OFF MARKET

36A-38 Main Road
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 160m2
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Property Details for 36a-38 Main Rd, Bakery Hill

Building Type
Commercial
Land Size
160m2
Local Government
Ballarat
Lot/Plan
18A~H/PP5031

Last Listing description (July 2023)

Located in Ballarat Central's bustling Main Road, this commercial property at 36a boasts a Commercial 1 Zone classification and Heritage Overlay HO176. The building's exact floor area is 206sqm and the block size is approximately 160SQM with two designated car spaces at the rear.

The entire building is available for lease at $20,800PA + GST + all outgoings, making it an attractive option for businesses seeking a new location in the area. The property is a blank canvas, allowing tenants to customise and transform the space to fit their specific needs.

Upon entering the property, visitors will notice that the building's size is deceiving from the street. On the ground floor, there is a shop front that leads to a kitchen and lounge area. Upstairs, there are three separate rooms, one of which has an eastern-facing window that overlooks Main Road. The basement features an updated bathroom, and outside there are three unused toilets, some yard space, and off-street parking.

Given its location and flexible floor plan, this commercial property offers a unique opportunity for businesses to establish themselves in the heart of Ballarat Central's vibrant community. With the potential to serve as a retail shop, restaurant, or office, 36a Main Road is well-suited for a variety of industries seeking a space with character and charm.

Property History for 36a-38 Main Rd, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Transferred
31 May 2023
Listed for Rent
$422/w
05 May 2023
  • 31 May 2023
    Transferred
  • 05 May 2023
    Listed for Rent $22,000 / year
  • 18 Sep 2020
    Listed for Rent $20,800 / year
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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 320 properties. Over the last 5 years, Houses in Bakery Hill have seen a 21.39% increase in median value, while Units have seen a 46.19% increase. As at 31 October 2024:

  • The median value for Houses in Bakery Hill is $610,168 while the median value for Units is $456,526.
  • Houses have a median rent of $470.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Bakery hill on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Bakery hill.

Suburb Insights for Bakery Hill 3350

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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.