1/445 Belgrave-Gembrook RoadEmerald VIC 3782
Property Details for 1/445 Belgrave-Gembrook Rd, Emerald
Last Listing description (February 2018)
RE/MAX is pleased to offer this dual income commercial investment opportunity to market!
Comprising a newly built restaurant & an existing retail (mixed business) tenant' the Property sits well on some 2300 sq. M & is currently undergoing building & site improvements in preparation for sale.
Overview,
* Well exposed main road location.
* Convenient access to car parking ( front & rear )
* Net income of $156,000* p/a
Inspection by appointment only.
Please contact Vincent Golf - 0404 036 123 or Daniel Cheng - 0466 021 916 for further detail.
Property History for 1/445 Belgrave-Gembrook Rd, Emerald, VIC 3782
- 22 Dec 2025Sold for $2,500,000
- 16 Aug 2017Listed for Sale Not Disclosed
- 30 Jul 2005Sold for $640,000
Recent sales nearby
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About Emerald 3782
The size of Emerald is approximately 50.4 square kilometres. It has 21 parks covering nearly 7.5% of total area. The population of Emerald in 2016 was 5778 people. By 2021 the population was 5890 showing a population growth of 1.9% in the area during that time. The predominant age group in Emerald is 50-59 years. Households in Emerald are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emerald work in a professional occupation.In 2021, 90.40% of the homes in Emerald were owner-occupied compared with 88.40% in 2016.
Emerald has 2,477 properties. Over the last 5 years, Houses in Emerald have seen a 23.07% increase in median value, while Units have seen a 82.96% increase. As at 28 February 2026:
- The median value for Houses in Emerald is $1,029,058 while the median value for Units is $867,417.
- Houses have a median rent of $650.
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