Back 406 Eaglehawk Road
Off Market

406 Eaglehawk Road

Eaglehawk VIC 3556

3
2
1
174 m²
519 m²
House
Last sold for $605,000
Gavin ButlerGavin Butler, last sold this property on 18 July 2025 after 27 days on market.

Overview

Significant investment opportuinty - freehold of leased premises ( 5.6% plus return )

- Central to CBD of Eaglehawk freehold premises currently leased - Excellent returns (5.6% plus) from this very sound and well maintained premises - Currently operates as professional masseur (Business not for sale) - Tenant pays rental plus outgoings - 3 year lease with options to extend - Corner allotment with business premises adjoining three bedroom home with two bathrooms - Ducted gas heating and evaporative cooling, gas heater, split system and airconditioner - Maintenance undertaken re: restumping, rewiring upgrades etc - Premises set up as reception, masseur rooms (6), 3 bedroom home with kitchen, lounge and two bathrooms - Leased at $29,263 plus outgoings (approx $6000) ie 5.6% plus return. 3 years of the 3 x 3 lease remain with options for additional years. These premises present an ideal opportunity for the astute investor to purchase a good solid home with the added bonus of the premises adjoining being set up as a masseur business. The premises are leased long term and the returns are excellent, presenting better returns than the normal residential home purchase for investment. This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary. Property Code: 1013

Features

3 bedrooms
2 bathrooms
1 carspace
174 m² floor area
519 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Eaglehawk over the last 12 months, the estimated median property value of 406 Eaglehawk Road is $595k.

Median value
$595k
Estimated value range
$260.01k - $760k
Median days on market
30
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Eaglehawk. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 406 Eaglehawk Road

2025
Sold
$605,000
Private Sale/Treaty on 18 Jul 2025 by Gavin Butler, of Gavin Butler Real Estate
2020
Sold
Undisclosed
Private Sale/Treaty on 20 Nov 2020 by Gavin Butler, of Gavin Butler Real Estate
2017
Sold
16 Feb 2017 by Craig Webster, of Webster Real Estate

Happy sellers in Eaglehawk

98%
98% of sellers in Eaglehawk reported that their sale price either exceeded or met their price expectations.

Eaglehawk stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Eaglehawk over the last 12 months.

Local market activity for 3 bedroom houses in Eaglehawk

In the last 12 months, 53 three-bedroom houses similar to 406 Eaglehawk Road, have been sold.

This represents a 4% increase in three-bedroom houses sales when compared to the previous 12 months.

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