1/57 Hitchcock AvenueBarwon Heads VIC 3227
Property Details for 1/57 Hitchcock Ave, Barwon Heads
Last Listing description (July 2023)
Colliers are excited to present For Sale a rare investment opportunity in the tightly held Barwon Heads, Shop 1, 57 Hitchcock Avenue, Barwon Heads.
Situated in the heart of Barwon Heads, this retail investment enjoys maximum exposure and foot traffic, making it an ideal any investor. Hitchcock Avenue is known for its charming streetscape, lined with a variety of boutique shops, cafes, restaurants, and specialty stores, creating a lively and welcoming atmosphere.
Don't miss this rare opportunity to secure a prime piece of Real Estate in this tightly held coastal town.
- Building area 145 square metres*
- Returning $71,608.45 per annum* NET +GST +Outgoings
- Strong trading long term tenant keen to remain.
- Current term is 1st April 2023 for 3 years.
- Two (2) further three (3) year options
- CPI annually and Market Reviews upon each further term
- All out goings are paid by the tenant.
For more information, please contact Colliers agents Chris Nanni 0438 306 361 or Ben Young on 0407 296 679
*Approx
Property History for 1/57 Hitchcock Ave, Barwon Heads, VIC 3227
- 12 Jul 2023Sold for $1,441,000
- 20 Jun 2023Listed for Sale SOLD - $1,441,000
- 22 Aug 2016Sold for $600,000
Recent sales nearby
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0About Barwon Heads 3227
The size of Barwon Heads is approximately 6.8 square kilometres. There are 13 parks, covering nearly 40.4% of the total area. The population of Barwon Heads in 2016 was 3875 people. By 2021 the population was 4353 showing a population growth of 12.3% in the area during that time. The predominant age group in Barwon Heads is 60-69 years. Households in Barwon Heads are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Barwon Heads work in a professional occupation.In 2021, 81.50% of the homes in Barwon Heads were owner-occupied compared with 78.90% in 2016.
Barwon Heads has 2,728 properties. Over the last 5 years, Houses in Barwon Heads have seen a -9.68% decrease in median value, while Units have seen a 13.81% increase. As at 31 July 2026:
- The median value for Houses in Barwon Heads is $1,391,683 while the median value for Units is $586,944.
- Houses have a median rent of $695 while Units have a median rent of $640.
Suburb Insights for Barwon Heads 3227
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