$475,000
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29 Browning Street, Orbost VIC 3888

House
42140.0
Block size: 1194 m² approx.

Great Investment in the heart of Orbost

Here is a great opportunity to start your property portfolio or add to your existing investment portfolio. This large large home which is commercially zoned property sits on a 1194m allotment and is located right in the heart of Orbost, directly next to the Police Station and Court House. The home has been converted to offices and is currently tenanted by a Victorian State Government client, with a secure lease in place for the next two years, with another three-year option.

The well-maintained brick building on the site has been configured with four consultancy rooms, a large open office space with enough room for five workstations and storage cabinets, a large kitchen/lunchroom and two bathrooms. The building has two separate front entries which provides the possibility of two tenancies operating from the site, each with its own bathroom, and with the kitchen attached to either tenancy (or shared).

A large yard with a children's playground, vegetable garden and outdoor seating area sits behind the current building and a small storage shed is located alongside. There is ample off-street parking for staff and clients, with the carpark able to accommodate up to 18 cars.

This is a great opportunity to purchase a secure investment with a reliable long-term tenant set and forget! Going forward, the new owner may have the opportunity to better utilise the current fit-out to accommodate two or more tenants or even extend the current building on this large site (STCA).

Orbost is a thriving Regional town with a Regional hospital, medical centre and health facilities as well as an aged care home and retirement village. There are a variety of government departments such as DWELP, Parks, Vicroads, Centrelink, Medicare, Ambulance service, water department, Gas works and a Shire Depot and a large Secondary college and primary schools. This can also create a demand for commercial offices. Orbost is approximately a four and a half hour drive from Melbourne or Canberra.

Please view our Virtual Tour and contact Richard Ivey on 0401 113 310 for more information.

Features include: Air conditioning,Fully fenced,Shed

Inspections

No open inspections scheduled.

Send an enquiry

Contact Richard Ivey to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
14
Property type:
House
Block Size:
1194 *
EER:
0.0

Other Details

Section:
10
Legal description:
14B~10\PP5618
Coast to Country Real Estate Pty Ltd

Maps and area information

Block information
Block size: 1194 (approx)
Legal description: 14B~10\PP5618
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
13 Jul 2016
Sold
Elders Real Estate Bairnsdale_
Listed: 01/03/2016
Transfer type: Full transfer

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Orbost suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
55 years
Population
2,264
Listing ID: 181141602. This listing has been viewed 64 times. It was first displayed on 11/11/2022 and last updated on 14/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.