55 Wallace Street, Meredith, Vic 3333

$895,000 - $980,000

Other
Type
3
Bedrooms
2
Bathrooms
10
Parkings
4,046.86 m²
Area

Published on Thursday, March 26, 2026 ( See property details for 55 Wallace Street, Meredith, Vic 3333)

$895,000 - $980,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and versatile investment property in Meredith offering multiple income streams, extensive land, and significant future potential.

🏡 Property Highlights

  • Prime location on well-trafficked Midland Highway with high exposure
  • Versatile property with multiple income streams including residential, retail, and commercial
  • Established and successful café with fully equipped commercial kitchen
  • Long-standing retail tenant providing stable income
  • Expansive land offering flexibility for future development or business expansion
  • Onsite parking for approximately 12 vehicles in a prominent township zone

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
  • Pet-Friendly

Meredith is a vibrant township renowned for its community spirit and strategic location along Midland Highway. It offers a blend of residential living and thriving commercial activity, making it ideal for investors and entrepreneurs. The area boasts excellent transport links, local amenities, and a welcoming atmosphere. With ongoing growth and development, Meredith presents a promising opportunity for future expansion and success.

What are the current income streams generated by the property?
The property currently generates approximately $42,000 per annum from the residence and café, plus an additional $10,000 per annum from a retail tenant.
What are the future development options for the land?
The expansive land offers flexibility for various uses, including continuing existing operations, establishing a nursery, garden supplies hub, or other outdoor-focused enterprises.
Is there onsite parking available?
Yes, the property has onsite parking for approximately 12 vehicles, supporting both residential and commercial activities.
What is the property's exposure and accessibility?
Located along the well-trafficked Midland Highway within a 60km/h township zone, the property benefits from outstanding exposure and accessibility.
Are there any restrictions or zoning considerations?
The property is situated within the township zone, offering diverse commercial and residential opportunities; however, prospective buyers should verify specific zoning and planning regulations.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Have all necessary planning permits and approvals been obtained for the existing commercial operations? Are there any known defects or structural issues with the residence or commercial spaces? Is the property located in a flood or bushfire-prone area, and what mitigation measures are in place? Are there any easements, covenants, or zoning restrictions that could impact future use or development? What are the terms of the current retail lease, and are there any upcoming lease expirations or rent reviews? Is there any ongoing or planned construction or development activity nearby that could affect the property? Are there any strata or body corporate considerations if applicable? What are the ongoing costs for council rates, utilities, and maintenance? Is the property compliant with all local regulations and safety standards?

55 Wallace Street, Meredith, Vic 3333 - More Details

$895,000 - $980,000

Type
Other
Bedrooms
3
Bathrooms
2
Parkings
10
Area
4,046.86 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

55 Wallace Street, Meredith, Vic 3333 - Point Of Interest

Neighborhood discovery - Real Search

Login to see point of interest of 55 Wallace Street, Meredith, Vic 3333

Locate Near By Places of 55 Wallace Street, Meredith, Vic 3333 On Map

Neighborhood discovery - Real Search

Login to see near by places of 55 Wallace Street, Meredith, Vic 3333

Your Commute at a Glance: 55 Wallace Street, Meredith, Vic 3333

Neighborhood discovery - Real Search

Login to see commute at a glance: 55 Wallace Street, Meredith, Vic 3333

Email Enquiry To The Geelong Agency

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Meredith

Real Search makes searching for your new home easy with properties for sale in Meredith and properties for rent in Meredith. Are you looking for specific type of property? Real Search has units for sale in Meredith and houses for sale in Meredith. Real Search also provides 1 bedroom other for sale in Meredith, 2 bedroom other for sale in Meredith & 3 bedroom other for sale in Meredith. Find best real estate agents in Meredith. You can also check real estate agencies in Meredith. Research the property market of Meredith with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.