FOR SALE
$750,000

202 Humffray Street S
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
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Buzzing Cafe in Popular Location

Located in a bustling commercial area, this property offers a prime opportunity for any astute investor looking to buy in a premier Ballarat precinct.
Currently running as a bustling café 'Clothesline Café' up for sale is the freehold only.
The lease in place is a 3x3x3 year lease, returning Year 1 $31,200pa, Year 2 $36,400pa, Year 3 increased with CPI plus outgoings
- Located in an amazing location centrally set with a very loyal customer base
- The property has been fully renovated into a full operational café with three rooms, outdoor seating areas, kitchen and accessible toilets
The property sits on approx. 300m2 corner allotment and has approx 110m2 of floor area.
The property is conveniently situated near major roads and public transportation, making it easily accessible for both customers and employees.
There are several on street carparks positioned to the front of the property, making ease of access for customers a breeze.
Don't miss out on this fantastic opportunity to own a commercial property in a high-traffic area.
Contact us today to schedule a viewing and make this opportunity yours.
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Property Details for 202 Humffray St S, Bakery Hill

Building Type
Commercial
Floor Size
110m2

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About Bakery Hill 3350

The size of Bakery Hill is approximately 0.2 square kilometres. It has 2 parks. The population of Bakery Hill in 2011 was 174 people. By 2016 the population was 171 showing a population decline of 1.7% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation. In 2011, 45.1% of the homes in Bakery Hill were owner-occupied compared with 46.7% in 2016.

Bakery Hill has 319 properties. Over the last 5 years, Houses in Bakery Hill have seen a 27.46% increase in median value, while Units have seen a 80.27% increase. As at 31 August 2024:

  • The median value for Houses in Bakery Hill is $608,175 while the median value for Units is $445,869.
  • Houses have a median rent of $463.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Bakery hill on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Bakery hill.

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Catharina Darken
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Michael Darken
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