1/960 Heidelberg-Kinglake RoadHurstbridge VIC 3099
Property Details for 1/960 Heidelberg-Kinglake Rd, Hurstbridge
Last Listing description (April 2026)
SOLD By Morrison Kleeman - Step into a landmark of Hurstbridges rich past with this unique commercial offering at 1/960 Heidelberg-Kinglake Road. First opened in 1920 as The Ideal Store and later renamed The Mutual Store, this cherished property has long stood at the heart of the community from its days as a bustling general store to one of the first in the area to offer local deliveries via Model T Ford.
Centrally located in the vibrant Hurstbridge township, just moments from the train station, this high-exposure corner site enjoys excellent foot traffic and street presence. The building features two spacious, interconnected interiors, a kitchenette, powder room, full-width veranda, large display windows, and convenient off-street parking making it versatile for a variety of uses.
Currently leased on a fixed-term agreement, this is an ideal set-and-forget opportunity for savvy investors looking to secure a charming, low-maintenance asset with reliable returns. Rental income is $32,500 inc GST per annum for 2.5 years, with the option of one further term of 3 years.
Property History for 1/960 Heidelberg-Kinglake Rd, Hurstbridge, VIC 3099
- 17 Mar 2026Sold for $640,000
- 28 Oct 2025Listed for Sale Asking $650,000
- 09 May 2025Listed for Sale ESR: $630,000 - $680,000
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0About Hurstbridge 3099
The size of Hurstbridge is approximately 14.6 square kilometres. There are 8 parks, covering nearly 4.5% of the total area. The population of Hurstbridge in 2016 was 3450 people. By 2021 the population was 3554 showing a population growth of 3.0% in the area during that time. The predominant age group in Hurstbridge is 40-49 years. Households in Hurstbridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hurstbridge work in a professional occupation.In 2021, 88.20% of the homes in Hurstbridge were owner-occupied compared with 88.30% in 2016.
Hurstbridge has 1,548 properties. Over the last 5 years, Houses in Hurstbridge have seen a 6.85% increase in median value, while Units have seen a 6.24% increase. As at 30 April 2026:
- The median value for Houses in Hurstbridge is $948,564 while the median value for Units is $635,371.
- Houses have a median rent of $600 while Units have a median rent of $430.
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