10 Caledonia StreetSt Andrews VIC 3761
Property Details for 10 Caledonia St, St Andrews
Last Listing description (July 2017)
Freehold Only - Iconic local landmark
Private Sale - Sale By Negotiation
This is a rare and exciting opportunity to secure the freehold of the iconic St Andrews General Store complex! Undoubtedly a great investment (5.5% Return Per Annum) and with secure income under a commercial lease, with options to run until 2028, the potential here is outstanding.
Currently leased on site is the local Australia Post outlet, a general mixed business store and Folk Alley cafe complete with a beautiful brick-paved alfresco dining courtyard. The rear of the building presents an attractive self-contained, 2-bedroom mud brick residence.
- Freehold Only for sale.
- Huge potential on a substantial 1686m2
approx. allotment
- Area Under Roof Approx. 200m2
- Commercial Lease in place with ongoing rental return
- Leased as a general store, post office, cafe and attached
residence
For more information and to arrange an inspection outside open times please contact the agent.
Richard Stepney 0408 347 930
Property History for 10 Caledonia St, St Andrews, VIC 3761
- 27 Jul 2017Sold for $630,000
- 03 Jun 2017Listed for Sale $635,000
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0About St Andrews 3761
The size of St Andrews is approximately 39.6 square kilometres. It has 10 parks covering nearly 7.0% of total area. The population of St Andrews in 2016 was 1226 people. By 2021 the population was 1186 showing a population decline of 3.3% in the area during that time. The predominant age group in St Andrews is 50-59 years. Households in St Andrews are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in St Andrews work in a professional occupation.In 2021, 92.70% of the homes in St Andrews were owner-occupied compared with 90.30% in 2016.
St Andrews has 527 properties. Over the last 5 years, Houses in St Andrews have seen a 20.81% increase in median value. As at 31 January 2026:
- The median value for Houses in St Andrews is $1,635,955 while the median value for Units is $591,657.
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