396-398 Forest StreetWendouree VIC 3355
Property Details for 396-398 Forest St, Wendouree
Last Listing description (November 2024)
Unlock the potential of this exceptional mechanic/service station property situated on a highly visible corner site in the bustling suburb of Wendouree. This remarkable property is available for sale for the first time in generations. The property boasts a generous land area of 1,309 m and a well-designed floorspace of 216m2*. Whether you're an established mechanic seeking to expand or start your operations or an investor looking for a prime commercial asset, this property offers tremendous potential. Its strategic location and sizable land area make it a valuable addition to any portfolio.
Block size of 1,309 m2* - this corner site provides ample space for operations, parking, and future expansion.
The 216 m2* building offers a well-configured layout ideal for automotive services, including workshop space, office areas, and customer reception.
The location benefits from significant daily traffic, enhancing your business's profile
The property includes valuable yard space, ideal for vehicle storage, additional operational needs, or potential future expansion
Four separate roller doors and service bays
Zoned General Residential 1 (GRZ)
Expression on Interest Closing Friday 4th October 2024
*Approximately
Property History for 396-398 Forest St, Wendouree, VIC 3355
- 27 Aug 2024Listed for Sale Expression on Interest
- 18 Jun 2010Listed for Rent - Price not available
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0About Wendouree 3355
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.
Wendouree has 6,660 properties. Over the last 5 years, Houses in Wendouree have seen a 30.67% increase in median value, while Units have seen a 38.20% increase. As at 30 April 2026:
- The median value for Houses in Wendouree is $530,513 while the median value for Units is $430,387.
- Houses have a median rent of $400 while Units have a median rent of $315.
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