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76 High Street, Terang$172,500

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76 High Street

Terang, VIC 3264, Australia

$172,500

1 bed 1 bath134 m²

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About this property

Located in the main street of the popular and vibrant town of Terang in Victoria's South-West - on the Princes Highway 212 kilometres south-west of Melbourne and 45 kilometres from Warrnambool, is this entry-level opportunity to purchase a commercial freehold property. Currently the home of Leehane's Country Meats - the town's only dedicated butcher store - which has a lease in place until June 2031, with a further 5-year option after that. At the price of $172,500 - this offers a net return of 8% on the current rental of $13,801.07, plus the tenant pays outgoings. Disclaimer: For Statement of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.

Property Details

Property Type: house
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Land Area: 134 m²
Listed: 3 months ago

Repayment calculator

$836/month

$418 /fortnight

Loan $138,000 at 6.10% over 30 years

Upfront costs

Deposit$34,500

Stamp duty$5,420

Conveyancing (est.)$2,000

Total upfront$41,920

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 Terang

This 1-bedroom house in Terang, VIC 3264 sits within reach of public transport, local shops and nearby schools. It is listed 74% below the $672,500 median of 17 comparable houseswithin 5 km.

Schools near Terang

Terang Collegecombined · Prep-12 · CoEd

What's nearby

Terang 1 (train) — 669 m away
Terang Butchery — 54 m away
Mary Bradshaw Avenue — 173 m away
Apex Park — 234 m away
Unnamed — 572 m away

Terang at a glance

Full suburb profile

Population: 2,254
Median age: 49
Household income: $1,162/wk
Median rent: $225/wk
Median mortgage: $1,066/mo

Source: ABS Census.

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