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2874 Warburton Highway, Wesburn, VIC 3799, 2 Bedrooms, 1 Bathrooms, House

$1,100,000

2874 Warburton Highway, Wesburn, VIC 3799

2
1
2
887m2
HouseListed on Thu Oct 10
mortgagee salesPrice drop

Wesburn 2 Bedroom Live in and let the income pay the Mortgage or Invest and forget!

First time publicly offered in nearly 20 years! Discover a rare gem with unparalleled potential! Just 650 metres from the new Wesburn Park Trail Head, a gateway to the Warburton Mountain Bike Destination, this exceptional Commercially Zoned (Township Zone TZ) property is truly one-of-a-kind.

Currently, this property offers a steady income stream from four secure tenancies, three commercial and a residential tenant, including popular local favorites like Flying Apron Patisserie, Fill Good Foods, and a charming beauty parlour. Additionally, it features a beautifully preserved private residence with high ceilings, ornate cornices, and a spacious open-plan living area. Enjoy a country-style kitchen with an island bench and stunning views of your cottage garden and mountain backdrop. The residence is complemented by ducted heating, evaporative cooling, cosy wood fire, and easy access from the double carport, all within a secure, gated picket fence.

Previously known as "The Postmasters Cottage," this property offers fantastic flexibility. You can continue renting it out, move in and let your tenants help pay off the mortgage, relaunch it as a bed and breakfast, or explore other commercial ventures such as a bike shop or rental service.

Exciting possibilities await with existing plans and permits for expansion. The approved permit includes:

A new 58 square metre commercial space with Warburton Highway frontage, featuring high ceilings, a recycled brick wall, and prominent display windows.

A second-story residential space that can enhance the existing home or serve as a separate residence or holiday letting.

Whether you choose to develop both components simultaneously or in stages, this property offers a multitude of incredible opportunities. Consult with your building surveyor to explore the full potential of this extraordinary offering.

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Council Data

Design and DevelopmentYes

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Wesburn Primary School
0.22 km
Primary
Prep-6
Government
icsea: 1006
Upper Yarra Secondary College
3.37 km
Secondary
7-12
Government
icsea: 965

Property history

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Wesburn surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4 Little Joe Court, Wesburn
0.26 km
3
3
-m2
Year 2025 Month 01 Day 27
$1,250,000
Council approved
2748 Warburton Highway, Wesburn
1.16 km
3
2
-m2
Year 2024 Month 12 Day 16
$760,000
Council approved
17 Edward Street, Wesburn
0.38 km
5
3
-m2
Year 2024 Month 10 Day 15
$950,000
Council approved
2859 Warburton Highway, Wesburn
0.34 km
0
0
-m2
Year 2024 Month 09 Day 26
$500,000
Council approved
7 Damon Court, Millgrove
1.26 km
3
2
-m2
Year 2024 Month 09 Day 22
$630,000
Council approved

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Ref:1P3594Last update:2025-02-04 03:57:12