Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This commercial property at 12 Hay Street in Euroa offers a significant landholding with excellent strategic location, boasting immediate access to the Hume Freeway and positioning within a fast-growing regional town. The site comprises approximately 1,618 square meters laid out in a secure rectangular allotment ideal for a range of commercial uses.
Currently operating as a large storage facility featuring multiple shipping containers, this property benefits from consistent tenancy with full occupancy and low turnover, generating an estimated annual rental income of $91,000. This makes it a compelling investment for buyers seeking a steady income stream with potential for growth.
The land parcel's layout and size afford opportunity for expansion and redevelopment, subject to council approval, accommodating subdivision, further commercial development, or owner occupation. Enhanced security measures including 24-hour keypad access and surveillance cameras support operational reliability and tenant satisfaction.
Euroa’s location, approximately 1.5 hours from Melbourne, coupled with the site's position within the thriving northeast regional corridor, lends itself well to commercial operators requiring ready freeway access. This property suits visionary investors or businesses aiming to capitalize on the location and existing infrastructure while exploring future enhancements to increase revenue potential.
Local Market Insights
In Hume, Quiet Listings observed 46 new commercial properties entering the market over the last 30 days, down from 84 during the previous 30-day period, with an average advertised asking price of $1,578,217. The property type mix of listed properties is predominantly Houses at 62%, followed by land (17%), and commercial properties (13%). Ray White was the most active agency in this area, representing 26.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $795,000 | |
| $795,000 |
Location
Euroa VIC 3666
Market Insights for Euroa VIC 3666
Other properties in this postcode
