46 Railway Place,
Elmore, VIC 3558

Shops & Retail

Added 1 day ago

Key property information

Land area

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of 46 Railway Place

Directions

Train stations within 5 km of 46 Railway Place, Elmore, VIC 3558 Distance
Elmore 226 m
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Exceptional Opportunity!

Freehold Retail Shop enjoys a prime location on Elmore's main road, benefiting from high visibility, steady traffic and convenient customer parking.
Modern building, in excellent condition with ample rear parking.
Currently leased at $20,800 per year to Newsagency and Tattslotto agency who have operated the business for over 30 years.
Showing a 6.7% return with tenant paying rates and outgoings.
Ideal investment.

LOCATION DETAILS:
Elmore is a charming rural township located on the western banks of the Campaspe River, just 45 km northeast of Bendigo. Positioned at the junction of the Northern and Midland Highways, it offers easy access-only a two-hour drive from Melbourne and 45 minutes to Bendigo.

Elmore, 3558 demographic data

The median household income for Elmore is $909, 34% lower than Regional Victoria's household income of $1,386. Elmore has an older age profile compared to the rest of Regional Victoria (median age 52 vs 43). Property ownership data shows 37% of property owners in Elmore have a mortgage.

847

Population

$909 per week

Median household income

52 years

Median age

Owners

Most residents

Families

Most households

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