88A Bell StreetYarra Glen VIC 3775
Property Details for 88a Bell St, Yarra Glen
88a Bell St, Yarra Glen is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 675m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (November 2022)
TWO TRUFFLES COTTAGES a quaint retreat located in the heart of Yarra Glen. This property provides a rare dual-dwelling opportunity set on a private block in a heritage corner of desirable Yarra Glen.
This lucrative investment opportunity is sold as a single title, with two dwellings, furnishings included, allowing the enterprising buyer to continue the management of this popular Bed and Breakfast without interruption. This property is also perfect for any buyer seeking a dual-occupancy situation, without the stress of building.
INTERIOR FEATURES:
Spa and toilet to each bathroom
Reverse-cycle air conditioning and wood heating
Character features include Macquarie stone facades and hardwood flooring
EXTERIOR FEATURES:
675 sqm block (approx.) with landscaped driveway and gardens
Slimline tank water storage
2 car spaces
Two Truffles Cottages has demonstrated consistently high occupancy rates over the last 3 years, with a 7.7% annual return reported for financial year 21-22 and potential to increase current rates for the next financial year.
Contact us for a private viewing of the property and current booking rates.
TEXT TWOTRUFFLES TO 0448 820 022 FOR MORE INFORMATION.
Property History for 88a Bell St, Yarra Glen, VIC 3775
- 30 Aug 2022Sold for $875,000
- 27 Jul 2022Listed for Sale $900,000 - $950,000
- 06 Nov 2017Sold for $575,000
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0About Yarra Glen 3775
The size of Yarra Glen is approximately 35.1 square kilometres. It has 7 parks covering nearly 1.9% of total area. The population of Yarra Glen in 2011 was 2,611 people. By 2016 the population was 2,843 showing a population growth of 8.9% in the area during that time. The predominant age group in Yarra Glen is 0-9 years. Households in Yarra Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarra Glen work in a trades occupation. In 2011, 81.3% of the homes in Yarra Glen were owner-occupied compared with 82.4% in 2016.
Yarra Glen has 1,476 properties. Over the last 5 years, Houses in Yarra Glen have seen a 21.03% increase in median value, while Units have seen a 49.64% increase. As at 31 December 2024:
- The median value for Houses in Yarra Glen is $868,411 while the median value for Units is $652,459.
- Houses have a median rent of $723 while Units have a median rent of $370.
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