2-4 The Arcade, Junction Village is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 361m2. While the property is not currently for sale or for rent, it was last transferred in May 2024.
Goldbank Real Estate is proud to present 24 The Arcade, Junction Village VIC 3977, a versatile corner freehold combining high-exposure retail premises with a well-appointed three-bedroom residence.Positioned on approximately 361sqm with direct exposure to the South Gippsland Highway, the property offers an outstanding opportunity for owner-occupiers, business operators and investors seeking commercial and residential accommodation within one holding.Owner-occupied for approximately 10 years, this tightly held property provides the flexibility to operate a business, occupy the residence, lease either component, or explore its longer-term potential, subject to council approval.Key Property Highlights:-Approximately 361sqm of land-Township Zone-Approximately 95sqm retail premises-Retail shop and three-bedroom residence on one title-Prominent corner-site position-Direct exposure to the South Gippsland Highway-Owner-occupied for approximately 10 years-Three-bedroom residence positioned at the rear-Built-in robes to all bedrooms-Master bedroom with private ensuite-Two bathrooms-Open-plan kitchen and living area-Split-system heating and cooling-Double garage-Convenient rear laneway access-Located within the growing Junction Village area-Longer-term improvement or redevelopment potential, subject to council approvalA Versatile Commercial and Residential Freehold:The property's prominent corner position provides excellent visibility and exposure, making it well suited to a range of commercial uses. The approximately 95sqm retail premises is complemented by the adjoining residence, creating a practical opportunity for buyers wanting to operate a business and live on-site.The residential component offers comfortable accommodation with three bedrooms, two bathrooms, an ensuite to the master bedroom, open-plan living and a double garage. Rear laneway access further enhances the property's accessibility and overall functionality.Ideal for Owner-Occupiers, Business Operators and Investors:Whether you are looking to establish or relocate your business, secure your own commercial premises, create a convenient work-and-live arrangement, or acquire a mixed-use freehold with leasing potential, 24 The Arcade offers exceptional flexibility at an accessible price point.Properties combining retail premises, a three-bedroom residence, freehold ownership, and prominent highway exposure are rarely offered to the market.For further information or to arrange an inspection, Contact Sukhdeep Singh on 0412 003 466, Vikram Raichura on 0413 396 797 or AP Sidhu on 0468 413 000
The size of Junction Village is approximately 1.4 square kilometres. There are 5 parks, covering nearly 5.3% of the total area. The population of Junction Village in 2016 was 1017 people. By 2021 the population was 1051 showing a population growth of 3.3% in the area during that time. The predominant age group in Junction Village is 70-79 years. Households in Junction Village are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Junction Village work in a trades occupation.In 2021, 73.20% of the homes in Junction Village were owner-occupied compared with 85.20% in 2016.
Junction Village has 1,362 properties. Over the last 5 years, Houses in Junction Village have seen a 11.38% increase in median value, while Units have seen a 61.20% increase. As at 31 August 2026:
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