2 Cusack Road, Leongatha, VIC 3953 | Property Value & History | OnTheHouse
 
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2 Cusack Road
Leongatha VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 28038m2
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Property Details for 2 Cusack Rd, Leongatha

Building Type
Commercial
Land Size
28038m2
Local Government
South Gippsland
Lot/Plan
1/PS412572

Last Listing description (October 2013)

New Lease to Metcash subsidiary: Established Mitre 10 Investment
New minimum 12 year lease from May 2013 (plus options) to thriving chain Capeview Mitre 10, majority-owned by Metcash Limited subsidiary.
Metcash: $2.845 billion* ASX top 100 company (as at 28 September 2013), recorded 128% increase in net profit after tax in the 12 months to April 2013.

Mitre 10: Growing network of over 450 stores.
28,020m2*gateway corner title with low 13%* site coverage and potential for further expansion or land subdivision and on-sale STCA.
Thriving store upgraded and extended twice to cope with increased demand since opening in 1997, most recently in 2008.
Includes major Dulux Trade Centre, formerly a freestanding business, acquired by Capeview in 2000 and relocated to the site in 2009.
Annual CPI rent reviews.
Leongatha: Commercial and retail hub of iconic dairy region with 20% increase in number of dwellings between 2001 and 2011 (South Gippsland Shire).
Rent: $264,545 pa*#
May 2014 settlement available.
Interstate and local bidding by prior arrangement.
* All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agent.
# Approximate projection as at 1 May 2014 based on CPI June 2013 Quarter.

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Property History for 2 Cusack Rd, Leongatha, VIC 3953

A timeline of how this property has performed in the market
Last Sold
$3,600,000
30 Oct 2013
  • 30 Oct 2013
    Sold for $3,600,000
  • 04 Oct 2013
    Listed for Sale Not Disclosed
  • 28 Apr 1999
    Sold for $1,000
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About Leongatha 3953

The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2016 was 5654 people. By 2021 the population was 5869 showing a population growth of 3.8% in the area during that time. The predominant age group in Leongatha is 60-69 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leongatha work in a professional occupation.In 2021, 73.80% of the homes in Leongatha were owner-occupied compared with 71.30% in 2016.

Leongatha has 3,874 properties. Over the last 5 years, Houses in Leongatha have seen a 32.63% increase in median value, while Units have seen a 45.73% increase. As at 30 November 2025:

  • The median value for Houses in Leongatha is $568,091 while the median value for Units is $426,239.
  • Houses have a median rent of $460 while Units have a median rent of $380.
There are currently 71 properties listed for sale, and 10 properties listed for rent in Leongatha on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Leongatha.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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