65 Tyers StreetStratford VIC 3862
Property Details for 65 Tyers St, Stratford
Last Listing description (January 2025)
This commercial investment opportunity presents a rare chance to acquire a substantial building with ample land in a rapidly growing community.
The property is anchored by a strong branded tenant, who is committed to a lease until 2029, with two additional 5-year renewal options. This ensures a stable and reliable income stream for the foreseeable future.
The lease includes annual Consumer Price Index (CPI) adjustments, guaranteeing that rental income will keep pace with inflation and market trends.
Strategically located with prime Princes Hwy frontage in the center of town, the property benefits from high visibility and significant foot traffic. The community around it is expanding quickly, enhancing the property's potential for long-term appreciation and increased demand.
Overall, this commercial building offers a solid investment with secure tenancy, favourable lease terms, and a prime location. It stands as a promising asset for investors seeking growth and stability in a vibrant and expanding area.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 65 Tyers St, Stratford, VIC 3862
- 29 Oct 2024Sold for $1,200,000
- 18 Jul 2024Listed for Sale $1,250,000
- 13 Jul 1992Sold for $128,500
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0About Stratford 3862
The size of Stratford is approximately 150.5 square kilometres. There are 5 parks, covering nearly 0.1% of the total area. The population of Stratford in 2016 was 2617 people. By 2021 the population was 2980 showing a population growth of 13.9% in the area during that time. The predominant age group in Stratford is 60-69 years. Households in Stratford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stratford work in a trades occupation.In 2021, 83.70% of the homes in Stratford were owner-occupied compared with 82.30% in 2016.
Stratford has 1,936 properties. Over the last 5 years, Houses in Stratford have seen a 45.75% increase in median value, while Units have seen a 52.72% increase. As at 30 June 2026:
- The median value for Houses in Stratford is $586,564 while the median value for Units is $363,457.
- Houses have a median rent of $540.
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