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87 Main Street, Koondrook$650,000
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87 Main Street

Koondrook, VIC 3580, Australia
$650,000
4 bed 2 bath 6 car1217 m²

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About this property

The time has come for the owners of this fantastic investment property to sell. What an opportunity for the astute investor! Full 4 bedroom residence and cafe building on an attractive 5x5 year lease including all outgoings covered by the leasee (new lease commenced 2023). Located in vibrant Murray River township - Koondrook VIC, where the Gunbower Creek meets the Murray River! Situated in the main street adjacent to Koondrook Hotel "Mates". The general store is long established and is every bit the iconic corner store. New business owners have recently taken over with trading increased significantly coupled with new extended opening hours. Landsize: 1217sqm Building size: 133sqm Shedding and carports Contact the selling agent for a private inspection.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
6
Land Area
1217 m²
Listed
3 months ago

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Upfront costs

Deposit$130,000
Stamp duty$34,070
Conveyancing (est.)$2,000
Total upfront$166,070
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 Koondrook

This 4-bedroom house in Koondrook, VIC 3580 sits within reach of local shops and nearby schools. It is listed 67% above the $390,000 median of 40 comparable houseswithin 5 km.

Schools near Koondrook

  • Koondrook Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Barham IGA1.4 km away
  • Barham Lakes Complex (Closed)814 m away
  • Koondrook Recreation Reserve857 m away
  • Riverside Park1.4 km away

Koondrook at a glance

Full suburb profile
Population
1,101
Median age
54
Household income
$973/wk
Median rent
$200/wk
Median mortgage
$1,105/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Koondrook price trend

Median sold · House 3 bed

Compound growth +8.7% / yr over 4 yrs

$450kcurrent median

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