1/86 Back Beach RoadSan Remo VIC 3925
Property Details for 1/86 Back Beach Rd, San Remo
Last Listing description (August 2024)
Freehold Shop Housing a Specialist Beauty Business This standout neighbourhood location with on going exposure to the steady and increasing township traffic flow to major residential subdivisions is an ideal property to add to a port folio or a single long-term investment. The building is robust, solid and near new. Shop size 163.8 m.sq. Rent currently $35,880 per annum ($690 per week). Lease commenced 01/11/2023 for 2 years with annual CPI increases. Commercial outgoings are payable by tenant. Note: This is the shop only and includes 1 garage space. The unit garage and stairs are not part of the shop title. Price: $820,000-$895,000 (No GST as going concern).
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Property History for 1/86 Back Beach Rd, San Remo, VIC 3925
- 14 Aug 2024Listed for Sale $820,000-$895,000
- 10 May 2022Listed for Sale $795,000
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0About San Remo 3925
The size of San Remo is approximately 15.3 square kilometres. There are 2 parks, covering nearly 0.5% of the total area. The population of San Remo in 2016 was 1254 people. By 2021 the population was 1700 showing a population growth of 35.6% in the area during that time. The predominant age group in San Remo is 60-69 years. Households in San Remo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in San Remo work in a professional occupation.In 2021, 73.70% of the homes in San Remo were owner-occupied compared with 68.70% in 2016.
San Remo has 2,168 properties. Over the last 5 years, Houses in San Remo have seen a 2.83% increase in median value, while Units have seen a -5.88% decrease. As at 30 April 2026:
- The median value for Houses in San Remo is $796,721 while the median value for Units is $447,664.
- Houses have a median rent of $600 while Units have a median rent of $370.
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