50 Mclennan StreetMooroopna VIC 3629
Property Details for 50 Mclennan St, Mooroopna
Last Listing description (July 2011)
Continually brings in the Dough!
Marvellous freehold investment opportunity here with this main street Mooroopna Property. Billy's Bakehouse has been established some 17 years and is going as strong as ever. Annual rental $29,745 pa plus outgoings, new 4 year lease with 2 further options of 4 years each and all located on Business 1 zoned land of 1054 sq m.
The large shop and residence has a prominent location in Mooroopna's main shopping strip and enjoys excellent rear access and parking as well.
Additional feature/s - 2 x 4 year options.
Property History for 50 Mclennan St, Mooroopna, VIC 3629
- 15 Apr 2011Listed for Rent - Price not available
- 25 Mar 2011Listed for Sale $350,000 FIRM
- 09 Apr 2009Sold for $297,000
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0About Mooroopna 3629
The size of Mooroopna is approximately 37.7 square kilometres. It has 24 parks covering nearly 18.9% of total area. The population of Mooroopna in 2016 was 7942 people. By 2021 the population was 8312 showing a population growth of 4.7% in the area during that time. The predominant age group in Mooroopna is 60-69 years. Households in Mooroopna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mooroopna work in a labourer occupation.In 2021, 65.00% of the homes in Mooroopna were owner-occupied compared with 63.30% in 2016.
Mooroopna has 4,409 properties. Over the last 5 years, Houses in Mooroopna have seen a 77.88% increase in median value, while Units have seen a 72.30% increase. As at 31 December 2025:
- The median value for Houses in Mooroopna is $470,519 while the median value for Units is $332,203.
- Houses have a median rent of $500 while Units have a median rent of $360.
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