62 Watton Street, Werribee, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

62 Watton Street
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 167m2
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Property Details for 62 Watton St, Werribee

Building Type
Commercial
Land Size
167m2
Local Government
Wyndham
Lot/Plan
4/PS340971

Last Listing description (October 2020)

Create real estate commercial, as the exclusive selling agent, is delighted to present the opportunity to purchase 62 Watton street, Werribee, superbly positioned and highly sought-after location surrounded by major retailers.
Welcome to the hustle and bustle of Watton street, Werribee, this prime opportunity to own a piece of this striving retail strip in a 1-3 year lease (a new 3-year lease to a long-term standing quality tenant 'Uncle Leos Pizza').
With ample parking, catering for the multitude of customers that visit the retail precinct, it is a business opportunity with a steady annual rental income GST and outgoings.

Located in the central Werribee retail precinct this property is ideal for your portfolio or superannuation fund. Very rare in this tightly held location, literally walking distance to everything including train and bus station it will surely make this property an ideal long-term investment.
Property features:
- Massive exposure, surrounded by distinguished retailers, eateries and high foot and car traffic
- Access to Watton Street
- Close to all major facilities and arterials
- Within a major growth centre
- Surrounded by thriving residential growth corridor
- A proactive council The activity centre zone
- Minutes' drive form Pacific Werribee

The property would ideally suit an owner occupier, investor or multi-level development.
Please contact: David Nguyen 0416 779 779 OR Harris Ryan 0450 805 714 for more information.

Property History for 62 Watton St, Werribee, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$1,315,000
16 Jul 2020
  • 16 Jul 2020
    Sold for $1,315,000
  • 11 Oct 2019
    Listed for Sale Contact Agent
  • 01 Feb 1997
    Sold for $272,500
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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 29,981 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 202 properties listed for sale, and 112 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1649 properties were sold in the past 12 months in Werribee.

Suburb Insights for Werribee 3030

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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.