OFF MARKET

17 Cregan Street
Walpeup VIC 3507

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 1005m2
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Property Details for 17 Cregan St, Walpeup

Building Type
Commercial
Land Size
1005m2
Local Government
Mildura
Lot/Plan
1/TP402774

Last Listing description (September 2024)

The Walpeup General Store, Post Office & residence could offer you the tree change you've been searching for. With Australia Post contract (income of approximately $50,000 - $60,000 per year for that alone!). The General Store offers convenience items, a manageable takeaway menu, along with a range of drinks & snacks. The Store offers mail sorting area, large commercial kitchen, inside dining and large drinks fridge/storage, along with a storeroom & security cameras. With an approved liquor license. At the rear of the shop front is a private 3 bedroom home. Wood heater, two evaporative coolers (1 for the house and 1 for the shop) plus new split systems for heating and cooling in all 3 bedrooms and lounge. Spacious bathroom, country style kitchen and undercovering entertaining area. Large 3 bay steel frame shed (12m x 6m) with rear lane access all on 1,010m2 (1/4 acre).

The property was recently re-clad, along with a 10.6 kW solar system (20 panels) added. With the ability to be run by solo operator or as a couple, with opening days Monday - Friday there is the possibility for even further growth. Offered on a Walk in, Walk out basis with all plant & equipment in good working order, the current vendor is willing to assist with training and handover. Liquor licence pending shortly and opposite the new tourist attraction of the Walpeup Silo Art. Located on the Mallee Highway (between Ouyen and Tailem Bend, SA) offering high traffic volumes.

Please note: the Australia Post training, accreditation & associated cost is to be paid by the purchaser.

Property History for 17 Cregan St, Walpeup, VIC 3507

A timeline of how this property has performed in the market
Last Transferred
24 Jan 2022
Listed for Rent
31 May 2013
  • 28 Mar 2024
    Listed for Sale $199,000 - $218,000
  • 24 Jan 2022
    Transferred
  • 07 Dec 2021
    Listed for Sale Expressions of Interest Closing 31/1/22
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About Walpeup 3507

The size of Walpeup is approximately 462.7 square kilometres. It has 4 parks covering nearly 4.8% of total area. The population of Walpeup in 2011 was 417 people. By 2016 the population was 154 showing a population decline of 63.1% in the area during that time. The predominant age group in Walpeup is 60-69 years. Households in Walpeup are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Walpeup work in a managers occupation. In 2011, 81.9% of the homes in Walpeup were owner-occupied compared with 84.1% in 2016.

Walpeup has 163 properties. Over the last 5 years, Houses in Walpeup have seen a 113.37% increase in median value. As at 30 September 2024:

  • The median value for Houses in Walpeup is $181,823.
There are currently 1 property listed for sale, and no properties listed for rent in Walpeup on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Walpeup.

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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.