48-52 Craig StreetLong Gully VIC 3550
Property Details for 48-52 Craig St, Long Gully
Last Listing description (April 2018)
With a prime position on the corner of Craig Street and Kinross Street, Long Gully, this superb property is right in the heart of the Long Gully industrial precinct and comes with a Zoning of Industrial Three. The building is of besser brick and steel construction and is in excellent condition throughout, and features office space, staff facilities and several roller doors and access points. The main portion of the building is approx. 884M2 and is occupied by the current owner of the property who may possibly be willing to enter into a short lease back period. The balance of the property is 278M2 approx. and is occupied by an excellent tenant who has a lease until September 2017 and with a further option of 2 years. This is perfect way to own your own large warehouse whilst having some of the costs offset by a tenant. There is great access to the warehouse via the two street frontages allowing for ease of loading and parking, and an added bonus is the recent addition of 17Klw solar power generating unit on the roof. Great location and in excellent condition throughout.
Property History for 48-52 Craig St, Long Gully, VIC 3550
- 21 Jun 2017Listed for Sale $985,000.00
- 11 Dec 2008Listed for Rent - Price not available
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About Long Gully 3550
The size of Long Gully is approximately 3.4 square kilometres. It has 3 parks covering nearly 2.0% of total area. The population of Long Gully in 2016 was 3383 people. By 2021 the population was 3420 showing a population growth of 1.1% in the area during that time. The predominant age group in Long Gully is 20-29 years. Households in Long Gully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Long Gully work in a community and personal service occupation.In 2021, 53.60% of the homes in Long Gully were owner-occupied compared with 53.30% in 2016.
Long Gully has 1,921 properties. Over the last 5 years, Houses in Long Gully have seen a 40.87% increase in median value, while Units have seen a 53.39% increase. As at 28 February 2026:
- The median value for Houses in Long Gully is $548,541 while the median value for Units is $447,778.
- Houses have a median rent of $460 while Units have a median rent of $470.
Suburb Insights for Long Gully 3550
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