For Sale

55 Wallace Street, Meredith, Vic 3333-Image

55 Wallace Street, Meredith, Vic 3333

$895,000 - $980,000

Other

Type

Bedrooms

Bathrooms

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

View the agent price guide.

Nathan Brown - Real Estate Agent - The Geelong Agency

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AI Property Insight

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

Suburb and Property Insights of Meredith, VIC 3333

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

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

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

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

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