8 Victoria StreetBakery Hill VIC 3350
Property Details for 8 Victoria St, Bakery Hill
Last Listing description (September 2019)
Phone enquiries - please quote property ID 18392
Offered to market is this outstanding opportunity to acquire Ballarat's one and only Hog's Australia's Steakhouse.
This fabulous, fully licensed venue is perfectly positioned in the busy Victoria Street precinct with private parking for staff and guests on site. The ambience and colonial architecture of the building reflects perfectly with Hog's unique branding and operating style. The location is generous in area and offers seating for up to 180 hungry and thirsty guests.
HOG'S is like no other in the restaurant business with more than 80 locations nationally. Having had a single owner since its establishment in 2006, our Ballarat business possesses a strong bond with the franchise system and has an enviable fellowship with over 6500 frequent diners participating in the loyalty program. Hog's Ballarat is a lifestyle driven business where the owners of the store are the face of the franchise backed by highly trained, motivated staff and supported by the franchisor.
This very successful Ballarat restaurant is available now - so here's your chance! At just $400,000 + stock & training it won't be here for long. To find out more, get in contact now!
Property History for 8 Victoria St, Bakery Hill, VIC 3350
- 04 Aug 2019Listed for Sale $400,000
- 26 Jun 2000Sold for $500,000
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0About 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.
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