FOR SALE
$500,000 (plus GST if applicable)

123 Brown Street
Hamilton VIC 3300

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 683m2
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FANTASTIC OPPORTUNITY - REGIONAL VICTORIA

BAKERY BUSINESS
A fantastic opportunity presents to purchase a longstanding iconic local bakery business. The business was established in 1913 and has been closely held in the same family for the past 48 years. Servicing the local area this bakery is a local favourite in a great location and provides wholesale bakery items along with a shop with both takeaway and eat in available. Kings Bakery is well known as the "shop with the pie on top" and is situated in a prominent position in the CBD opposite Hamilton's main sporting ground, Melville Oval and McDonalds. On offer is a well established profitable business, extensive inventory of plant & equipment and three delivery vans.
There is also the opportunity to purchase the freehold.
** Hamilton is a regional town centrally located in South West Victoria, only 30kms from the Grampians, 100kms from coastal towns of Warrnambool, Port Fairy & Warrnambool, 300kms from Melbourne and 125kms from Mt Gambier, South Australia.

Property Details for 123 Brown St, Hamilton

Building Type
Commercial
Land Size
683m2

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About Hamilton 3300

The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2011 was 10,103 people. By 2016 the population was 9,981 showing a population decline of 1.2% in the area during that time. The predominant age group in Hamilton is 50-59 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 71.2% of the homes in Hamilton were owner-occupied compared with 71.3% in 2016.

Hamilton has 6,348 properties. Over the last 5 years, Houses in Hamilton have seen a 66.89% increase in median value, while Units have seen a 48.82% increase. As at 31 October 2024:

  • The median value for Houses in Hamilton is $345,653 while the median value for Units is $277,451.
  • Houses have a median rent of $370 while Units have a median rent of $330.
There are currently 32 properties listed for sale, and 1 property listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Hamilton.

Suburb Insights for Hamilton 3300

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Melissa Ferrier
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Professionals Real Estate Hamilton
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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.