40 Camp StreetWatchem VIC 3482
Property Details for 40 Camp St, Watchem
Last Listing description (August 2022)
Here is an opportunity to purchase a business and a home. The current owners have after 15 years run out of puff and this General Store needs someone to breath some new life into it. We are selling the Freehold, plant and equippment and a 3 bedroom home all for the one price. There is enormous scope for the business to grow off the back of it's frontage to the Sunraysia Hwy and popularity of the beautiful Watchem Lake. The jewel in the crown of the business at the moment is the Post office which provides an excellent income on it's own. The home is 3 bedrooms and is in need of plenty of TCL, with a basic kitchen and bathroom. The shop has a large walk in cool room, toilets, carport and a large garage with power and concrete floor. The shop also has 14 panel solar system cutting the power bill significantly plus enough equipment to start up Take Away food again.
The council rates are $1453pa.
Inspections can be arrange by contacting the selling agent.
Property History for 40 Camp St, Watchem, VIC 3482
- 16 Aug 2022Sold for $180,000
- 05 Jul 2022Listed for Sale UNDER CONTRACT
- 07 Sep 2007Sold for $70,000
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About Watchem 3482
The size of Watchem is approximately 112.9 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Watchem in 2011 was 455 people. By 2016 the population was 116 showing a population decline of 74.5% in the area during that time. The predominant age group in Watchem is 60-69 years. Households in Watchem are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Watchem work in a managers occupation. In 2011, 83.6% of the homes in Watchem were owner-occupied compared with 69.6% in 2016..
Watchem has 146 properties. Over the last 5 years, Houses in Watchem have seen a 108.18% increase in median value. As at 31 October 2024:
- The median value for Houses in Watchem is $178,630 while the median value for Units is $362,883.
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