Don't miss this exceptional opportunity to purchase a freehold Hangar at the Yarrawonga Aerodrome, just 3hrs drive (1hr flying time) north of Melbourne.
Close to the entrance, taxi straight out of your hangar and enjoy one of the most picturesque locations on the Murray River.
With a recent upgrade to the runway landing lights and a second upgrade due to begin where the existing taxiways will be doubled in width, Yarrawonga airport will continue to meet compliance and continue to allow access to all designated Code A aircraft.
Offering under roof
BAY 1 - approximately 260m2 and suited for larger planes
BAY 2 - approximately 168m2
Features include a huge reception/ office area, kitchen, bathroom facilities, numerous store rooms, mezzanine level. A caretaker residence would be a perfect upgrade if desired.
Currently set up as a paint shop and tenanted to one of Australia's premier plane maintenance companies Douglas Aviation, this is an opportunity to acquire the largest land holding at the aerodrome.
Call today to inspect.
The size of Yarrawonga is approximately 95.9 square kilometres. It has 10 parks covering nearly 1.6% of total area. The population of Yarrawonga in 2011 was 7,056 people. By 2016 the population was 7,916 showing a population growth of 12.2% in the area during that time. The predominant age group in Yarrawonga is 60-69 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation. In 2011, 71.2% of the homes in Yarrawonga were owner-occupied compared with 69.8% in 2016.
Yarrawonga has 6,740 properties. Over the last 5 years, Houses in Yarrawonga have seen a 65.01% increase in median value, while Units have seen a 96.01% increase. As at 31 July 2024:
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