the market
Last Sold
$200,000
23 Jun 2017
  • 12 Oct 2024
    Listed for Sale $410,000 - $450,000 Commercial Development Potential!
  • 06 Nov 2020
    Listed for Sale $429,000
  • 23 Jun 2017
    Sold for $200,000
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About Trentham 3458

The size of Trentham is approximately 51.3 square kilometres. It has 2 parks covering nearly 20.3% of total area. The population of Trentham in 2011 was 1,410 people. By 2016 the population was 1,156 showing a population decline of 18.0% in the area during that time. The predominant age group in Trentham is 60-69 years. Households in Trentham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Trentham work in a professional occupation. In 2011, 83.9% of the homes in Trentham were owner-occupied compared with 80.7% in 2016.

Trentham has 1,139 properties. Over the last 5 years, Houses in Trentham have seen a 55.79% increase in median value, while Units have seen a 7.63% increase. As at 31 October 2024:

  • The median value for Houses in Trentham is $969,039 while the median value for Units is $667,543.
  • Houses have a median rent of $485.
There are currently 8 properties listed for sale, and no properties listed for rent in Trentham on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Trentham.

Suburb Insights for Trentham 3458

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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.