FOR SALE
Retail Shop plus Back Resident $780,000-$800,000

86-88 Main Road
Bakery Hill VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 327m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Iconic Main Road Retail and Porter Street Residential!

Looking for a perfect investment property that offers both quality residential living and retail shop? Look no further than this beautiful mixed-use property that offers both excellent lifestyle and investment potential. It features a charming low-maintenance residential home on Porter Street, and a commercial retail shop on Main Road with its own separate entrance, street frontage and plenty of street parking. This is a perfect location for those who are looking for a central location near Bridge Mall and Ballarat Central District.
The retail shop features:
• Conveniently located at the heart of Bakery Hill on Main Road.
• Walking distance to Bridge Mall, Ballarat Central District and much more that central Ballarat offers
• Reliable commercial tenants with lease, this shop is currently operated as a well-equipped café that is loved by many.
• Reliable tenants with lease.
• Two separate toilets for the cafe's customers and staff.
• Commercial 1 Zoning.
• Dual entrance facilitates easy access and free parking for customers, staffs.
The newly renovated Three-bedroom residential property features:
See MoreView Statement of Information

Property Details for 86-88 Main Rd, Bakery Hill

86-88 Main Rd, Bakery Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 327m2. The place is currently for sale with INVESTATE INTERNATIONAL PTY LTD.

Building Type
House
Land Size
327m2

Commute Calculator

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 31.07% increase in median value, while Units have seen a 75.82% increase. As at 31 July 2024:

  • The median value for Houses in Bakery Hill is $637,506 while the median value for Units is $453,450.
  • Houses have a median rent of $455.
There are currently 5 properties listed for sale, and 2 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.

Bakery Hill Profile Page

Suburb Insights for Bakery Hill 3350

Visit Bakery Hill profile page
Market Insights
Bakery Hill Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Bakery Hill Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Bakery Hill profile page
Contact agent
Novine Zhang
Show contact details
Call agent
INVESTATE INTERNATIONAL PTY LTD
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED