3A/133 Watton Street, Werribee, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

3A/133 Watton Street
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8107m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 3a/133 Watton St, Werribee

Building Type
Commercial
Land Size
8107m2
Local Government
Wyndham

Last Listing description (April 2023)

The Leasing Agency is pleased to present for sale Narocha Werribee, a premium cake and bubble tea cake shop business with countless loyal customers.

Narocha is one of Melbourne's fastest growing bubble tea chains operating several outlets across Victoria with more underway. Narocha prides itself on delivering fresh and natural tea products which taste as good as they look.


This opportunity will suit a bubbly franchisee looking to share Narocha's love for its bubble tea products on bustling Watton Street.

This business opportunity features:

+ Strong performing business trading throughout Covid, maintaining consistent sales instore and on delivery platforms.

+ Immaculate fitout featured in design magazines with an open plan layout of 100sqm*

+ Ongoing support and training in areas including operations and marketing from Narocha

+ Well-structured lease with a modest rental, ensuring the long term sustainability of the business

+ Prominent frontage on tightly held Watton Street surrounded by various established operators including KFC, Coles, Australia Post, Augustus Eatery, Direct Chemist Outlet, A1 Bakery, Cuts N Curls and many more

Werribee's bubble tea drinking population is on the rise. Take advantage of this opportunity and start trading immediately!

*approx.

---

The Leasing Agency strives to provide the most attentive services on the market.

Here's how we can assist:

Tenant Representation

The Leasing Agency has represented high-profile occupiers in all sectors of the commercial market. We leverage our expertise and relationships to help you form a growth strategy that gives you the edge to secure opportunities for the right price and on the right terms.

Lease Assignment

Whether your business is upsizing, downsizing or relocating, The Leasing Agency can assist with developing an exit strategy that minimises liability. By providing lease disposal advice and managing the marketing and documentation process, we can guide you through the lease assignment process while eliminating your risk exposure.

Business Brokerage

By appointing The Leasing Agency to sell your business, you gain access to our extensive network of local and international clients who are always on the lookout for fresh opportunities. Our comprehensive service ensures you maximise the sale price of your business - from effective marketing and careful negotiation through to the final handover process.

Renewal Negotiation

The lease renewal process can be stressful for many businesses and negotiating the right terms for the coming years is critical for the ongoing success. The Leasing Agency is associated with a number of industry-leading valuers who offers expert advice throughout the renewal negotiation process with strong supporting evidence to back our claim.

Leasing Services

The Leasing Agency is the acknowledged market leader in commercial leasing. Our attentive services, tireless work ethic and balanced approach have earned us the reputation of leasing experts. We pride ourselves in being leasing specialists and this focus has distinguished us from traditional real estate agencies in the market.

Asset Management

At The Leasing Agency, we value relationships with our tenants and landlords. We believe by maintaining a balanced relationship, we can achieve an optimal long-term outcome and safeguard the return on your hard-earned investment. As proactive property experts, we keep up to date on current market trends and constantly strive to add value to your portfolio.

Development Advisory

The success of a commercial project relies heavily on having the right tenancy mix. At The Leasing Agency, we help developers find the most ideal design efficiency ratio and involve ourselves from initial planning, through securing anchor tenants, to the final delivery. By engaging us, we can minimise the vacancy risk and maximise the development yield.

Strategic Planning

Real estate is a long game that requires meticulous planning. As leasing professionals, our fingers are on the pulse - we monitor market trends closely and are well-positioned to help assess your property strategy. We are here to assist, whether you are looking to expand your portfolio, add value to existing assets or diversify into different commercial sectors.

Property History for 3a/133 Watton St, Werribee, VIC 3030

A timeline of how this property has performed in the market
Listed for Rent
$1.18k/w
21 Apr 2023
  • 02 Jun 2022
    Listed for Rent - Price not available
Commute Calculator

About Werribee 3030

The size of Werribee is approximately 42.7 square kilometres. It has 69 parks covering nearly 8.1% of total area. The population of Werribee in 2016 was 40345 people. By 2021 the population was 50027 showing a population growth of 24.0% in the area during that time. The predominant age group in Werribee is 30-39 years. Households in Werribee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Werribee work in a professional occupation.In 2021, 63.80% of the homes in Werribee were owner-occupied compared with 65.40% in 2016.

Werribee has 29,985 properties. Over the last 5 years, Houses in Werribee have seen a 25.40% increase in median value, while Units have seen a 18.43% increase. As at 31 March 2026:

  • The median value for Houses in Werribee is $700,589 while the median value for Units is $467,981.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 196 properties listed for sale, and 119 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1637 properties were sold in the past 12 months in Werribee.

Suburb Insights for Werribee 3030

Market Insights
Werribee Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Werribee Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.