166 & 166A Day Avenue, Omeo, VIC 3898 | Commercial for sale | OnTheHouse
 
FOR SALE
$520,000 + GST if applicable

166 & 166a Day Avenue
Omeo VIC 3898

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 150m2
Land area: 429m2
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TWO TITLES, COMMERCIAL AND RESIDENTIAL IN THE HEART OF OMEO

Rarely does an opportunity like this present itself in the centre of the high country township of Omeo. Comprising two titles, 166 & 166A Day Avenue combines a commercial office and retail premises at the front with a two storey, three-bedroom residence at the rear, offering owner-operators, investors and lifestyle buyers a flexible and versatile proposition.
The commercial premises extend to approximately 150sqm and are arranged across three open areas, including a space with an existing timber bar, a reception area and a further large open room. A commercial kitchen, not currently in use, offers scope and possibility for a range of hospitality or food-based ventures, and amenities at the rear complete the offering. The layout lends itself to a variety of uses, whether you are looking to establish a new business, relocate an existing one or simply secure a quality commercial address.
To the rear, the residence offers comfortable and convenient living. The open plan living, dining and kitchen area enjoys plenty of natural light, and the kitchen has been recently refurbished. Downstairs you will find the bathroom and a separate laundry, while upstairs are three bedrooms. A private backyard completes the home, providing a welcome retreat behind the commercial frontage.
Zoned Commercial 1 and positioned in the centre of Omeo, the property offers the convenience of living and working on the one site. With two separate titles, there is the flexibility to occupy, lease or hold the two components to suit your own plans. With so much on offer, inspection is highly recommended.
For further information or to arrange an inspection, please contact:
King & Heath Commercial
03 5152 3311
commercial@kingheath.com.au

Property Details for 166 & 166a Day Ave, Omeo

Building Type
Commercial
Floor Size
150m2
Land Size
429m2
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About Omeo 3898

The size of Omeo is approximately 587.9 square kilometres. There are 6 parks, covering nearly 87.8% of the total area. The population of Omeo in 2016 was 406 people. By 2021 the population was 411 showing a population growth of 1.2% in the area during that time. The predominant age group in Omeo is 50-59 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation.In 2021, 74.40% of the homes in Omeo were owner-occupied compared with 70.30% in 2016.

Omeo has 679 properties. Over the last 5 years, Houses in Omeo have seen a 25.03% increase in median value, while Units have seen a 234.79% increase. As at 31 August 2026:

  • The median value for Houses in Omeo is $418,804 while the median value for Units is $428,402.
  • Houses have a median rent of $220.
There are currently 9 properties listed for sale, and 1 property listed for rent in Omeo on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Omeo.

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Matt Baylis
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KING & HEATH FIRST NATIONAL - Bairnsdale
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