Top picks for commercial real estate in Melbourne’s north west
From quirky cafes to landmark pubs, Melbourne’s northwest is offering something for everyone in the bargain hunt.
Property
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When it comes to real estate, Aussies love snagging a bargain or checking out the latest hot deals hitting the market.
That’s true in Melbourne’s north west, which is predicted to be one of the state’s biggest growth corridors in the coming years. Hume, which houses some of the state’s lowest socio-economic areas, is predicted to rival Canberra in population by the end of the next decade.
Whether you’re looking for the next up-and-coming business opportunity or to move into a swanky new place, Melbourne’s north west could have the ideal spot.
The jewel of Kyneton
41 Mollison St, Kyneton
Is there anything more Australian than the dream of owning your pub? If the thought of pulling cold pints for locals in a quaint town appeals, this could be the chance you’ve been waiting on.
The Albion can be found on Kyneton’s the main street about an hour‘s drive from Melbourne.
Situated in the idyllic Macedon Ranges, the Albion is a popular watering hole for locals and visiting weekend tourists.
The rustic hotel features a fully equipped commercial kitchen, a seated public bar with an open fireplace, a beer garden and alfresco area and a first-floor function room. Designed with an owner-operator in mind, the hotel also packs in a four-bedroom residence with a bathroom, kitchen, lounge, dining area and laundry.
With a direct link to the city from Southern Cross and nestled in a bustling tourist area, it is a pub of opportunity.
Coffee in a council building
90 High St, Woodend
Council buildings are not usually where you find people smiling and enjoying their day but the old council chamber in Woodend is an exception.
Nestled in the heritage building is one of Woodend’s popular cafes that has just hit the market.
Fox in the Chamber has found a niche after six years in Woodend with its modern food offering set inside a picturesque building.
Nestled around wineries as well as walking and cycling tracks, it is a popular spot with locals and tourists alike.
Farmhouse oasis
60 Duncans Lane, Diggers Rest
Wide expanses, country styling and an escape from the city are all on offer in Diggers Rest.
This farmhouse offers a 6ha land package which features a four-bedroom house with a study and two bathrooms in a beautifully presented country home.
Around the property, two large horse paddocks with timber-lined shelter sheds sit near stables and all the fittings a buyer would need for their equine pets.
The country feel comes with city convenience as the Diggers Rest railway station and Calder Freeway provides access to Melbourne or all local amenities in Sunbury and Water Garden.
Shopping precinct spot
233/233A Union Rd, Ascot Vale
In the heart of Ascot Vale, this property offers buyers a sweet deal as it’s beautifully situated in a retail precinct.
While it is operates as a hair salon, the size and location of the boutique property give it versatility for retail and residential possibilities.
The kitchenette, laundry and storage room as well as the two-car remote garage means buyers have incredible flexibility with this property.
The area is populated with cafes, and transport options and is close to the Royal Showgrounds and Moonee Valley Racecourse.