Occupying a prominent location in Stroud Villages vibrant Cowper Street shopping strip, this high exposure retail/commercial offering of two adjoining buildings on approximately 417sqm and with a wide awnings over the footpath is an outstanding investor prospect. The home of long-term tenant Stroud Pharmacy, the double-fronted weatherboard and iron building comprises two main rooms and a third room in the adjoining, corner sited building connected by a walkway. There is reverse-cycle air-conditioning in all areas, external washroom facility and a lovely rear lawn. In immaculate external and internal condition and attracting attractive rental returns, for savvy investors looking to make gains in a commercial property enjoying strong capital growth, this is a prudent investment to add to your property portfolio.
PLEASE NOTE: GST is applicable to this property
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The size of Stroud is approximately 176.9 square kilometres. It has 1 park covering nearly 23.6% of total area. The population of Stroud in 2016 was 938 people. By 2021 the population was 988 showing a population growth of 5.3% in the area during that time. The predominant age group in Stroud is 60-69 years. Households in Stroud are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Stroud work in a managers occupation.In 2021, 80.30% of the homes in Stroud were owner-occupied compared with 79.40% in 2016.
Stroud has 632 properties. Over the last 5 years, Houses in Stroud have seen a 51.27% increase in median value, while Units have seen a 58.88% increase. As at 31 March 2026:
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