121 Marine ParadeSan Remo VIC 3925
Property Details for 121 Marine Pde, San Remo
Last Listing description (July 2024)
Perfectly located in a vibrant seaside town in a premium main street location across from the Bay in the local shopping precinct. The freehold is surrounded by key amenities including medical centre, pharmacy, supermarkets, retail shops, schools, Hotels and jetty at the end of the road.
Key Features:
335m2 of Commercial 1 Zoned land benefiting from a street frontage which allows access to a rear yard
Lease 5 x 5 x 5 commencing 20/09/2020
2% annual increase
2 bedroom residence above shop with north facing water views over Westernport Bay
Income $37,454.00 per annum plus GST plus outgoings
Longstanding Fish & Chip Shop business occupancy.
The land footprint can accommodate further expansion with rear access.
San Remo is a rapidly expanding seaside township which continues to attract increasing numbers of tourists and permanent residents.
Disclaimer - We have obtained all information in this document from sources we believe to be reliable. However, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. www.1stre.com.au
Property Code: 2546
Property History for 121 Marine Pde, San Remo, VIC 3925
- 19 Dec 2022Listed for Sale $950,000 to $980,000
- 16 Aug 2002Sold for $375,000
- 18 Mar 1993Sold for $160,000
Recent sales nearby
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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 2,180 properties. Over the last 5 years, Houses in San Remo have seen a -4.61% decrease in median value, while Units have seen a -3.72% decrease. As at 31 July 2026:
- The median value for Houses in San Remo is $776,632 while the median value for Units is $477,429.
- Houses have a median rent of $585 while Units have a median rent of $360.
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