Property Details for 239 Commercial Rd, Yarram
Last Listing description (March 2022)
Known as the "Victoria Arcade" and positioned in the centre of town is this commercial investment opportunity. The Arcade as a whole has 7 retail/office spaces.
For Sale is one Title that has three tenanted retail stores. All three shops are currently leased with a combined net income of approx. $15,280 per annum (Excluding outgoings).
Rarely does a property of this calibre come onto the market, do not miss this opportunity to acquire a well performing commercial asset in the heart of town.
Title For Sale:
239-241 Commercial Road
Situated on its own individual title, 239-241 Commercial Road, comprises of three fully leased tenancies with two having main road exposure. This building retains significant heritage appeal with its original bull nose veranda still intact. Currently returning $15,280 pa (Excluding outgoings). Adjoining the Victoria Arcade, this site has shared amenities and an open sitting area.
Situated on approx. 415 square metres of Commercial 1 Zoned land, this property is surrounded by ample parking and has rear lane access off Commercial Lane.
Asking: $270,000
This is a great opportunity to invest in a prominent commercial property on the main street! Contact us today for more information 03 5182 5611
Property History for 239 Commercial Rd, Yarram, VIC 3971
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0About Yarram 3971
The size of Yarram is approximately 110.9 square kilometres. It has 9 parks covering nearly 5.6% of total area. The population of Yarram in 2016 was 2135 people. By 2021 the population was 2136 showing a population growth of 0.0% in the area during that time. The predominant age group in Yarram is 60-69 years. Households in Yarram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarram work in a labourer occupation.In 2021, 73.40% of the homes in Yarram were owner-occupied compared with 67.70% in 2016.
Yarram has 1,518 properties. Over the last 5 years, Houses in Yarram have seen a 37.16% increase in median value, while Units have seen a 32.13% increase. As at 31 March 2026:
- The median value for Houses in Yarram is $427,684 while the median value for Units is $349,947.
- Houses have a median rent of $375 while Units have a median rent of $228.
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