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1/960 Heidelberg Kinglake Road, Hurstbridge$640,000
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Soldhouse

1/960 Heidelberg Kinglake Road

Hurstbridge, VIC 3099, Australia
$640,000
1 bed 1 bath 1 car166 m²

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About this property

Step into a landmark of Hurstbridge's rich past with this unique commercial offering at 1/960 Heidelberg-Kinglake Road. First opened in 1920 as 'The Ideal Store' and later renamed 'The Mutual Store,' this cherished property has long stood at the heart of the community from its days as a bustling general store to one of the first in the area to offer local deliveries via Model T Ford. Centrally located in the vibrant Hurstbridge township, just moments from the train station, this high-exposure corner site enjoys excellent foot traffic and street presence. The building features two spacious, interconnected interiors, a kitchenette, powder room, full-width veranda, large display windows, and convenient off-street parking making it versatile for a variety of uses. Currently leased on a fixed-term agreement, this is an ideal "set-and-forget" opportunity for savvy investors looking to secure a charming, low-maintenance asset with reliable returns. Rental income is $32,500 inc GST per annum for 2.5 years, with the option of one further term of 3 years.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
166 m²
Listed
3 months ago

Repayment calculator

$3,103/month
$1,551 /fortnight
Loan $512,000 at 6.10% over 30 years

Upfront costs

Deposit$128,000
Stamp duty$33,470
Conveyancing (est.)$2,000
Total upfront$163,470
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Hurstbridge

This 1-bedroom house in Hurstbridge, VIC 3099 sits within reach of public transport, local shops and nearby schools. It is listed 43% below the $1.12m median of 71 comparable houseswithin 5 km.

Schools near Hurstbridge

  • Launch Campuscombined · Unknown
  • Hurstbridge Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Hurstbridge Station/Heidelberg - Kinglake Road (bus)351 m away
  • Born Again Collectables4 m away
  • Fergusons Paddock139 m away
  • Melissa Close Reserve165 m away
  • Anzac Memorial Park226 m away

Hurstbridge at a glance

Full suburb profile
Population
3,554
Median age
41
Household income
$2,168/wk
Median rent
$420/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Hurstbridge price trend

Median sold · House 3 bed

Compound growth -1.8% / yr over 4 yrs

$888kcurrent median

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