Positioned in a highly visible main street location on the South Gippsland Highway, this property offers excellent exposure in a thriving and growing township to secure this prime investment opportunity with a solid tenant in place.
Currently operating as a Community Opportunity Shop, the property is under a lease until 30th April 2027 with the option to renew for an additional 5 years, currently returning a rental income of $20,432.28 per annum plus GST, with the tenant paying all usual outgoings.
The size of Meeniyan is approximately 51.8 square kilometres. There are 2 parks, covering nearly 0.9% of the total area. The population of Meeniyan in 2016 was 771 people. By 2021 the population was 840 showing a population growth of 9.0% in the area during that time. The predominant age group in Meeniyan is 0-9 years. Households in Meeniyan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meeniyan work in a managers occupation.In 2021, 78.30% of the homes in Meeniyan were owner-occupied compared with 75.00% in 2016.
Meeniyan has 479 properties. Over the last 5 years, Houses in Meeniyan have seen a 10.71% increase in median value, while Units have seen a 77.07% increase. As at 31 July 2026:
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