OFF MARKET

129 Commercial Road
Yarram VIC 3971

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 1005m2
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Property Details for 129 Commercial Rd, Yarram

129 Commercial Rd, Yarram is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1913. The property has a land size of 1005m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1913
Floor Size
112m2
Land Size
1005m2
Local Government
Wellington
Lot/Plan
12/LP1893

Last Listing description (March 2019)

Phone Enquiry ID 64256
If you re considering the prospect of acquiring a centrally located home or an investment property with various possibilities and the potential to achieve both commercial and residential rental incomes at once .Or perhaps you re finally ready to take that plunge by opening up your own shop/office front and bringing that clever business idea you re so passionate about to life!
Perhaps you re a savvy business owner OR home-buyer considering the prospect of mixing both scenarios with the purchase of this fantastic two-for-one property - combining a spacious three bedroom original home AND a business front in the heart of vibrant Yarram amongst a terrific selection of other shops, supermarkets, restaurants, cafes, services and recreational facilities.

THE HISTORY:
A wonderful slice of Yarram s rich history, set on a huge 1,012sqm land parcel with rear lane access, this gorgeous weatherboard shop was originally the local Cobbler s back in 1901, with the attached double-brick home built later in 1913. The residential-zoned property has been recently repainted externally, electrically re-wired and has been re-fenced on the south boundary.
THE SHOP:
Large shop front with glass frontage, high street exposure and public street parking directly in front. Amongst a terrific strip of established businesses and services seeing a high volume of customers and passing traffic.
Comprising 3 display rooms plus an outdoor area, the shop is currently a well established vintage, collectables and bric a brac business and can either be sold with vacant possession or as an ongoing business, including registered business name, antique shop fittings and a wide range of stock.
Ideal for a broad selection of business ventures, service types and industries including convenience store, remedial, hair salon or beauty services, professional office, specialty foods, coffee/takeaway shop, retail, boutique, a new creative, artistic or commercial enterprise - or expand on the current quirky business with your own blend or twist!
THE HOME:
This charming double brick character cottage is packed with warmth and original charm, featuring soaring ceilings, exposed brick, large sash windows, solid timber architraves and wall panelling, 4 ambient fireplaces including a new Nectre wood heater in the lounge. Recently repainted externally, electrical rewiring, electric hot water service and various updates added along the way.
Comprising three generous bedrooms, an updated bathroom and rear sunroom/laundry. Open plan living/dining and kitchen with updated electric cooking appliances.
Rear lane access into a carport and storage shed and a huge backyard with a 20ft shipping container, a woodshed, chook shed and veggie garden.
A unique opportunity to become a part of, and make your own mark on Yarram s wonderful early history - imagine the possibilities!
This listing is available either with or without contents. Please contact owner for details.

Property History for 129 Commercial Rd, Yarram, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$250,000
26 Feb 2019
  • 26 Feb 2019
    Sold for $250,000
  • 13 Jun 2018
    Listed for Sale $300,000 Plus Stock
  • 12 Aug 2014
    Sold for $185,000
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About Yarram 3971

The size of Yarram is approximately 110.9 square kilometres. It has 9 parks covering nearly 5.6% of total area. The population of Yarram in 2011 was 2,168 people. By 2016 the population was 2,123 showing a population decline of 2.1% in the area during that time. The predominant age group in Yarram is 60-69 years. Households in Yarram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarram work in a managers occupation. In 2011, 67.7% of the homes in Yarram were owner-occupied compared with 67.7% in 2016.

Yarram has 1,490 properties. Over the last 5 years, Houses in Yarram have seen a 71.30% increase in median value, while Units have seen a 84.22% increase. As at 30 September 2024:

  • The median value for Houses in Yarram is $389,699 while the median value for Units is $292,267.
  • Houses have a median rent of $375 while Units have a median rent of $228.
There are currently 20 properties listed for sale, and no properties listed for rent in Yarram on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Yarram.

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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.