Back 93 High Street
Off Market

93 High Street

Terang VIC 3264

3
1
3
1 m²
1667 m²
House
Matthew WoodMatthew Wood, last sold this property on 26 May 2023 after 253 days on market.

Overview

Dual use investment

A rare opportunity for the astute investor, with 2 dwellings fronting both The Promenade and High Street in Terang's main street. Currently leased, 17 The promenade offers a 3 bedroom brick home with a large yard, returning $280 per week. Features include a large double carport, woodfire and split system, with its own access from the Promenade. The renter is long term and welcomes the opportunity to further the lease. With a commanding street frontage and currently leased by NAB, the High Street site gives the opportunity to own a commercial site in a high traffic location. Currently leased for approx $17,000 per annum, the building offers mezzanine floor storage, male and female bathrooms, 2 separate office spaces and kitchenette. Currently all on one title, the site appeals to a wide range of buyers from end users to the investor, call to request your interest today.

Features

3 bedrooms
1 bathroom
3 carspaces
1 m² floor area
1667 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Terang over the last 12 months, the estimated median property value of 93 High Street is $400k.

Median value
$400k
Estimated value range
$210k - $583k
Median days on market
46
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Terang. 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 93 High Street

2023
Sold
Undisclosed
Private Sale/Treaty on 26 May 2023 by Matthew Wood, of Harris & Wood Real Estate

Happy sellers in Terang

95%
95% of sellers in Terang reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 4 reviews in Terang over the last 12 months.

Local market activity for 3 bedroom houses in Terang

In the last 12 months, 18 three-bedroom houses similar to 93 High Street, have been sold.

This represents a 31% increase in three-bedroom houses sales when compared to the previous 12 months.

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