937 Princes WayDrouin VIC 3818
Property Details for 937 Princes Way, Drouin
937 Princes Way, Drouin is a 4 bedroom, 2 bathroom House with 11 parking spaces and was built in 1950. The property has a land size of 6355m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 4 bedroom House sold in Drouin in the last 12 months.
Last Listing description (December 2025)
R3 Realtors are excited to present a rare and remarkable business/investment opportunity and welcomes you to 937 Princes Way Drouin Victoria.
If you are looking for a Garden Centre/Nursery business with quality and diverse garden products on Prince's way, Drouin, Vic. with a potential for other business {Cafes, Childcare (STCA)} or expansion of existing business, this one is for you. This nursery and garden supply business boasts a prestigious reputation, it enjoys an impeccable track record of customer satisfaction, underlining its formidable credibility and customer loyalty.
Property/Business is situated on a main road which benefits the business as it enjoys high visibility, drawing in a steady flow of customers. The business benefits from ample car parking, making it easily accessible to both locals and passersby. The premises, spread over 1.5acres acres of land and has an extensive inventory of garden products, combined with a well-structured retail space, represents a significant asset that's ready for a new owner to leverage.
Property also has a 3-bedroom house (separate lease) as well as a 1-bedroom independent bungalow (Being refurbished now) which can be rented out giving the new owners an option of having great rental income.
The business operates seven days a week, providing ample opportunities for sales and customer engagement. A team of dedicated, qualified staff is available to assist customers, ensuring a smooth operation. Overall, there is remarkable potential for growth in this business.
Some of the features/potentials of the property are:
*Potential Rental income of $125,000 per annum (Existing Business, House + Bungalow)
*Enough car Parking space
*Diverse Garden products
*E-Commerce ready
*1.5 acres of land
*Growth potential (To grow existing business or potential for other businesses)
*On Main Road (Princes Way Drouin)
*Plans for Caf and expanded carparking
*Existing database with potential to expand
*Nursery has a 5 year lease ending in July 2026 with an option of renewing for 5 more years. Nursery is happy to negotiate a new 5 year lease with the new owners.
It is conveniently located close to:
Drouin town centre,
V Line train station
Princes Highway
Future St Pauls Anglican Grammar,
short drive to Drouin West Primary School, Drouin high school
Drouin Golf & Country club.
Schedule a viewing today and unlock the potential of this beautiful property. - make this dream property yours today!
Please contact Rajesh Parwani at 0449 666 333 for more information.
Please see the below link for an up-to-date copy of the Due Diligence Check List:http://www.consumer.vic.gov.au/duediligencechecklist
All information about the property has been provided to R3 Realtors by third parties. R3 Realtors has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please note - Pictures are for illustration purposes only.
Property History for 937 Princes Way, Drouin, VIC 3818
- 18 Dec 2025Sold for $1,300,000
- 19 Nov 2025Listed for Sale Contact agent @ 0449 666 333
- 11 May 2025Listed for Sale Contact agent @ 0449 666 333
Recent sales nearby
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About Drouin 3818
The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4.0% of total area. The population of Drouin in 2016 was 12349 people. By 2021 the population was 15287 showing a population growth of 23.8% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation.In 2021, 75.80% of the homes in Drouin were owner-occupied compared with 71.70% in 2016.
Drouin has 9,835 properties. Over the last 5 years, Houses in Drouin have seen a 37.51% increase in median value, while Units have seen a 30.43% increase. As at 30 November 2025:
- The median value for Houses in Drouin is $695,113 while the median value for Units is $423,361.
- Houses have a median rent of $550 while Units have a median rent of $435.
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