1/960 Heidelberg Kinglake Road
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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
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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 Collectables — 4 m away
- Fergusons Paddock — 139 m away
- Melissa Close Reserve — 165 m away
- Anzac Memorial Park — 226 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
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Full Hurstbridge marketThis listing
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