7 Station StreetYea VIC 3717
Property Details for 7 Station St, Yea
7 Station St, Yea is a 1 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 408m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (July 2020)
This is a unique opportunity to own and occupy this classic commercial freehold with triple shop front to high traffic "Station Street" plus a 1 - 3 bedroom dwelling & large workshop or storage shed to the rear on a corner allotment. Currently has an excellent Tenant on a short term lease who is keen to sign a long term. Priced to offer any investor an excellent yield.
The current Tenant has established a popular cider, wine & Ice Creamery with highly sought after produce.
Located next to the Great Victorian Rail Trail less than an hours drive from Melbournes outskirts, this building is perfectly located to take advantage of the substantial passing tourist traffic.
The property also features a practical one-bedroom flat with built-in robes, and separate kitchen and lounge area. There are 2 other rooms used as an office & storage room that could easily convert to 2 more bedrooms.
At the rear there is a courtyard and large powered shed on a concrete floor. With huge potential, this property is a must see!
For further information or to arrange an inspection please phone Kerryn Rishworth on 041234 6169
Property History for 7 Station St, Yea, VIC 3717
- 18 Feb 2020Sold for $350,000
- 27 Nov 2019Listed for Sale 450,000-495,000
- 27 Nov 2018Listed for Sale Price by Negotiation $450,000 - $495,000
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0About Yea 3717
The size of Yea is approximately 177.3 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Yea in 2011 was 1,594 people. By 2016 the population was 1,601 showing a population growth of 0.4% in the area during that time. The predominant age group in Yea is 60-69 years. Households in Yea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yea work in a trades occupation. In 2011, 75.4% of the homes in Yea were owner-occupied compared with 73.4% in 2016.
Yea has 1,415 properties. Over the last 5 years, Houses in Yea have seen a 60.99% increase in median value, while Units have seen a 59.53% increase. As at 31 July 2024:
- The median value for Houses in Yea is $577,773 while the median value for Units is $398,384.
- Houses have a median rent of $410 while Units have a median rent of $360.
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