79 Barrabool Road,
Highton, VIC 3216

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Map of 79 Barrabool Road

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Superb Freehold Investment in High Profile Position

Auction Location: On site in the Bell Vue Arcade

Only rarely do 'Highton Village' properties change hands. Such is the case with 79 Barrabool Road which has been owned since the complex was built in the late 1960's, and offering prime Barrabool Road frontage that extends through to the Belle Vue Arcade.

Comprising of two long standing tenancies on one title, the property presents as a blue chip investment with excellent future development potential.

• Building and land area 204m2 approx.
• Combined rent (two tenancies) $81,967 p.a
• Lease/s renewal August 2025 with 1 further option term of five (5) years
• Excellent customer carparking and pedestrian access
• Surrounded by prominent local and national businesses

Auction to be conducted on site in the Belle Vue Arcade.
Terms: 10% deposit, balance 30/60 days

Highton, 3216 demographic data

The median household income for Highton is $2,054, 48% higher than Regional Victoria's household income of $1,386. Highton has a younger age profile compared to the rest of Regional Victoria (median age 39 vs 43). Property ownership data shows 49% of property owners in Highton have a mortgage.

20,736

Population

$2,054 per week

Median household income

39 years

Median age

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Most residents

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